ブラックロック・スタイル・アドバンテージ・ポートフォリオ（円／年１回決算コース） 有価証券報告書（内国投資信託受益証券） 第4期(令和2年1月16日－令和3年1月15日)

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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）
    【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】              2021年４月９日

    【計算期間】              第４期(自　2020年１月16日　至　2021年１月15日)

    【ファンド名】              ブラックロック・スタイル・アドバンテージ・ポートフォリオ（円／年１回決算コース）

    【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】              代表取締役社長　有田　浩之

    【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　「ブラックロック・スタイル・アドバンテージ・ポートフォリオ（円／年１回決算コース）」（以下「当ファ
       ンド」または「ファンド」という場合があります。）は、信託財産の中長期的な成長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／内外／資産複合／特殊型（絶対収益追求型）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              （絶対収益追求型）
                          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     （日本を含む）         ファンド       （限定ヘッジ）
      　大型株          年４回     日本                          条件付運用型
      　中小型株          年６回     北米         ファンド・       なし
      債券          （隔月）     欧州         オブ・                ロング・ショート
      　一般          年12回     アジア         ファンズ                型／  絶対収益追求型
      　公債          （毎月）     オセアニア
      　社債          日々     中南米                          その他
      　その他債券          その他     アフリカ
      クレジット属性                中近東
      不動産投信                （中東）
      その他資産                エマージング
      （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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     ＜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れ従来
      投信の区分                     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          内外          目論見書又は投資信託約款において、国内および海外の資産による
      区分                     投資収益を実質的に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          資産複合          目論見書又は投資信託約款において、株式、債券、不動産投信
      区分                     （リート）等の資産のうち複数の資産による投資収益を実質的に源
                           泉とする旨の記載があるものをいう。
      補足分類          特殊型          目論見書または投資信託約款において、投資者に対して注意を喚起
                 （絶対収益追求型）          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法の記載が
                           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に投資
      属性区分          託証券）          する旨の記載があるものをいう。
      決算頻度による属性          年１回          目論見書または投資信託約款において、年１回決算する旨の記載が
      区分                     あるものをいう。
      投資対象地域による          グローバル          目論見書または投資信託約款において、組入資産による投資収益が
      属性区分          （日本を含む）          日本を含む世界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（ファンド・オ
      区分                     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一部の
      性区分          （限定ヘッジ）          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          絶対収益追求型          目論見書または投資信託約款において、特定の市場に左右されにく
      分                     い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、かつ親投資信託はファンド・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（資産複合）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、5,000億円です。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。
       ※当ファンドの運用戦略に適した運用規模・運用効率を勘案し、市場環境や資金流入の動向に応じて信託金の限
        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
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    （追加的記載事項）
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     (2)【ファンドの沿革】
      2017年８月４日              信託契約締結、ファンドの設定日、運用開始
     (3)【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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      ＜ファンドの仕組み＞
       当ファンドは、スタイル・アドバンテージ・マザー・ポートフォリオ（円）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。また、マザーファンドは、投資信託証券を投資対象とするファンド・オブ・ファンズ
      形式で運用します。
      ＜委託会社の概況＞



       2021年１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　マザーファンドの受益証券を通じて、主として内外の株式、債券、通貨および派生商品等に投資し長期的に市
       場動向に左右されない絶対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
       します。マザーファンドにおいては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。
      ②　マザーファンドの投資対象ファンドは、ブラックロック・グループの運用会社が運用する投資信託証券としま

       す。投資対象ファンドは、委託会社の判断により、変更することがあります。
      ③　マザーファンドの主要投資対象ファンドにおいて、原則として米ドル・日本円について為替ヘッジが行なわ

       れ、米ドル・日本円間での為替リスクの低減が図られます。また、マザーファンドの副次的な投資対象ファンド
       に対してはマザーファンドにおいて為替ヘッジを行ない、為替リスクの低減を図ります。
      ④　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があります。

      ⑤　投資対象ファンドの設定にあたっては、上記の投資方針の他、当ファンドの運営上の効率性等を勘案します。

      ※　委託会社は、自己または第三者の利益を図るために投資者の利益を害することとなる潜在的なおそれのある取

        引を行ないまた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。
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     ＜参考＞　マザーファンドの運用の基本方針
                 スタイル・アドバンテージ・マザー・ポートフォリオ（円）

                          －  運用の基本方針        －

    １．基本方針
       この投資信託は、信託財産の中長期的な成長を目標に運用を行ないます。
    ２．運用方法

     (１)投資対象
        主として内外の株式、債券、通貨および派生商品等に投資し長期的に市場動向に左右されない絶対収益を追求
        する投資信託証券を主要投資対象とします。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。
     (２)投資態度

     ①   主として内外の株式、債券、通貨および派生商品等に投資し長期的に市場動向に左右されない絶対収益を追求
        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。）に投資します。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。
     ②   投資対象ファンドは、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投資信託証券とします。投
        資対象ファンドは、委託会社の判断により、変更することがあります。
     ③   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。
     ④   主要投資対象ファンドにおいて、原則として米ドル・日本円について為替ヘッジが行なわれ、米ドル・日本円
        間での為替リスクの低減が図られます。また、副次的な投資対象ファンドに対しては為替ヘッジを行ない、為
        替リスクの低減を図ります。
     ⑤   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があります。
     (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（ａ．およびｃ．に掲げるものに該当するものを除きます。以下同じ。）
       ｃ．約束手形
      ②　投資対象とする有価証券

        委託会社は、信託金を、主としてスタイル・アドバンテージ・マザー・ポートフォリオ（円）の受益証券のほ
       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（以下「社振法」といいます。）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項に規定する
        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

        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．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・スタイル・アドバンテージ・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（円建て円ヘッジ）
             当ファンドは、長期的に市場動向に左右されない絶対収益の追求を目指して運用を行ないま
             す。
             当ファンドは機動的にエクスポージャーを調整することで様々なスタイルファクター戦略から
    投資目的および
             プレミアムを獲得することを目指します。
    投資態度
             独自の定量化モデルを用いて銘柄の選定を行ない投資目的の達成を目指します。またバ
             リュー、モメンタム、キャリー、ディフェンシブといったファクターを活用し、幅広い投資資
             産に横断的に投資を行ないます。
    設定日         2016年９月14日
    存続期間         無期限
             世界の株式、株式関連証券、債券、債券関連証券、通貨、デリバティブ、ファンド、短期金融
             商品等の多様な資産に投資を行ないます。商品市場へのエクスポージャーを獲得する為にファ
    主な投資対象
             ンド、パフォーマンス・リンク債、上場投資信託、商品指数を原資産とするデリバティブ等を
             活用する場合があります。
             ・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         年0.55％
             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・インベストメント・マネジメント・エル・エル・シー
             ステート・ストリート・バンク・インターナショナル                         ＧｍｂＨ
    保管会社
    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】
      ①　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。
      ②　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従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。
      ③　当ファンドの運用は、マルチアセット戦略部と協働してマルチアセット運用部（当ファンド担当：５名程度）

       が担当いたします。
        投資対象ファンドの選定に当たっては、ベンチマークの構成指数に対応する資産を投資対象とする投資信託証
       券の中から、定性評価と定量評価の両面から検討のうえ決定します。
       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8.68兆ドル                            （約896兆円）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。
       ＊　2020年12月末現在。（円換算レートは１ドル＝103.245円を使用）
     (4)【分配方針】

      ①　収益分配方針
        年１回の毎決算時（原則として１月15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（「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「消費税等相当額」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。
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        (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。
     (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。
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        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　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。

      ⑧　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。
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    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．株価変動リスク

         世界各国の株式および株式関連の派生商品に投資を行ないます。世界各国の経済・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。
       ｃ．債券投資のリスク

         債券に投資を行ないます。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。
       ｄ．デリバティブ取引のリスク

         株式および債券関連のデリバティブ取引（先物・スワップなど）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。
        （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。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。
       ｅ．為替変動リスク

         主要投資対象ファンドにおいては、当該ファンドで保有する資産を米ドル換算し、米ドル換算した額に対し
        て米ドル売り・円買いの為替取引（ヘッジ取引）を行なうことによって、為替変動リスクの低減を図ります
        が、米ドルの対円での為替変動を完全にヘッジすることはできません。また、米ドル金利が円金利より高い場
        合、ヘッジ・コストがかかります。
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         また、主要投資対象ファンドが運用戦略上で保有する米ドル建て以外の資産、および収益追求のために取得
        した通貨市場における米ドル以外のエクスポージャーについては、米ドルに対する為替ヘッジを行なっており
        ません。したがって、米ドル以外の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。
       ｆ．カントリーリスク

         世界各国の有価証券等に投資します。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、有価
        証券の価格が変動することがあり、それに伴い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を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ファンドの受益権の口数が30億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。
       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。
       ※　リスクの管理体制は、変更となる場合があります。

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    （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）
    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4.40％
       （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。
      ②　「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
        ファンドの実質的な信託報酬（ａ＋ｂ）は、信託財産の純資産総額に対して年1.2859％（税抜1.219％）程度と
       なります。
       ａ．ファンドの信託報酬

         計算期間を通じて毎日、信託財産の純資産総額に年0.7359％（税抜0.669％）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0.0550％         ファンドの運用、基準価額の計算、運用報告書等各種書類
         委託会社
                  (税抜0.050％)          の作成等
                   年0.6600％         運用報告書等各種書類の送付、口座内でのファンドの管
         販売会社
                  (税抜0.600％)          理、購入後の情報提供等
                   年0.0209％
         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0.019％)
       ｂ．主要投資対象ファンドにかかる運用管理費用

         年0.55％が投資対象ファンドから支払われます。
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      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、ファンドの基準価額に反映されます。なお、毎計算期間の最初の６ヵ月終了日（当
       該終了日が休業日の場合はその翌営業日）および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。）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0.11％（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、ファンドの基準価額に反映されます。な
        お、毎計算期間の最初の６ヵ月終了日（当該終了日が休業日の場合はその翌営業日）および毎計算期末または
        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。
                       ＊

      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　主要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等並びに副次的投資対象ファンドの報酬

       等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】

       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。
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       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％（復興特別所得税を含む）、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％（復興特別所得税を含む）、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。
          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。
                                 21/270



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          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。
        ※少額投資非課税制度「愛称：ＮＩＳＡ（ニーサ）」がご利用になれます。ＮＩＳＡをご利用の場合、毎年、

         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％（復興特別所得税を含む）、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。
       ※外貨建資産への投資により外国税額控除の適用となった場合には、分配時の税金が上記と異なる場合がありま

        す。
       ※上記は2021年１月末現在のものですので、税法が改正された場合等には、税率等が変更される場合がありま

        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2021年１月末現在のものです。
      「ブラックロック・スタイル・アドバンテージ・ポートフォリオ（円／年１回決算コース）」
     (1)  【投資状況】
               資産の種類                    金額(円)            投資比率(％)

                                   5,496,057,862                 100.03

    親投資信託受益証券
                  内　日本                 5,496,057,862                 100.03

    コール・ローン、その他の資産(負債控除後)                                △1,782,045                △0.03

    純資産総額                               5,494,275,817                 100.00

     (2)  【投資資産】

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

    順位       銘柄      国/地域     種類     数量(口)
                                 (円)     (円)     (円)     (円)     (％)
       スタイル・アドバンテー
                     親投資信託
     １  ジ・マザー・ポートフォリ           日本        7,987,295,251       0.6829    5,454,523,958       0.6881    5,496,057,862       100.03
                     受益証券
       オ（円）
     (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                         100.03

         (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。
                                 23/270








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     (3)  【運用実績】
      ①  【純資産の推移】
        2021年１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(2018年１月15日)                26,606,655,103           (同左)            0.9910       (同左)
    第２期(2019年１月15日)                21,207,097,954           (同左)            0.8968       (同左)
    第３期(2020年１月15日)                12,865,922,909           (同左)            0.8658       (同左)
    第４期(2021年１月15日)                5,467,430,556          (同左)            0.6644       (同左)
    2020年１月末現在                12,041,872,580            ―           0.8589        ―
    2020年２月末現在                11,098,135,180            ―           0.8243        ―
    2020年３月末現在                10,335,541,535            ―           0.8153        ―
    2020年４月末現在                8,894,428,690            ―           0.7507        ―
    2020年５月末現在                8,318,298,640            ―           0.7181        ―
    2020年６月末現在                7,887,669,806            ―           0.7139        ―
    2020年７月末現在                7,418,249,158            ―           0.7053        ―
    2020年８月末現在                7,130,506,134            ―           0.7028        ―
    2020年９月末現在                6,441,367,332            ―           0.6914        ―
    2020年10月末現在                6,254,960,526            ―           0.6928        ―
    2020年11月末現在                5,887,694,864            ―           0.6642        ―
    2020年12月末現在                5,440,244,190            ―           0.6585        ―
    2021年１月末現在                5,494,275,817            ―           0.6692        ―
      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                            ―

      ③  【収益率の推移】

                                         収益率(％)

               第１期                           △0.9

               第２期                           △9.5

               第３期                           △3.5

               第４期                           △23.3

     (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
        数です。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。
                                 24/270




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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              26,923,816,773               76,558,715           26,847,258,058

         第２期              5,356,776,069             8,556,726,598             23,647,307,529

         第３期               546,810,054            9,333,232,291             14,860,885,292

         第４期                 186,127          6,631,910,102             8,229,161,317

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    （参考情報）
    「スタイル・アドバンテージ・マザー・ポートフォリオ（円）」
     (1)  投資状況
               資産の種類

                                   金額(円)            投資比率(％)
                                   5,457,756,963                 99.30

    投資証券
                  内　ルクセンブルグ                 5,398,092,111                 98.22

                  内　アイルランド                   59,664,852                1.09

    コール・ローン、その他の資産(負債控除後)                                38,212,275                0.70

    純資産総額                               5,495,969,238                 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

    順                             簿価単価      簿価金額      評価単価      評価金額
            銘柄         国／地域    種類   投資口数                            比率
    位                              (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・スタイ
                     ルクセン    投資
    １                         712,562    7,517.68     5,356,827,589       7,575.59     5,398,092,111      98.22
      ル・アドバンテージ・ファンド            クラ
                     ブルグ    証券
      スI投資証券
      インスティテューショナル・キャッ
                     アイルラ    投資
      シュ・シリーズplc　ブラックロッ
    ２                          5,382   11,084.49       59,663,165     11,084.80       59,664,852     1.09
      ク・ＩＣＳ・ＵＳトレジャリー・ファ
                      ンド    証券
      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                       99.30

            (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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    （参考情報）
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    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予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、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に
      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。
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     (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。
     (7)  購入時手数料

      ①　購入受付日の翌営業日の基準価額に4.40％（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。
      ②　「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（購入受付日の翌営業日
      の基準価額に購入口数を乗じた金額に、購入時手数料を加算した金額をいいます。）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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    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、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に
      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を設ける場合があります。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６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従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「スタイル円
      １」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、2017年８月４日から2027年８月４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】

       計算期間は１月16日から翌年１月15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。
     (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、ファンドの受益権の口数が30億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。
                                 31/270



                                                          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また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従い、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。
                                 32/270



                                                          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．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また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また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株式会社日本カストディ銀行と再信託契約を
       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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    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６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４期計算期間(2020年１月16日から2021年

      １月15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「スタイル・アドバ

      ンテージ・マザー・ポートフォリオ（円）」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。
                                 35/270
















                                                          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】
    【ブラックロック・スタイル・アドバンテージ・ポートフォリオ（円／年１回決算コース）】
     (1)【貸借対照表】
                                                    (単位：円)
                                  第３期              第４期
                               (2020年１月15日現在)              (2021年１月15日現在)
     資産の部
      流動資産
        親投資信託受益証券                            12,926,803,000               5,494,180,747
                                     63,292,125              10,434,571
        未収入金
      流動資産合計                             12,990,095,125               5,504,615,318
     資産合計                               12,990,095,125               5,504,615,318
     負債の部
      流動負債
        未払解約金                              63,292,125              10,434,571
        未払受託者報酬                              1,642,098               672,786
        未払委託者報酬                              56,178,434              23,018,308
                                      3,059,559              3,059,097
        その他未払費用
      流動負債合計                               124,172,216               37,184,762
     負債合計                                124,172,216               37,184,762
     純資産の部
     元本等
      元本                             14,860,885,292               8,229,161,317
      剰余金
        期末剰余金又は期末欠損金（△）                           △ 1,994,962,383             △ 2,761,730,761
                                          －              －
        （分配準備積立金）
      元本等合計                             12,865,922,909               5,467,430,556
     純資産合計                               12,865,922,909               5,467,430,556
     負債純資産合計                               12,990,095,125               5,504,615,318
                                 36/270











                                                          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３期              第４期
                               (自　2019年１月16日              (自　2020年１月16日
                               　至　2020年１月15日)              　至　2021年１月15日)
     営業収益
                                    △ 295,824,339            △ 2,320,519,005
      有価証券売買等損益
      営業収益合計                              △ 295,824,339            △ 2,320,519,005
     営業費用
      受託者報酬                                3,680,078              1,684,254
      委託者報酬                               125,900,178               57,622,381
                                      6,507,591              5,915,929
      その他費用
      営業費用合計                               136,087,847               65,222,564
     営業利益又は営業損失（△）                               △ 431,912,186            △ 2,385,741,569
     経常利益又は経常損失（△）                               △ 431,912,186            △ 2,385,741,569
     当期純利益又は当期純損失（△）                               △ 431,912,186            △ 2,385,741,569
     一部解約に伴う当期純利益金額の分配額又は一部解
                                     34,738,218             △ 728,741,422
     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（△）                              △ 2,440,209,575             △ 1,994,962,383
     剰余金増加額又は欠損金減少額                                960,351,564              890,287,199
      当期一部解約に伴う剰余金増加額又は欠損金減
                                     960,351,564              890,287,199
      少額
     剰余金減少額又は欠損金増加額                                 48,453,968                55,430
      当期追加信託に伴う剰余金減少額又は欠損金増
                                     48,453,968                55,430
      加額
                                          －              －
     分配金
     期末剰余金又は期末欠損金（△）                              △ 1,994,962,383             △ 2,761,730,761
                                 37/270












                                                          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)【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。
    (貸借対照表に関する注記)

                            第３期                第４期
            項目
                         (2020年１月15日現在)                (2021年１月15日現在)
    １　当該計算期間の末日における受
                             14,860,885,292口                 8,229,161,317口
      益権総数
    ２　投資信託財産の計算に関する規
                      元本の欠損                元本の欠損
      則第55条の６第10号に規定する
                              1,994,962,383円                2,761,730,761円
      額
    ３　１口当たり純資産額                             0.8658円                0.6644円
    (損益及び剰余金計算書に関する注記)

                       第３期                     第４期
        項目            (自　2019年１月16日                     (自　2020年１月16日
                   　至　2020年１月15日)                     　至　2021年１月15日)
     分配金の計算過程          当計算期末における、費用控除後の配当等                     当計算期末における、費用控除後の配当等

              収益（0円）、費用控除及び繰越欠損金補填                     収益（0円）、費用控除及び繰越欠損金補填
              後の有価証券売買等損益(0円）、収益調整                     後の有価証券売買等損益(0円）、収益調整
              金（有価証券売買等損益相当額）(0円）、                     金（有価証券売買等損益相当額）(0円）、
              収益調整金（その他収益調整金）（0円）、                     収益調整金（その他収益調整金）（0円）、
              分配準備積立金(0円）により、分配対象収                     分配準備積立金(0円）により、分配対象収
              益は0円となり、当期は分配ができませんで                     益は0円となり、当期は分配ができませんで
              した。                     した。
                                 38/270










                                                          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、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」、「株価変動リスク」、「債券投資のリス
    ク」、「デリバティブ取引のリスク」、「為替変動リスク」、「カントリーリスク」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。

                                 39/270









                                                          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３期                           第４期
            (2020年１月15日現在)                           (2021年１月15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                           同左
      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                           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                           同左
      記載しております。
      (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                           同左
      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                           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                           同左
      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。
    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                           同左
      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。
                                 40/270










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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）
    (その他の注記)
    １　期中元本変動額
                          第３期                  第４期
          項目
                       (2020年１月15日現在)                  (2021年１月15日現在)
    期首元本額                        23,647,307,529円                  14,860,885,292円
    期中追加設定元本額                         546,810,054円                    186,127円
    期中一部解約元本額                        9,333,232,291円                  6,631,910,102円
    ２　有価証券関係

    第３期(2020年１月15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                            △366,796,480
                合計                        △366,796,480

    第４期(2021年１月15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                           △1,603,433,514
                合計                        △1,603,433,514

    ３　デリバティブ取引関係

      該当事項はありません。
                                 41/270











                                                          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
               スタイル・アドバンテージ・マザー・
    親投資信託受益証券                                8,045,366,448          5,494,180,747
               ポートフォリオ（円）
    親投資信託受益証券　合計                                8,045,366,448          5,494,180,747
    合計                                8,045,366,448          5,494,180,747

    (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。
                                 42/270














                                                          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、「スタイル・アドバンテージ・マザー・ポートフォリオ（円）」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2021年１月15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。
               「スタイル・アドバンテージ・マザー・ポートフォリオ（円）」の状況

     (1)  貸借対照表

                                    (2021年１月15日現在)
                  項目
                                       金額(円)
         資産の部

         　流動資産
         　　金銭信託                                     88,548,363
         　　投資証券                                    5,416,125,282
         　　派生商品評価勘定                                       226,744
         　流動資産合計                                    5,504,900,389
         資産合計                                    5,504,900,389
         負債の部
         　流動負債
         　　未払解約金                                     10,434,571
         　流動負債合計                                     10,434,571
         負債合計                                     10,434,571
         純資産の部
         元本等
         　元本                                    8,045,366,448
         　剰余金
         　　剰余金又は欠損金（△）                                   △2,550,900,630
         　元本等合計                                    5,494,465,818
         純資産合計                                    5,494,465,818
         負債純資産合計                                    5,504,900,389
        (注)親投資信託の計算期間は、原則として、毎年１月16日から翌年１月15日までであります。
                                 43/270







                                                          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。
    (貸借対照表に関する注記)

             項目                  (2021年１月15日現在)
    １　当該計算日における受益権総数                                   8,045,366,448口

    ２　投資信託財産の計算に関する規則第55                    元本の欠損

      条の６第10号に規定する額                                 2,550,900,630円
    ３　１口当たり純資産額                                       0.6829円

                                 44/270







                                                          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」、「株価変動リスク」、「債券投資のリス
    ク」、「デリバティブ取引のリスク」、「為替変動リスク」、「カントリーリスク」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。

                                 45/270








                                                          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
                     (2021年１月15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。
                                 46/270











                                                          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
                      (2021年１月15日現在)
    同計算期間の期首元本額                                     14,652,916,573円
    同計算期間中の追加設定元本額                                         181,660円
    同計算期間中の一部解約元本額                                      6,607,731,785円
    同計算期間末日の元本額※                                      8,045,366,448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。

    ブラックロック・スタイル・アドバンテージ・ポートフォリオ（円／年

                                          8,045,366,448円
    １回決算コース）
    合計                                      8,045,366,448円
    ２　有価証券関係

    売買目的有価証券
                             （2021年１月15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                     △1,582,511,649

           合計                    △1,582,511,649

    （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。
                                 47/270












                                                          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
                                  （2021年１月15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)
    市場取引以外の取引          為替予約取引
               　売建
               　　アメリカドル           59,496,544            －    59,269,800          226,744
             合計              59,496,544            －    59,269,800          226,744

     (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。
                                 48/270












                                                          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)  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
         日本円       ブラックロック・スタイル・アドバンテー                         712,562     5,356,827,589
    投資証券
                 ジ・ファンド       クラスI投資証券
         日本円小計                                712,562     5,356,827,589
                 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
         アメリカドル                               5,382.580       571,048.670
                 レジャリー・ファンド　エージェンシークラ
                 ス投資証券
                                                571,048.670
         アメリカドル小計                               5,382.580
                                               (59,297,693)
                                               5,416,125,282
    投資証券　合計
                                               (59,297,693)
                                               5,416,125,282
    合計
                                               (59,297,693)
     (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　１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。
                                 49/270









                                                          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、「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・スタイル・アドバンテージ・ファン

    ド  クラスI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・スタイル・アドバンテージ・ファンド                          クラスI

    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、2020年５月31日に終了する計算期間(2019年６月１日から2020年５月
    31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「ブラックロック・ストラテジック・ファンズ」の2020年５月31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。
    （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、2020年３月31日に終了する中間計算期間(2019
    年10月１日から2020年３月31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「インスティテューショナル・キャッシュ・シリーズplc」の2020年３月31

    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、アイルランドにおける独立監査人の監査を受けておりません。
                                 50/270










                                                          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）
    純資産計算書　2020年５月31日現在
                                               ブラックロック・スタイ
                                                ル・アドバンテージ・
                                                   ファンド
                                     注記
                                                   米ドル
    資産
    投資有価証券－取得原価                                                1,637,024,758
                                                      1,102,305
    未実現評価益
    投資有価証券－時価                                 ２(a)
                                                    1,638,127,063
    銀行預金                                 ２(a)                338,233,216
    ブローカーに対する債権                                  15               312,297,224
    未収利息および未収配当金                               ２(a)、２(d)                   8,233,121
    売却投資有価証券未収金                               ２(a)、２(d)                  291,182,427
    販売投資証券未収金                                 ２(a)                  87,842
    以下に係る未実現純評価益：
    　未決済先渡為替予約                                 ２(d)                27,927,959
    　差金決済契約                                 ２(d)                 4,568,937
                                                        8,381
    その他の資産
    資産合計                                                2,620,666,170
    負債
    未払利息および未払配当金                               ２(a)、２(d)                   3,791,749
    購入投資有価証券未払金                               ２(a)、２(d)                  403,324,819
    買戻し投資証券未払金                                 ２(a)                31,066,510
    以下に係る未実現純評価損：
    　先物取引                                 ２(d)                25,367,889
    スワップの時価                                 ２(d)                 4,793,293
                                                      2,155,906
    未払費用およびその他の負債                            ２(a)、４、５、６、７、８
    負債合計                                                 470,500,166
    純資産合計                                                2,150,166,004
    添付の注記は、これらの財務書類の不可分の一部である。

                                 51/270







                                                          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会計年度末における純資産価額の概要　2020年５月31日現在
                              ブラックロック・スタイル・アドバンテージ・ファンド
                                     2020年        2019年        2018年
                              通貨
                                    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      2,150,166,004        3,245,426,903        3,328,390,128
    以下の１口当たり純資産価額：
     クラスＡ分配型投資証券                        米ドル          86.16        106.29        108.61
     クラスＡユーロ・ヘッジ分配型投資証券                        ユーロ          78.78        99.40        104.64
     クラスＡ無分配投資証券                        米ドル          84.79        104.62        106.88
     クラスＡユーロ・ヘッジ無分配投資証券                        ユーロ          69.57        87.87        92.47
     クラスＡスウェーデン・クローネ・ヘッジ                      スウェーデン・
                                       71.25        89.53        94.21
     無分配投資証券                        クローネ
     クラスＤスイス・フラン・ヘッジ                        スイス・
                                       71.55        89.83        94.16
     無分配投資証券                        フラン
     クラスＤ無分配投資証券（ユーロ）                        ユーロ          87.23        106.55        103.48
     クラスＤ無分配英国報告型投資証券                        米ドル          87.73        107.43        108.95
     クラスＤユーロ・ヘッジ
                             ユーロ          79.82        100.01        104.46
     無分配英国報告型投資証券
     クラスＤ英ポンド・ヘッジ
                             英ポンド           76.20        94.37        97.66
     無分配英国報告型投資証券
     クラスＥ無分配投資証券（ユーロ）                        ユーロ          83.25        102.91        101.13
     クラスＥユーロ・ヘッジ無分配投資証券                        ユーロ          76.34        96.82        102.41
     クラスＩスイス・フラン・ヘッジPF                        スイス・
                                       73.69        92.11        96.06
     無分配投資証券                        フラン
     クラスＩユーロ・ヘッジPF無分配投資証券                        ユーロ          81.13        101.38        105.47
     クラスＩブラジル・レアル・ヘッジ
                             米ドル          50.61        83.34        86.97
     無分配投資証券
     クラスＩスイス・フラン・ヘッジ                        スイス・
                                       71.90        90.29        94.43
     無分配投資証券                        フラン
     クラスＩ無分配英国報告型投資証券                        米ドル          77.97        95.35        96.53
     クラスＩユーロ・ヘッジ
                             ユーロ          80.42        100.61        104.90
     無分配英国報告型投資証券
     クラスＩ英ポンド・ヘッジ
                             英ポンド           76.24        94.73        97.80
     無分配英国報告型投資証券
     クラスＩ日本円ヘッジ
                             日本円         8,162.20        10,175.36        10,592.54
     無分配英国報告型投資証券
     クラスＸ無分配投資証券                        米ドル          91.12        110.60        111.12
                       (1)
                             豪ドル          91.81        111.75        112.90
     クラスＸ豪ドル・ヘッジ無分配投資証券
     クラスＸユーロ・ヘッジ無分配投資証券                        ユーロ          75.30        93.42        96.68
     クラスＸニュージーランド・ドル・ヘッジ                      ニュージーラン
                                       91.00        110.98        112.02
     無分配投資証券                        ド・ドル
     クラスＸ英ポンド・ヘッジ
                             英ポンド           86.47        106.63        109.28
     無分配英国報告型投資証券
     クラスＺ無分配投資証券                        米ドル          88.28        107.92        109.28
     クラスＺユーロ・ヘッジ無分配投資証券                        ユーロ          80.39        100.55        104.87
     (1)

     　終値で評価された１口当たり純資産価額、詳細については注記２(a)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。
                                 52/270




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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　2020年５月31日に終了した会計年度
                                            ブラックロック・スタイル・
                                             アドバンテージ・ファンド
                                    注記
                                                  米ドル
    期首純資産
                                                    3,245,426,903
    収益
    預金利息                                 ２(c)                 3,208,302
    債券利息                                 ２(c)                 53,882,011
    スワップに係る受取利息および受取配当金                                 ２(c)                 4,855,603
                                                     140,172,071
    差金決済契約に係る受取配当金、源泉徴収税控除後                               ２(c)、２(d)
    収益合計                                                 202,117,987
    費用
    差金決済契約に係る支払利息                               ２(c)、２(d)                   48,313,263
    差金決済契約に係る支払配当金、源泉徴収税控除後                               ２(c)、２(d)                  112,474,667
    管理事務代行報酬                                 ５                 1,804,809
    預託報酬                                ２(i)、６                  1,560,953
    税金                                 ８                  357,201
    販売報酬                                 ４                   5,500
    ローン・コミットメント・フィー                                 14                  56,400
                                                      9,517,468
    投資運用報酬および投資運用再委託報酬                                 ４
    払戻前費用合計                                                 174,090,261
    費用の払戻し                                 ４                  79,542
    払戻後費用合計                                                 174,010,719
    投資純利益
                                                     28,107,268
    以下に係る実現純利益／（損失）：
    　投資有価証券                               ２(a)、２(b)                   2,518,505
    　差金決済契約                                 ２(d)                (674,968,247)
    　先物取引                                 ２(d)                (27,900,955)
    　外貨および先渡為替予約                             ２(d)、２(e)、２(j)                    (66,229,889)
                                                     45,314,071
    　スワップ取引                                 ２(d)
    当期実現純損失                                                (721,266,515)
    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)                   21,921
    　差金決済契約                                 ２(d)                 39,393,334
    　先物取引                                 ２(d)                (31,272,479)
    　外貨および先渡為替予約                             ２(d)、２(e)、２(j)                     1,281,921
                                                      1,593,460
    　スワップ取引                                 ２(d)
    当期未実現評価益／（損）の純変動                                                 11,018,157
    運用成績による純資産の減少                                                (682,141,090)
    資本の変動
    投資証券発行による正味受取額                                                 573,405,808
                                                    (986,525,617)
    投資証券買戻しによる正味支払額                                 ２(g)
    資本の変動による純資産の減少                                                (413,119,809)
    期末純資産                                                2,150,166,004
    添付の注記は、これらの財務書類の不可分の一部である。

                                 53/270




                                                          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）
    発行済投資証券口数変動表　2020年５月31日に終了した会計年度
                              ブラックロック・スタイル・アドバンテージ・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分配型投資証券
                               1,585          74       1,507         152
     クラスＡユーロ・ヘッジ分配型投資証券                          2,014         160        317       1,857
     クラスＡ無分配投資証券                          13,673          179       5,215        8,637
     クラスＡユーロ・ヘッジ無分配投資証                          64,678          －      64,549          129
     クラスＡスウェーデン・クローネ・ヘッジ
                                440         －        －        440
     無分配投資証券
     クラスＤスイス・フラン・ヘッジ
                               5,369          －        －       5,369
     無分配投資証券
     クラスＤ無分配投資証券（ユーロ）                          1,106          －       1,060          46
     クラスＤ無分配英国報告型投資証券                         139,627         55,986        141,343         54,270
     クラスＤユーロ・ヘッジ
                             1,750,961         249,187        970,714       1,029,434
     無分配英国報告型投資証券
     クラスＤ英ポンド・ヘッジ
                               12,888         3,483        12,653         3,718
     無分配英国報告型投資証券
     クラスＥ無分配投資証券（ユーロ）                          1,307        7,348        1,754        6,901
     クラスＥユーロ・ヘッジ無分配投資証券                          9,435         103       6,373        3,165
     クラスＩスイス・フラン・ヘッジPF
                              288,992           －      12,454        276,538
     無分配投資証券
     クラスＩユーロ・ヘッジPF無分配投資証券                          19,122        774,823        778,816         15,129
     クラスＩブラジル・レアル・ヘッジ
                              179,141         7,522       136,477         50,186
     無分配投資証券
     クラスＩスイス・フラン・ヘッジ
                              257,389         29,826        287,167           48
     無分配投資証券
     クラスＩ無分配英国報告型投資証券                         786,275        286,308        219,470        853,113
     クラスＩユーロ・ヘッジ
                             3,890,337         150,167       1,936,142        2,104,362
     無分配英国報告型投資証券
     クラスＩ英ポンド・ヘッジ
                             1,716,312         225,584        264,277       1,677,619
     無分配英国報告型投資証券
     クラスＩ日本円ヘッジ
                             5,634,109          45,898       3,817,481        1,862,526
     無分配英国報告型投資証券
     クラスＸ無分配投資証券                         231,662        751,680        412,156        571,186
     クラスＸ豪ドル・ヘッジ無分配投資証券                        15,934,322         3,358,991        2,151,434        17,141,879
     クラスＸユーロ・ヘッジ無分配投資証券                            42      81,126        81,126          42
     クラスＸニュージーランド・ドル・ヘッジ
                              952,003           －      110,217        841,786
     無分配投資証券
     クラスＸ英ポンド・ヘッジ
                             2,800,648         240,893         2,951      3,038,590
     無分配英国報告型投資証券
     クラスＺ無分配投資証券                            50        －        －        50
     クラスＺユーロ・ヘッジ無分配投資証券                          79,409          －        －      79,409
    添付の注記は、これらの財務書類の不可分の一部である。

                                 54/270





                                                          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）
    ブラックロック・スタイル・アドバンテージ・ファンド
    投資有価証券明細表　2020年５月31日現在

    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）        （％）
    債券
             ドイツ
     USD  30,000,000      Kreditanstalt       fuer   Wiederaufbau       1.875%    30/6/2020
                                               30,032,797         1.40
     USD  25,000,000      Kreditanstalt       fuer   Wiederaufbau       2.75%   15/7/2020
                                               25,068,718         1.16
     USD  87,000,000      Kreditanstalt       fuer   Wiederaufbau       2.75%   1/10/2020              87,713,601         4.08
                                              142,815,116          6.64
             国際機関
     USD  40,000,000      African    Development      Bank   2.625%    22/3/2021
                                               40,705,099         1.89
             European     Bank   for  Reconstruction        & Development      1.125%
     USD  45,000,000
                                               45,069,598         2.10
             24/8/2020
             European     Bank   for  Reconstruction        & Development      2.00%
     USD  32,000,000
                                               32,350,257         1.50
             1/2/2021
             European     Bank   for  Reconstruction        & Development      2.75%
     USD  42,000,000
                                               42,817,498         1.99
             26/4/2021
     USD  50,000,000      European     Investment      Bank   1.375%    15/6/2020
                                               50,015,300         2.33
     USD  52,879,000      European     Investment      Bank   1.625%    14/8/2020
                                               52,994,019         2.47
     USD  30,000,000      European     Investment      Bank   2.875%    15/9/2020
                                               30,202,122         1.41
     USD  20,000,000      European     Investment      Bank   2.00%   15/3/2021
                                               20,254,410         0.94
     USD  30,000,000      European     Investment      Bank   2.50%   15/4/2021
                                               30,545,397         1.42
     USD  65,530,000      Inter-American        Development      Bank   1.875%    16/6/2020
                                               65,562,213         3.05
     USD  20,000,000      Inter-American        Development      Bank   2.625%    19/4/2021
                                               20,408,081         0.95
             International       Bank   for  Reconstruction        & Development      1.125%
     USD  24,000,000
                                               24,035,251         1.12
             10/8/2020
             International       Bank   for  Reconstruction        & Development      1.625%
     USD  80,000,000
                                               80,263,408         3.73
             4/9/2020
             International       Bank   for  Reconstruction        & Development      2.125%
     USD  16,000,000
                                               16,101,329         0.75
             1/11/2020
             International       Bank   for  Reconstruction        & Development      1.625%
     USD  11,478,000
                                               11,604,956         0.54
             9/3/2021
     USD  30,000,000      International       Finance    Corp   2.25%   25/1/2021                 30,349,862         1.41
                                              593,278,800         27.60
             米国
     USD  50,000,000      United    States    Treasury     Bill   18/6/2020     (Zero   Coupon)
                                               49,960,380         2.32
     USD  138,000,000       United    States    Treasury     Bill   16/7/2020     (Zero   Coupon)
                                              137,670,943          6.40
     USD  155,000,000       United    States    Treasury     Bill   10/9/2020     (Zero   Coupon)
                                              154,604,795          7.19
     USD  157,000,000       United    States    Treasury     Bill   5/11/2020     (Zero   Coupon)
                                              155,958,784          7.25
     USD  150,000,000       United    States    Treasury     Bill   28/1/2021     (Zero   Coupon)
                                              149,136,253          6.94
     USD  140,000,000       United    States    Treasury     Bill   25/3/2021     (Zero   Coupon)
                                              139,860,882          6.51
     USD  115,000,000       United    States    Treasury     Bill   22/4/2021     (Zero   Coupon)           114,841,110          5.34
                                              902,033,147         41.95
    債券合計                                         1,638,127,063          76.19
    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
                                             1,638,127,063          76.19
    譲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
                                             1,638,127,063          76.19
                                              512,038,941         23.81
    その他の純資産
    純資産合計（米ドル）                                         2,150,166,004          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。

                                 55/270



                                                          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　2020年５月31日現在
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          オーストラリア
          Adbri   Ltd                      Bank   of  America    Merrill    Lynch
     (597,919)                                                 (126,988)
          Adbri   Ltd                      Barclays     Bank
     (420,570)                                                 (78,157)
          Adbri   Ltd                      Credit    Suisse
     (493,042)                                                 (45,812)
          Adbri   Ltd                      Goldam    Sachs
      (79,780)                                                 (16,944)
          Adbri   Ltd
     (558,092)                               HSBC                   (51,857)
          Adbri   Ltd                      JP  Morgan
     (194,748)                                                 (18,096)
          Afterpay     Ltd                     Barclays     Bank
      (80,658)                                                (155,245)
          Afterpay     Ltd                     Goldam    Sachs
     (101,405)                                                 (417,948)
          AGL  Energy    Ltd                    Bank   of  America    Merrill    Lynch
      61,667                                                 7,776
          AGL  Energy    Ltd                    Barclays     Bank
      76,082                                                 20,198
          AGL  Energy    Ltd                    Credit    Suisse
      15,241                                                 2,731
          AGL  Energy    Ltd                    Goldam    Sachs
      136,679                                                 17,236
          AGL  Energy    Ltd
      85,196                              HSBC                   15,267
          ALS  Ltd                       Bank   of  America    Merrill    Lynch
      156,970                                                 90,637
          ALS  Ltd                       Credit    Suisse
      71,290                                                 35,486
          ALS  Ltd                       Goldam    Sachs
      72,940                                                 42,117
          ALS  Ltd
      32,960                              HSBC                   19,766
          ALS  Ltd                       JP  Morgan
      53,100                                                 26,432
          Altium    Ltd                      Barclays     Bank
      (56,660)                                                 (48,511)
          Altium    Ltd                      Goldam    Sachs
      (11,580)                                                 (16,985)
          Alumina    Ltd                     Goldam    Sachs
     (383,359)                                                 (15,266)
          AMP  Ltd                       Bank   of  America    Merrill    Lynch
      (75,550)                                                 (9,276)
          AMP  Ltd                       Goldam    Sachs
     (322,890)                                                 (39,646)
          AMP  Ltd
    (2,881,822)                                HSBC                  (420,786)
          Ampol   Ltd                      Bank   of  America    Merrill    Lynch
      48,210                                                 61,434
          Ampol   Ltd
      29,930                              Citibank                   75,492
          Ampol   Ltd                      Credit    Suisse
      10,560                                                 18,152
          Ampol   Ltd                      Goldam    Sachs
      62,890                                                 80,141
          Ampol   Ltd                      JP  Morgan
      22,120                                                 38,024
          Ansell    Ltd                      Bank   of  America    Merrill    Lynch
       2,358                                                 4,022
          Ansell    Ltd                      Barclays     Bank
      26,930                                                 17,695
          Ansell    Ltd                      Goldam    Sachs
      278,250                                                 474,613
          APA  Group   (Unit)                    Barclays     Bank
      (40,700)                                                 (10,535)
          APA  Group   (Unit)                    Goldam    Sachs
      (99,720)                                                 (13,899)
          APA  Group   (Unit)
      (15,280)                              HSBC                   (2,847)
          APA  Group   (Unit)                    JP  Morgan
      (15,380)                                                 (4,422)
          Aristocrat      Leisure    Ltd                Barclays     Bank
      83,681                                                 11,108
          Aristocrat      Leisure    Ltd                Goldam    Sachs
      42,930                                                 14,246
          ASX  Ltd                       Bank   of  America    Merrill    Lynch
      57,119                                                219,877
          ASX  Ltd                       Barclays     Bank
      22,460                                                 60,670
          ASX  Ltd                       Credit    Suisse
       1,665                                                 6,498
          ASX  Ltd                       Goldam    Sachs
      40,305                                                155,152
          Atlas   Arteria    Ltd  (Unit)                Bank   of  America    Merrill    Lynch
      185,841                                                 86,340
          Atlas   Arteria    Ltd  (Unit)                Goldam    Sachs
      573,850                                                 266,605
                                 56/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          オーストラリア（続き）
          Aurizon    Holdings     Ltd                 Bank   of  America    Merrill    Lynch
      40,136                                                 5,061
          Aurizon    Holdings     Ltd                 Barclays     Bank
      951,454                                                 119,981
          Aurizon    Holdings     Ltd                 Credit    Suisse
      773,463                                                 133,470
          Aurizon    Holdings     Ltd                 Goldam    Sachs
      959,574                                                 121,005
          Aurizon    Holdings     Ltd
      11,614                              HSBC                    2,004
          Aurizon    Holdings     Ltd                 JP  Morgan
      683,901                                                 118,015
          Australia     & New  Zealand    Banking    Group   Ltd      Bank   of  America    Merrill    Lynch
      120,630                                                 196,152
          Australia     & New  Zealand    Banking    Group   Ltd      Barclays     Bank
      89,700                                                158,360
          Australia     & New  Zealand    Banking    Group   Ltd      Goldam    Sachs
      65,850                                                107,076
          Australia     & New  Zealand    Banking    Group   Ltd
      21,370                              HSBC                   34,968
          Bank   of  Queensland      Ltd                Bank   of  America    Merrill    Lynch
    (1,054,697)                                                  (406,001)
          Bank   of  Queensland      Ltd                Goldam    Sachs
      (3,970)                                                 (1,528)
          Beach   Energy    Ltd                   Goldam    Sachs
      350,158                                                 42,994
          Bendigo    & Adelaide     Bank   Ltd             Bank   of  America    Merrill    Lynch
     (170,520)                                                 (50,928)
          Bendigo    & Adelaide     Bank   Ltd             Barclays     Bank
      (81,200)                                                 (31,258)
          Bendigo    & Adelaide     Bank   Ltd             Goldam    Sachs
     (600,175)                                                 (179,251)
          Bendigo    & Adelaide     Bank   Ltd             JP  Morgan
     (123,190)                                                 (21,258)
          BHP  Group   Ltd                    Bank   of  America    Merrill    Lynch
      37,496                                                 73,912
          BHP  Group   Ltd                    Credit    Suisse
      10,924                                                 23,491
          BHP  Group   Ltd                    Goldam    Sachs
      80,710                                                159,095
          BlueScope     Steel   Ltd                 Barclays     Bank
     (104,490)                                                 (49,932)
          BlueScope     Steel   Ltd                 Goldam    Sachs
      (43,160)                                                 (27,499)
          Boral   Ltd                      Bank   of  America    Merrill    Lynch
     (153,090)                                                 (60,963)
          Boral   Ltd                      Barclays     Bank
      (42,178)                                                 (15,117)
          Boral   Ltd                      Credit    Suisse
     (109,694)                                                 (26,209)
          Boral   Ltd                      Goldam    Sachs
      (83,580)                                                 (33,283)
          Brambles     Ltd                     Barclays     Bank
      (48,360)                                                 (18,937)
          Brambles     Ltd                     Goldam    Sachs
      (35,210)                                                 (13,320)
          Challenger      Ltd                    Barclays     Bank
     (200,200)                                                 (51,820)
          Challenger      Ltd                    Credit    Suisse
     (250,930)                                                 (41,636)
          Challenger      Ltd                    Goldam    Sachs
     (345,306)                                                 (176,468)
          Challenger      Ltd
     (179,130)                               HSBC                   (88,689)
          Challenger      Ltd                    JP  Morgan
      (15,745)                                                 (2,612)
          CIMIC   Group   Ltd                   Barclays     Bank
      61,190                                                 45,485
          CIMIC   Group   Ltd                   Goldam    Sachs
      219,053                                                 296,586
          CIMIC   Group   Ltd
      12,003                              HSBC                   15,216
          Cleanaway     Waste   Management      Ltd            Bank   of  America    Merrill    Lynch
    (1,315,921)                                                  (96,071)
          Cleanaway     Waste   Management      Ltd            Credit    Suisse
      (6,248)                                                  (290)
          Cleanaway     Waste   Management      Ltd            Goldam    Sachs
    (1,350,473)                                                  (98,594)
          Coca-Cola     Amatil    Ltd                 Bank   of  America    Merrill    Lynch
      63,300                                                 7,142
          Coca-Cola     Amatil    Ltd                 Barclays     Bank
      453,040                                                 72,164
          Coca-Cola     Amatil    Ltd                 Credit    Suisse
      35,760                                                 2,373
          Coca-Cola     Amatil    Ltd                 Goldam    Sachs
      813,740                                                 91,813
          Coca-Cola     Amatil    Ltd
      179,710                              HSBC                   11,927
          Cochlear     Ltd                     Barclays     Bank
       9,820                                                45,427
                                 57/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          オーストラリア（続き）
          Cochlear     Ltd
       2,170                             Citibank                   10,038
          Cochlear     Ltd                     Goldam    Sachs
       1,920                                                 6,206
          Cochlear     Ltd                     JP  Morgan
       1,360                                                10,245
          Coles   Group   Ltd                   Barclays     Bank
      (41,600)                                                 (8,559)
          Commonwealth       Bank   of  Australia               Bank   of  America    Merrill    Lynch
       7,710                                                21,236
          Commonwealth       Bank   of  Australia               Barclays     Bank
      19,140                                                 64,151
          Commonwealth       Bank   of  Australia               Goldam    Sachs
      16,920                                                 46,604
          Commonwealth       Bank   of  Australia               JP  Morgan
       1,220                                                 3,360
          Computershare       Ltd                  Goldam    Sachs
      185,330                                                 183,275
          Crown   Resorts    Ltd                  Bank   of  America    Merrill    Lynch
      (91,090)                                                 (32,646)
          Crown   Resorts    Ltd                  Barclays     Bank
     (157,500)                                                 (30,314)
          Crown   Resorts    Ltd                  Goldam    Sachs
      (62,470)                                                 (22,389)
          Crown   Resorts    Ltd                  JP  Morgan
     (115,230)                                                 (19,120)
          CSL  Ltd                       Credit    Suisse
       8,469                                               (140,297)
          CSL  Ltd                       Goldam    Sachs
       7,300                                               (124,129)
          CSR  Ltd                       Bank   of  America    Merrill    Lynch
      202,269                                                 69,808
          CSR  Ltd                       Barclays     Bank
      353,384                                                 91,471
          CSR  Ltd                       Goldam    Sachs
      754,675                                                 260,456
          Domain    Holdings     Australia     Ltd            Bank   of  America    Merrill    Lynch
     (477,789)                                                 (104,646)
          Domain    Holdings     Australia     Ltd            Barclays     Bank
     (327,811)                                                  2,176
          Domain    Holdings     Australia     Ltd            Goldam    Sachs
     (192,651)                                                 (42,195)
          Domain    Holdings     Australia     Ltd            JP  Morgan
      (60,274)                                                 (4,000)
          Domino’s     Pizza   Enterprises      Ltd
      (19,402)                              HSBC                   (69,279)
          Downer    EDI  Ltd                    Bank   of  America    Merrill    Lynch
     (210,450)                                                 (76,822)
          Downer    EDI  Ltd                    Barclays     Bank
     (248,290)                                                 (54,381)
          Downer    EDI  Ltd                    Goldam    Sachs
    (1,569,940)                                                  (573,083)
          Downer    EDI  Ltd
     (234,719)                               HSBC                   (70,102)
          Evolution     Mining    Ltd                 Bank   of  America    Merrill    Lynch
      43,160                                                 10,599
          Evolution     Mining    Ltd                 Barclays     Bank
      216,170                                                 30,129
          Evolution     Mining    Ltd                 Goldam    Sachs
      129,570                                                 31,818
          Flight    Centre    Travel    Group   Ltd            Credit    Suisse
     (307,326)                                                 (485,090)
          Fortescue     Metals    Group   Ltd              Barclays     Bank
      (91,236)                                                 (19,377)
          Harvey    Norman    Holdings     Ltd              Bank   of  America    Merrill    Lynch
    (1,902,004)                                                  (542,815)
          IDP  Education     Ltd                  Barclays     Bank
      14,450                                                 8,823
          IDP  Education     Ltd                  Goldam    Sachs
      19,040                                                 34,499
          IDP  Education     Ltd                  JP  Morgan
       9,930                                                10,611
          Iluka   Resources     Ltdπ                 Bank   of  America    Merrill    Lynch
        (1)                                                 －
          Iluka   Resources     Ltd                 Barclays     Bank
      374,454                                                 27,338
          Iluka   Resources     Ltd                 Credit    Suisse
      76,663                                                 42,304
          Iluka   Resources     Ltd                 Goldam    Sachs
      139,401                                                 53,662
          Iluka   Resources     Ltd
      48,774                              HSBC                   20,526
          Incitec    Pivot   Ltd                  Bank   of  America    Merrill    Lynch
     (284,884)                                                  (5,672)
          Incitec    Pivot   Ltd                  Barclays     Bank
     (473,510)                                                 (34,570)
          Incitec    Pivot   Ltd                  Credit    Suisse
     (256,010)                                                  (4,587)
          Incitec    Pivot   Ltd                  Goldam    Sachs
     (636,463)                                                 (12,673)
                                 58/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          オーストラリア（続き）
          Insurance     Australia     Group   Ltd            Barclays     Bank
     (885,734)                                                 (340,960)
          IOOF   Holdings     Ltd                  Bank   of  America    Merrill    Lynch
     (293,692)                                                 (157,888)
          IOOF   Holdings     Ltd                  Barclays     Bank
     (205,841)                                                 (69,674)
          IOOF   Holdings     Ltd
     (319,551)                               HSBC                   (86,955)
          James   Hardie    Industries      Plc  - CDI          Barclays     Bank
       1,110                                                 1,768
          James   Hardie    Industries      Plc  - CDI          Goldam    Sachs
      62,080                                                181,703
          JB  Hi-Fi   Ltd                     Credit    Suisse
      (15,720)                                                 (19,239)
          Lendlease     Group   (Unit)                 Goldam    Sachs
     (319,499)                                                 (379,572)
          Macquarie     Group   Ltd                 Barclays     Bank
      61,520                                                300,107
          Macquarie     Group   Ltd                 Goldam    Sachs
      12,150                                                 39,433
          Macquarie     Group   Ltd
      11,890                              HSBC                   37,721
          Magellan     Financial     Group   Ltd             Bank   of  America    Merrill    Lynch
      (17,104)                                                 (45,748)
          Magellan     Financial     Group   Ltd             Barclays     Bank
      (69,470)                                                (110,657)
          Magellan     Financial     Group   Ltd             Goldam    Sachs
      (22,273)                                                 (59,574)
          Medibank     Pvt  Ltd                   Bank   of  America    Merrill    Lynch
     (648,346)                                                  4,303
          Medibank     Pvt  Ltd                   Barclays     Bank
     (584,200)                                                 (23,264)
          Medibank     Pvt  Ltd                   Goldam    Sachs
     (936,790)                                                  6,217
          Metcash    Ltd                     Barclays     Bank
    (1,160,655)                                                  (146,362)
          Metcash    Ltd                     Goldam    Sachs
    (2,567,547)                                                  (477,143)
          National     Australia     Bank   Ltd             Bank   of  America    Merrill    Lynch
      (85,420)                                                (133,229)
          National     Australia     Bank   Ltd             Barclays     Bank
     (250,832)                                                 (411,199)
          National     Australia     Bank   Ltd
      (43,950)                              Citibank                   (72,049)
          Newcrest     Mining    Ltd                 Bank   of  America    Merrill    Lynch
      13,080                                                 3,038
          Newcrest     Mining    Ltd                 Goldam    Sachs
      183,110                                                 42,536
          Newcrest     Mining    Ltd
       6,210                             HSBC                    6,689
          Northern     Star   Resources     Ltd             Bank   of  America    Merrill    Lynch
      29,080                                                 14,668
          Northern     Star   Resources     Ltd             Barclays     Bank
      29,510                                                 6,463
          Northern     Star   Resources     Ltd
      16,240                              Citibank                    3,557
          Northern     Star   Resources     Ltd             Credit    Suisse
      18,840                                                 21,861
          Nufarm    Ltd                      Bank   of  America    Merrill    Lynch
    (1,467,348)                                                  (301,902)
          Oil  Search    Ltd                    Barclays     Bank
      109,540                                                 18,902
          Oil  Search    Ltd                    Credit    Suisse
      255,660                                                 103,506
          Oil  Search    Ltd                    Goldam    Sachs
      208,840                                                 88,709
          Orica   Ltd                      Bank   of  America    Merrill    Lynch
      127,425                                                 82,881
          Orica   Ltd                      Barclays     Bank
      17,640                                                 3,981
          Orica   Ltd
      138,800                              Citibank                   31,321
          Orica   Ltd                      Credit    Suisse
      104,282                                                 65,238
          Orica   Ltd                      Goldam    Sachs
      342,646                                                 222,866
          Orica   Ltd                      JP  Morgan
      18,230                                                 20,196
          Orora   Ltd                      Goldam    Sachs
      842,184                                                 44,717
          OZ  Minerals     Ltd                   Bank   of  America    Merrill    Lynch
      348,140                                                 175,606
          OZ  Minerals     Ltd                   Barclays     Bank
      27,770                                                  (369)
          OZ  Minerals     Ltd
      68,560                              Citibank                    (910)
          OZ  Minerals     Ltd                   Goldam    Sachs
      184,500                                                 93,064
          OZ  Minerals     Ltd
      37,360                              HSBC                   18,018
                                 59/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          オーストラリア（続き）
          OZ  Minerals     Ltd                   JP  Morgan
      36,500                                                 17,684
          Perpetual     Ltd                    Bank   of  America    Merrill    Lynch
      (24,543)                                                 (36,976)
          Perpetual     Ltd                    Credit    Suisse
      (29,584)                                                 (21,795)
          Perpetual     Ltd                    Goldam    Sachs
      (40,068)                                                 (60,366)
          Perpetual     Ltd
      (20,221)                              HSBC                   (14,897)
          Platinum     Asset   Management      Ltd            Bank   of  America    Merrill    Lynch
      (82,402)                                                 (19,142)
          Platinum     Asset   Management      Ltd            Barclays     Bank
     (499,197)                                                 (59,637)
          Platinum     Asset   Management      Ltd            Credit    Suisse
     (264,515)                                                 (66,712)
          Platinum     Asset   Management      Ltd            JP  Morgan
      (82,510)                                                 (20,810)
          Qantas    Airways    Ltd
      (89,060)                              Citibank                   (23,053)
          Qantas    Airways    Ltd                  JP  Morgan
      (49,000)                                                 (15,288)
          QBE  Insurance     Group   Ltd               Bank   of  America    Merrill    Lynch
      106,120                                                 85,223
          QBE  Insurance     Group   Ltd               Barclays     Bank
      148,440                                                 109,357
          QBE  Insurance     Group   Ltd
      52,040                              Citibank                   38,338
          QBE  Insurance     Group   Ltd               Credit    Suisse
      108,350                                                 91,328
          QBE  Insurance     Group   Ltd               Goldam    Sachs
      100,710                                                 80,878
          QBE  Insurance     Group   Ltd
      302,340                              HSBC                   259,880
          Qube   Holdings     Ltd                  Bank   of  America    Merrill    Lynch
     (832,930)                                                 (121,619)
          Qube   Holdings     Ltd                  Barclays     Bank
     (429,230)                                                 (11,395)
          Qube   Holdings     Ltd                  Credit    Suisse
     (128,190)                                                 (19,798)
          Ramsay    Health    Care   Ltd                Bank   of  America    Merrill    Lynch
      (3,700)                                                (14,538)
          Ramsay    Health    Care   Ltd                Barclays     Bank
      (55,610)                                                (123,643)
          REA  Group   Ltd                    Bank   of  America    Merrill    Lynch
       8,430                                                56,453
          REA  Group   Ltd                    Barclays     Bank
      32,900                                                 69,001
          REA  Group   Ltd                    Goldam    Sachs
      25,860                                                173,178
          Rio  Tinto   Ltd                    Bank   of  America    Merrill    Lynch
      45,630                                                243,488
          Rio  Tinto   Ltd                    Barclays     Bank
      36,677                                                 50,389
          Rio  Tinto   Ltd                    Goldam    Sachs
       4,330                                                23,106
          Santos    Ltd                      Bank   of  America    Merrill    Lynch
      42,520                                                 21,448
          Santos    Ltd                      Barclays     Bank
      212,540                                                 39,498
          Santos    Ltd                      Goldam    Sachs
      870,320                                                 439,000
          Santos    Ltd
      71,890                              HSBC                   25,400
          Santos    Ltd                      JP  Morgan
      85,580                                                 28,968
          SEEK   Ltd                       Barclays     Bank
      12,050                                                 8,158
          SEEK   Ltd                       Goldam    Sachs
      13,290                                                 25,139
          SEEK   Ltd                       JP  Morgan
      22,400                                                 40,438
          Seven   Group   Holdings     Ltd               Bank   of  America    Merrill    Lynch
     (163,032)                                                 (253,198)
          Seven   Group   Holdings     Ltd               Credit    Suisse
      (13,440)                                                 (19,000)
          Seven   Group   Holdings     Ltd               Goldam    Sachs
     (311,608)                                                 (483,945)
          Seven   Group   Holdings     Ltd
     (192,249)                               HSBC                  (271,779)
          Seven   Group   Holdings     Ltd               JP  Morgan
      (16,645)                                                 (23,531)
          Sims   Ltd                       Bank   of  America    Merrill    Lynch
      (32,216)                                                 (28,652)
          Sims   Ltd                       Goldam    Sachs
     (222,297)                                                 (197,702)
          Sonic   Healthcare      Ltd                 Credit    Suisse
      (33,780)                                                 (50,893)
          Sonic   Healthcare      Ltd                 Goldam    Sachs
      (25,780)                                                 (17,966)
                                 60/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          オーストラリア（続き）
          Sonic   Healthcare      Ltd
      (19,900)                              HSBC                   (29,981)
          South32    Ltd                     Bank   of  America    Merrill    Lynch
      127,710                                                  3,814
          South32    Ltd                     Credit    Suisse
      160,518                                                  6,392
          South32    Ltd                     Goldam    Sachs
     1,147,940                                                  34,285
          South32    Ltd
      219,010                              HSBC                    8,721
          Star   Entertainment       Grp  Ltd              Bank   of  America    Merrill    Lynch
     (111,240)                                                 (27,317)
          Star   Entertainment       Grp  Ltd              Goldam    Sachs
      (64,460)                                                 (15,829)
          Star   Entertainment       Grp  Ltd              JP  Morgan
      (73,480)                                                 (17,611)
          Suncorp    Group   Ltd                  Barclays     Bank
      25,120                                                 10,837
          Sydney    Airport    (Unit)                  Bank   of  America    Merrill    Lynch
      (99,500)                                                 (22,453)
          Sydney    Airport    (Unit)                  Barclays     Bank
     (127,830)                                                 (12,726)
          Sydney    Airport    (Unit)                  Credit    Suisse
     (259,580)                                                 (68,913)
          Sydney    Airport    (Unit)                  Goldam    Sachs
     (116,000)                                                 (26,176)
          Tabcorp    Holdings     Ltd                 Barclays     Bank
      (78,920)                                                 (1,048)
          Tabcorp    Holdings     Ltd                 Credit    Suisse
      (83,320)                                                 (4,424)
          Tabcorp    Holdings     Ltd                 Goldam    Sachs
      (54,010)                                                 (3,585)
          Tabcorp    Holdings     Ltd
     (322,148)                               HSBC                   (17,105)
          Telstra    Corp   Ltd                   Barclays     Bank
     (458,230)                                                 (54,743)
          Telstra    Corp   Ltd                   Goldam    Sachs
     (145,624)                                                  (6,766)
          TPG  Telecom    Ltd                   Barclays     Bank
      116,537                                                 54,142
          Transurban      Group   (Unit)                 Barclays     Bank
      77,530                                                 6,689
          Transurban      Group   (Unit)                 Goldam    Sachs
       6,610                                                 3,027
          Vocus   Group   Ltd                   Barclays     Bank
      163,740                                                 29,342
          Vocus   Group   Ltd
      71,000                              Citibank                   12,723
          Vocus   Group   Ltd                   Credit    Suisse
      59,160                                                 5,497
          Vocus   Group   Ltd
      71,450                              HSBC                    6,639
          Wesfarmers      Ltd                    Goldam    Sachs
      150,380                                                 246,524
          Westpac    Banking    Corp                 Barclays     Bank
      (50,449)                                                 (73,997)
          Westpac    Banking    Corp                 Goldam    Sachs
     (338,690)                                                 (440,586)
          WiseTech     Global    Ltd                 Bank   of  America    Merrill    Lynch
     (152,682)                                                 (126,669)
          WiseTech     Global    Ltd                 JP  Morgan
      (22,383)                                                 (7,131)
          Woodside     Petroleum     Ltd                Bank   of  America    Merrill    Lynch
      33,280                                                 31,144
          Woodside     Petroleum     Ltd                Barclays     Bank
      74,550                                                 25,729
          Woodside     Petroleum     Ltd                Goldam    Sachs
      82,138                                                 76,866
          Woodside     Petroleum     Ltd
       8,120                             HSBC                    6,904
          Woodside     Petroleum     Ltd                JP  Morgan
      46,990                                                 24,326
          Woolworths      Group   Ltd                 Bank   of  America    Merrill    Lynch
      (19,960)                                                 (2,385)
          Woolworths      Group   Ltd                 Barclays     Bank
      (7,680)                                                 (6,015)
          Woolworths      Group   Ltd                 Goldam    Sachs
      (8,120)                                                  (970)
          Worley    Ltd                      Barclays     Bank
     (234,700)                                                 101,251
          Worley    Ltd                      Credit    Suisse
      (12,770)                                                  1,356
          Worley    Ltd                      Goldam    Sachs
      (7,310)                                                 (2,426)
          Xero   Ltd                       Bank   of  America    Merrill    Lynch
       4,250                                                28,066
          Xero   Ltd                       Barclays     Bank
      19,310                                                 65,618
          Xero   Ltd
       2,110                             Citibank                    7,170
                                 61/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          オーストラリア（続き）
          Xero   Ltd                       Goldam    Sachs
      15,410                                                101,765
          Xero   Ltd                       JP  Morgan                  18,470
       9,370
                                                     (1,970,030)
          オーストリア
          ANDRITZ    AG                     Bank   of  America    Merrill    Lynch
      48,603                                                152,404
          ANDRITZ    AG                     Barclays     Bank
       8,261                                                20,393
          ANDRITZ    AG
       6,190                             Citibank                   15,280
          ANDRITZ    AG                     Credit    Suisse
       4,420                                                10,125
          ANDRITZ    AG                     Deutsche     Bank
      50,116                                                157,149
          ANDRITZ    AG                     Goldam    Sachs
      76,309                                                239,282
          ANDRITZ    AG
      20,890                              HSBC                   47,851
          ANDRITZ    AG                     JP  Morgan
       5,300                                                12,140
          Erste   Group   Bank   AG                 Bank   of  America    Merrill    Lynch
      24,620                                                 55,300
          Erste   Group   Bank   AG                 Goldam    Sachs
      60,748                                                136,448
          OMV  AG                       Bank   of  America    Merrill    Lynch
       3,329                                                (2,961)
          OMV  AG                       Barclays     Bank
      74,610                                                (31,526)
          OMV  AG
      54,970                              Citibank                   (23,227)
          OMV  AG                       Deutsche     Bank
      28,710                                                (25,539)
          OMV  AG                       Goldam    Sachs
      14,440                                                (12,845)
          Raiffeisen      Bank   International       AG          Bank   of  America    Merrill    Lynch
     (125,763)                                                 (68,523)
          Raiffeisen      Bank   International       AG          Barclays     Bank
      (54,630)                                                 (69,250)
          Raiffeisen      Bank   International       AG          Deutsche     Bank
      (37,503)                                                 (20,434)
          Raiffeisen      Bank   International       AG          Goldam    Sachs
      (77,603)                                                 (42,282)
          Raiffeisen      Bank   International       AG
      (15,287)                              HSBC                   (9,009)
          Vienna    Insurance     Group   AG  Wiener    Versicherung
                                    Deutsche     Bank
      (11,946)                                                 (11,424)
          Gruppe
          voestalpine      AG                   Barclays     Bank
      (29,390)                                                 (23,040)
          voestalpine      AG                   Goldam    Sachs
                                                       (2,185)
      (13,100)
                                                       504,127
          バルバドス
          Brookfield      Property     Partners     LP           JP  Morgan
                                                          1
         1
                                                          1
          ベルギー
          Ackermans     & van  Haaren    NV              Bank   of  America    Merrill    Lynch
       4,517                                                45,204
          Ackermans     & van  Haaren    NV              Barclays     Bank
       2,519                                                19,047
          Ackermans     & van  Haaren    NV
       3,298                             Citibank                   24,937
          Ackermans     & van  Haaren    NV              Credit    Suisse
       2,752                                                16,218
          Ackermans     & van  Haaren    NV              Deutsche     Bank
        900                                                9,007
          Ackermans     & van  Haaren    NV              Goldam    Sachs
       1,800                                                18,014
          Ackermans     & van  Haaren    NV
       4,919                             HSBC                   28,989
          Ackermans     & van  Haaren    NV              JP  Morgan
       1,780                                                10,490
          Anheuser-Busch        InBev   SA               Bank   of  America    Merrill    Lynch
      (80,970)                                                (452,874)
          Anheuser-Busch        InBev   SA               Barclays     Bank
      (3,300)                                                (16,696)
          Anheuser-Busch        InBev   SA
      (2,050)                              Citibank                   (10,372)
          Anheuser-Busch        InBev   SA               Deutsche     Bank
      (40,520)                                                (226,633)
                                 62/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          ベルギー（続き）
          Anheuser-Busch        InBev   SA               Goldam    Sachs
      (10,890)                                                 (60,909)
          Anheuser-Busch        InBev   SA
      (13,650)                              HSBC                   (31,343)
          Argenx    SE                      Goldam    Sachs
      (21,830)                                               (1,233,113)
          Argenx    SE
      (16,050)                              HSBC                 (1,013,698)
          Colruyt    SA                     Deutsche     Bank
      54,753                                                (155,859)
          Groupe    Bruxelles     Lambert    SA             Bank   of  America    Merrill    Lynch
       5,351                                                33,439
          Groupe    Bruxelles     Lambert    SA             Barclays     Bank
       2,453                                                12,602
          Groupe    Bruxelles     Lambert    SA
       2,431                             Citibank                   12,489
          Groupe    Bruxelles     Lambert    SA             Goldam    Sachs
      40,189                                                251,147
          Groupe    Bruxelles     Lambert    SA
      27,275                              HSBC                   59,444
          Proximus     SADP                     Barclays     Bank
      (34,780)                                                 (41,768)
          Sofina    SA
       1,620                             Citibank                   40,531
          Sofina    SA                      Deutsche     Bank
       1,970                                                70,097
          Sofina    SA                      JP  Morgan
       2,280                                                54,815
          Solvay    SA                      Barclays     Bank
      (8,840)                                                (31,455)
          Solvay    SA                      Deutsche     Bank
      (9,584)                                                 2,345
          Telenet    Group   Holding    NV              Bank   of  America    Merrill    Lynch
      32,524                                                 97,646
          Telenet    Group   Holding    NV              Barclays     Bank
        190                                                 334
          Telenet    Group   Holding    NV              Goldam    Sachs
      68,190                                                204,724
          UCB  SA                       Barclays     Bank
      16,420                                                161,038
          UCB  SA                       Deutsche     Bank
       9,940                                                85,770
          UCB  SA
       2,220                             HSBC                   12,433
          Umicore    SA                     Bank   of  America    Merrill    Lynch
      (82,559)                                                (277,240)
          Umicore    SA                     Deutsche     Bank
      (59,887)                                                (201,106)
          Umicore    SA                     Goldam    Sachs
      (64,810)                                                (217,638)
          Umicore    SA                                        (61,806)
      (21,215)                              HSBC
                                                     (2,761,750)
          カナダ
          Alimentation       Couche-Tard      Inc  ’B’           Bank   of  America    Merrill    Lynch
       9,570                                                18,620
          Alimentation       Couche-Tard      Inc  ’B’           Credit    Suisse
      13,900                                                 23,512
          Bank   of  Montreal
       2,490                             HSBC                   10,543
          Bank   of  Nova   Scotia
       4,900                             Citibank                   17,751
          Bank   of  Nova   Scotia                   Goldam    Sachs
      39,970                                                177,586
          BCE  Inc                       Bank   of  America    Merrill    Lynch
      98,210                                                154,718
          BCE  Inc                       Goldam    Sachs
      19,120                                                 30,121
          Canadian     Imperial     Bank   of  Commerce            Bank   of  America    Merrill    Lynch
       3,730                                                26,402
          Canadian     Imperial     Bank   of  Commerce            Goldam    Sachs
       3,270                                                23,146
          Canadian     National     Railway    Co            Bank   of  America    Merrill    Lynch
      (84,592)                                                (518,317)
          Canadian     Natural    Resources     Ltd            Bank   of  America    Merrill    Lynch
      11,450                                                 5,902
          Canadian     Natural    Resources     Ltd            Credit    Suisse
      10,470                                                 14,138
          Canadian     Natural    Resources     Ltd            Goldam    Sachs
      80,850                                                 41,674
          Canadian     Natural    Resources     Ltd            JP  Morgan
       7,300                                                 4,225
          Canadian     Pacific    Railway    Ltd             Bank   of  America    Merrill    Lynch
      12,100                                                292,870
          Canadian     Tire   Corp   Ltd  ’A’              Bank   of  America    Merrill    Lynch
      13,991                                                226,200
          Canadian     Tire   Corp   Ltd  ’A’              Goldam    Sachs
      56,130                                                907,485
                                 63/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          カナダ（続き）
          Canadian     Tire   Corp   Ltd  ’A’
      13,372                              HSBC                   162,509
          Canadian     Tire   Corp   Ltd  ’A’              JP  Morgan
       1,780                                                21,632
          Canadian     Utilities     Ltd  ’A’              Bank   of  America    Merrill    Lynch
      58,800                                                118,672
          Canadian     Utilities     Ltd  ’A’              Goldam    Sachs
      31,140                                                 62,847
          Cenovus    Energy    Inc                  Bank   of  America    Merrill    Lynch
      (39,670)                                                 (19,872)
          Cenovus    Energy    Inc                  Credit    Suisse
      (34,160)                                                 (19,269)
          Cenovus    Energy    Inc
      (73,560)                              HSBC                   (27,770)
          CGI  Inc                       Bank   of  America    Merrill    Lynch
      (3,370)                                                 (8,025)
          CGI  Inc
      (2,650)                              Citibank                   (1,866)
          CGI  Inc                       Goldam    Sachs
      (5,600)                                                (13,335)
          CGI  Inc
      (1,840)                              HSBC                   (3,521)
          CGI  Inc                       JP  Morgan
      (2,050)                                                 3,676
          Constellation       Software     Inc              Bank   of  America    Merrill    Lynch
       1,320                                                85,901
          Constellation       Software     Inc
        810                            Citibank                   (15,095)
          Constellation       Software     Inc              Credit    Suisse
        700                                               43,150
          Constellation       Software     Inc              Goldam    Sachs
       9,340                                                607,817
          Constellation       Software     Inc              JP  Morgan
        250                                               15,411
          Dollarama     Inc                    Bank   of  America    Merrill    Lynch
      (24,810)                                                 (77,450)
          Dollarama     Inc                    Goldam    Sachs
      (9,260)                                                (28,907)
          Dollarama     Inc                    JP  Morgan
      (4,090)                                                 (6,978)
          Enbridge     Inc                     Bank   of  America    Merrill    Lynch
      (30,030)                                                 (4,142)
          Fairfax    Financial     Holdings     Ltd            Credit    Suisse
        800                                               20,287
          Fairfax    Financial     Holdings     Ltd            Goldam    Sachs
        500                                               11,608
          Fairfax    Financial     Holdings     Ltd
       1,470                             HSBC                   36,451
          Fairfax    Financial     Holdings     Ltd            JP  Morgan
       1,170                                                29,293
          Fortis    Inc                      Bank   of  America    Merrill    Lynch
      (3,370)                                                 (6,288)
          Fortis    Inc                      Credit    Suisse
      (6,760)                                                 (4,064)
          Franco-Nevada       Corp                  Credit    Suisse
       7,870                                                (15,083)
          Franco-Nevada       Corp                  Goldam    Sachs
      11,250                                                (126,919)
          George    Weston    Ltd                  Bank   of  America    Merrill    Lynch
      10,490                                                 15,307
          George    Weston    Ltd                  Credit    Suisse
       7,770                                                 6,600
          George    Weston    Ltd                  Goldam    Sachs
      12,350                                                 18,021
          George    Weston    Ltd
      44,890                              HSBC                   38,129
          George    Weston    Ltd                  JP  Morgan
       3,950                                                 3,355
          Great-West      Lifeco    Inc                Bank   of  America    Merrill    Lynch
     (108,426)                                                 (184,193)
          Great-West      Lifeco    Inc                Goldam    Sachs
      (7,120)                                                (12,095)
          Great-West      Lifeco    Inc
     (152,219)                               HSBC                   (71,830)
          Husky   Energy    Inc                   Bank   of  America    Merrill    Lynch
     (316,492)                                                 (78,121)
          Husky   Energy    Inc
     (180,100)                               Citibank                   15,690
          Husky   Energy    Inc
      (67,650)                              HSBC                   (16,025)
          Husky   Energy    Inc                   JP  Morgan
     (222,500)                                                  14,538
          Hydro   One  Ltd
       3,950                             Citibank                    2,265
          Hydro   One  Ltd                    Credit    Suisse
       8,330                                                 3,387
          Hydro   One  Ltd                    Goldam    Sachs
      182,500                                                 113,942
          Hydro   One  Ltd
      106,181                              HSBC                   43,168
                                 64/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          カナダ（続き）
          IGM  Financial     Inc                  Goldam    Sachs
      26,390                                                103,073
          Imperial     Oil  Ltd                   Goldam    Sachs
      163,070                                                 179,946
          Intact    Financial     Corp                 Bank   of  America    Merrill    Lynch
      (31,320)                                                 14,780
          Inter   Pipeline     Ltd                  Goldam    Sachs
     (211,020)                                                 (99,577)
          Inter   Pipeline     Ltd
      (39,809)                              HSBC                   (35,259)
          Loblaw    Cos  Ltd                    Bank   of  America    Merrill    Lynch
      (18,360)                                                 (13,196)
          Loblaw    Cos  Ltd                    Goldam    Sachs
       (430)                                                 (309)
          Loblaw    Cos  Ltd
      (19,340)                              HSBC                   12,496
          Manulife     Financial     Corp                Goldam    Sachs
      (68,010)                                                 (61,717)
          Manulife     Financial     Corp
      (28,450)                              HSBC                    3,860
          Metro   Inc                      Bank   of  America    Merrill    Lynch
      (7,250)                                                 4,158
          Metro   Inc                      Goldam    Sachs
     (145,740)                                                  83,585
          National     Bank   of  Canada                 Bank   of  America    Merrill    Lynch
      79,671                                                529,810
          National     Bank   of  Canada
      66,198                              HSBC                   242,214
          Pembina    Pipeline     Corp                 Bank   of  America    Merrill    Lynch
       5,650                                                 4,922
          Pembina    Pipeline     Corp
       6,710                             Citibank                   (4,628)
          Pembina    Pipeline     Corp                 Credit    Suisse
       6,300                                                10,428
          Pembina    Pipeline     Corp                 Goldam    Sachs
       8,380                                                 7,300
          Pembina    Pipeline     Corp
       8,070                             HSBC                   13,358
          Pembina    Pipeline     Corp                 JP  Morgan
      32,470                                                 53,745
          Power   Corp   of  Canada                  Bank   of  America    Merrill    Lynch
      (75,550)                                                (170,576)
          Power   Corp   of  Canada                  Credit    Suisse
      (23,530)                                                 (27,161)
          Power   Corp   of  Canada
      (51,230)                              HSBC                   (59,135)
          Power   Corp   of  Canada                  JP  Morgan
      (47,420)                                                 (66,185)
          Rogers    Communications        Inc  ’B’            Bank   of  America    Merrill    Lynch
      (23,130)                                                 (39,461)
          Rogers    Communications        Inc  ’B’
      (10,780)                              Citibank                   (21,365)
          Rogers    Communications        Inc  ’B’            Goldam    Sachs
      (4,710)                                                 (8,035)
          Rogers    Communications        Inc  ’B’
      (3,350)                              HSBC                   (6,186)
          Royal   Bank   of  Canada                  Bank   of  America    Merrill    Lynch
      86,120                                                482,665
          Royal   Bank   of  Canada                  Goldam    Sachs
      32,940                                                184,614
          Saputo    Inc                      Goldam    Sachs
      (71,580)                                                  7,275
          Shaw   Communications        Inc  ’B’             Bank   of  America    Merrill    Lynch
      (62,850)                                                 (31,483)
          Shaw   Communications        Inc  ’B’
      (2,330)                              Citibank                   (1,184)
          Shaw   Communications        Inc  ’B’             Credit    Suisse
      (2,830)                                                  (185)
          Shaw   Communications        Inc  ’B’             Goldam    Sachs
      (75,310)                                                 (37,725)
          Shopify    Inc  ’A’                   Bank   of  America    Merrill    Lynch
      (1,100)                                                 26,744
          Shopify    Inc  ’A’
      (2,500)                              Citibank                   190,352
          Sun  Life   Financial     Inc                Goldam    Sachs
      37,000                                                 54,528
          Suncor    Energy    Inc                  Bank   of  America    Merrill    Lynch
      59,610                                                 29,427
          Suncor    Energy    Inc                  Goldam    Sachs
      119,090                                                 58,791
          TC  Energy    Corp                    Bank   of  America    Merrill    Lynch
      15,990                                                 (6,617)
          TC  Energy    Corp
       8,120                             Citibank                   19,100
          Teck   Resources     Ltd  ’B’                Bank   of  America    Merrill    Lynch
     (137,900)                                                 (65,073)
          TELUS   Corp                      Bank   of  America    Merrill    Lynch
      (27,880)                                                 (23,884)
          TELUS   Corp
      (59,370)                              Citibank                   (45,687)
                                 65/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          カナダ（続き）
          Toronto-Dominion         Bank                 Goldam    Sachs
       6,060                                                20,809
          Toronto-Dominion         Bank
      22,470                              HSBC                   42,413
          Wheaton    Precious     Metals    Corp             Bank   of  America    Merrill    Lynch
                                                       40,620
      (13,450)
                                                      3,805,769
          デンマーク
          Ambu   A/S  ’B’
      (97,361)                              Citibank                  (162,668)
          Ambu   A/S  ’B’                     Credit    Suisse
      (8,893)                                                (26,002)
          Ambu   A/S  ’B’                     Goldam    Sachs
      (22,910)                                                 (86,808)
          Ambu   A/S  ’B’
      (20,030)                              HSBC                   (58,565)
          AP  Moller    - Maersk    A/S  ’A’              Barclays     Bank
        635                                               (33,154)
          AP  Moller    - Maersk    A/S  ’A’              Deutsche     Bank
        588                                               11,403
          AP  Moller    - Maersk    A/S  ’A’              Goldam    Sachs
        483                                                9,367
          AP  Moller    - Maersk    A/S  ’A’              JP  Morgan
        240                                               13,212
          Carlsberg     A/S  ’B’
      17,940                              Citibank                   82,963
          Carlsberg     A/S  ’B’                  Credit    Suisse
       4,040                                                21,335
          Carlsberg     A/S  ’B’
      20,850                              HSBC                   110,105
          Carlsberg     A/S  ’B’                  JP  Morgan
      19,669                                                103,868
          Chr  Hansen    Holding    A/S                Bank   of  America    Merrill    Lynch
      (21,611)                                                 (61,253)
          Chr  Hansen    Holding    A/S                Barclays     Bank
      (14,118)                                                  (421)
          Chr  Hansen    Holding    A/S                Credit    Suisse
      (14,395)                                                 (49,390)
          Coloplast     A/S  ’B’                  Bank   of  America    Merrill    Lynch
       1,550                                                21,966
          Coloplast     A/S  ’B’                  Barclays     Bank
        840                                                (627)
          Coloplast     A/S  ’B’                  Credit    Suisse
       2,530                                                33,779
          Coloplast     A/S  ’B’                  Deutsche     Bank
      35,230                                                499,269
          Danske    Bank   A/S                   Bank   of  America    Merrill    Lynch
      (55,990)                                                 (96,219)
          Danske    Bank   A/S                   Barclays     Bank
      (76,140)                                                 (85,641)
          Danske    Bank   A/S
      (21,350)                              Citibank                   (21,275)
          Danske    Bank   A/S                   Deutsche     Bank
     (285,160)                                                 (490,049)
          Danske    Bank   A/S
      (36,090)                              HSBC                   (41,132)
          Demant    A/S                      Deutsche     Bank
      (69,989)                                                (272,501)
          DSV  PANALPINA     A/S                  Bank   of  America    Merrill    Lynch
      (54,760)                                                (249,967)
          DSV  PANALPINA     A/S                  Deutsche     Bank
      (3,663)                                                (16,721)
          Genmab    A/S                      Deutsche     Bank
       9,640                                                153,872
          Genmab    A/S                      Goldam    Sachs
       2,040                                                32,562
          GN  Store   Nord   A/S                  Bank   of  America    Merrill    Lynch
      34,755                                                240,047
          GN  Store   Nord   A/S                  Barclays     Bank
         8                                                11
          GN  Store   Nord   A/S                  Deutsche     Bank
      15,450                                                106,711
          H Lundbeck     A/S                    Deutsche     Bank
      (65,520)                                                (138,791)
          ISS  A/S                       Bank   of  America    Merrill    Lynch
      (15,830)                                                 (37,287)
          ISS  A/S                       Barclays     Bank
      (40,800)                                                 (14,607)
          ISS  A/S                       Deutsche     Bank
     (102,510)                                                 (241,461)
          ISS  A/S                       JP  Morgan
      (14,700)                                                 (32,433)
          Novo   Nordisk    A/S  ’B’
       8,733                             Citibank                   (11,139)
          Novo   Nordisk    A/S  ’B’                 Deutsche     Bank
      30,830                                                 (2,530)
          Novo   Nordisk    A/S  ’B’                 Goldam    Sachs
      54,440                                                 (4,467)
                                 66/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          デンマーク（続き）
          Novo   Nordisk    A/S  ’B’                 JP  Morgan
      15,065                                                  (112)
          Novozymes     A/S  ’B’                  Credit    Suisse
       7,130                                                17,337
          Novozymes     A/S  ’B’                  Deutsche     Bank
      20,288                                                 55,990
          Novozymes     A/S  ’B’
      13,060                              HSBC                   31,756
          Orsted    A/S                      Barclays     Bank
      (10,080)                                                 (28,570)
          Orsted    A/S                      Credit    Suisse
      (5,146)                                                (65,251)
          Orsted    A/S                      Deutsche     Bank
      (34,770)                                                (405,611)
          Orsted    A/S
      (13,690)                              HSBC                  (173,588)
          Pandora    A/S                     Barclays     Bank
      75,920                                                362,414
          ROCKWOOL     International       A/S  ’B’            Bank   of  America    Merrill    Lynch
       6,947                                                411,421
          ROCKWOOL     International       A/S  ’B’            Credit    Suisse
        810                                               55,372
          ROCKWOOL     International       A/S  ’B’            Deutsche     Bank
       7,684                                                455,068
          ROCKWOOL     International       A/S  ’B’            Goldam    Sachs
       3,843                                                227,593
          Tryg   A/S                       Barclays     Bank
      33,098                                                 10,862
          Tryg   A/S                       Deutsche     Bank
      62,910                                                113,554
          Vestas    Wind   Systems    A/S               Deutsche     Bank               20,937
       1,750
                                                       294,534
          フィンランド
          Elisa   Oyj
      (1,860)                              Citibank                   (2,399)
          Fortum    Oyj                      Bank   of  America    Merrill    Lynch
      20,200                                                 51,212
          Fortum    Oyj                      Barclays     Bank
      64,480                                                101,453
          Fortum    Oyj
       2,090                             Citibank                    3,288
          Fortum    Oyj                      Credit    Suisse
       6,770                                                12,120
          Fortum    Oyj                      Deutsche     Bank
      29,550                                                 74,917
          Fortum    Oyj                      Goldam    Sachs
      58,875                                                149,263
          Fortum    Oyj
      23,100                              HSBC                   41,355
          Fortum    Oyj                      JP  Morgan
      33,900                                                 55,435
          Huhtamaki     Oyj                    Deutsche     Bank
      12,880                                                 60,152
          Huhtamaki     Oyj
      18,560                              HSBC                   57,373
          Huhtamaki     Oyj                    JP  Morgan
       6,150                                                19,011
          Kesko   Oyj  ’B’                    Bank   of  America    Merrill    Lynch
       9,112                                                 7,903
          Kesko   Oyj  ’B’                    Barclays     Bank
      14,200                                                 11,053
          Kesko   Oyj  ’B’                    Deutsche     Bank
      120,725                                                 104,707
          Kesko   Oyj  ’B’                    Goldam    Sachs
      52,608                                                 45,628
          Kone   Oyj  ’B’                     Bank   of  America    Merrill    Lynch
      22,483                                                 95,500
          Metsa   Board   Oyj                   Bank   of  America    Merrill    Lynch
        103                                                 61
          Metsa   Board   Oyjπ
         1                           Citibank                     －
          Metsa   Board   Oyjπ                   Credit    Suisse
         1                                                －
          Metsa   Board   Oyjπ
        50                            HSBC                     －
          Metsa   Board   Oyjπ                   JP  Morgan
         1                                                －
          Metso   Oyj                      Deutsche     Bank
     (150,966)                                                 (768,829)
          Neste   Oyj                      Bank   of  America    Merrill    Lynch
      (1,530)                                                 (9,119)
          Neste   Oyj
      (3,950)                              Citibank                   (5,622)
          Neste   Oyj                      Deutsche     Bank
      (9,520)                                                (56,740)
          Neste   Oyj                      Goldam    Sachs
      (3,920)                                                (23,363)
                                 67/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          フィンランド（続き）
          Nokia   Oyj                      Bank   of  America    Merrill    Lynch
     (397,595)                                                 (162,032)
          Nokia   Oyj                      Deutsche     Bank
     (763,732)                                                 (311,243)
          Nokian    Renkaat    Oyj                  Bank   of  America    Merrill    Lynch
     (139,950)                                                 (577,341)
          Nokian    Renkaat    Oyj                  Barclays     Bank
     (237,447)                                                 (768,325)
          Nokian    Renkaat    Oyj                  Goldam    Sachs
      (45,531)                                                (187,831)
          Nokian    Renkaat    Oyj
      (20,305)                              HSBC                   (37,028)
          Nordea    Bank   Abp                   Bank   of  America    Merrill    Lynch
     (759,551)                                                 (784,617)
          Nordea    Bank   Abp                   Barclays     Bank
     (733,622)                                                 (496,792)
          Nordea    Bank   Abp                   Deutsche     Bank
     (103,303)                                                 (106,712)
          Nordea    Bank   Abp                   Goldam    Sachs
     (216,872)                                                 (224,029)
          Nordea    Bank   Abp
      (17,221)                              HSBC                   (9,613)
          Nordea    Bank   Abp                   JP  Morgan
      (14,766)                                                 (8,242)
          Orion   Oyj  ’B’                    Barclays     Bank
       8,490                                                29,926
          Orion   Oyj  ’B’                    Goldam    Sachs
      36,570                                                100,033
          Orion   Oyj  ’B’
       1,005                             HSBC                    2,973
          Orion   Oyj  ’B’                    JP  Morgan
       6,560                                                19,403
          Sampo   Oyj  ’A’                    Barclays     Bank
      (6,780)                                                (24,728)
          Sampo   Oyj  ’A’                    Goldam    Sachs
      (77,920)                                                (512,927)
          Stora   Enso   Oyj  ’R’                  Bank   of  America    Merrill    Lynch
      (40,860)                                                 (52,886)
          Stora   Enso   Oyj  ’R’                  Barclays     Bank
      (15,130)                                                 (6,393)
          Stora   Enso   Oyj  ’R’
      (11,880)                              Citibank                   (5,020)
          Stora   Enso   Oyj  ’R’                  Deutsche     Bank
      (55,520)                                                 (71,860)
          Stora   Enso   Oyj  ’R’                  Goldam    Sachs
     (115,170)                                                 (149,066)
          UPM-Kymmene      Oyj                   Bank   of  America    Merrill    Lynch
      13,170                                                 32,364
          UPM-Kymmene      Oyj                   JP  Morgan
       7,640                                                 9,055
          Wartsila     Oyj  Abp                   Bank   of  America    Merrill    Lynch
      (45,070)                                                 (29,067)
          Wartsila     Oyj  Abp                   Barclays     Bank
     (153,964)                                                 (54,784)
          Wartsila     Oyj  Abp
      (62,958)                              Citibank                   (22,402)
          Wartsila     Oyj  Abp                   Deutsche     Bank
     (274,580)                                                 (177,085)
          Wartsila     Oyj  Abp                   Goldam    Sachs
     (439,440)                                                 (283,408)
          Wartsila     Oyj  Abp                                      (29,973)
      (86,394)                              HSBC
                                                     (4,875,291)
          フランス
          Aeroports     de  Paris                   Bank   of  America    Merrill    Lynch
      (7,575)                                                (178,989)
          Air  France-KLM                       Barclays     Bank
      (84,950)                                                 (46,097)
          Air  France-KLM                       Deutsche     Bank
     (392,970)                                                 (74,284)
          Air  France-KLM                       Goldam    Sachs
     (121,810)                                                 (23,026)
          Air  France-KLM                       JP  Morgan
      (2,892)                                                  389
          ALD  SA                       Bank   of  America    Merrill    Lynch
      (79,283)                                                 (66,119)
          ALD  SA
      (19,563)                              Citibank                   (4,351)
          ALD  SA                       Credit    Suisse
     (282,055)                                                  37,636
          ALD  SA                       JP  Morgan
      (24,671)                                                  3,292
          Alstom    SA                      Goldam    Sachs
      31,646                                                 7,038
          Amundi    SA                      Goldam    Sachs
      (15,640)                                                (130,432)
          Amundi    SA
      (60,299)                              HSBC                  (405,649)
                                 68/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          フランス（続き）
          Arkema    SA                      Credit    Suisse
       3,708                                                11,627
                                    Barclays     Bank
      (27,018)     BioMerieux                                            177,252
          BNP  Paribas    SA                   Bank   of  America    Merrill    Lynch
      10,200                                                 70,150
          BNP  Paribas    SA                   Barclays     Bank
      15,290                                                 73,957
          BNP  Paribas    SA                   Deutsche     Bank
       6,060                                                41,677
          Bollore    SA                     Bank   of  America    Merrill    Lynch
       (519)                                                 (37)
          Bollore    SA                     Bank   of  America    Merrill    Lynch
      (1,203)                                                  (243)
          Bollore    SA                     Barclays     Bank
      73,806                                                 4,268
          Bollore    SAπ
        (5)                            Citibank                     －
          Bollore    SA
      (6,033)                              Citibank                    (926)
          Bollore    SA                     JP  Morgan
       (377)                                                 (77)
          Carrefour     SA                    Barclays     Bank
      42,690                                                 16,852
          Casino    Guichard     Perrachon     SA            Barclays     Bank
     (114,766)                                                 (193,973)
          Cie  de  Saint-Gobain                      Bank   of  America    Merrill    Lynch
      13,860                                                 92,162
          Cie  de  Saint-Gobain                      Barclays     Bank
      198,682                                                 505,917
          Cie  de  Saint-Gobain
       6,630                             Citibank                   16,882
          Cie  de  Saint-Gobain                      Deutsche     Bank
       9,140                                                60,776
          Cie  Plastic    Omnium    SA                Bank   of  America    Merrill    Lynch
      (57,736)                                                 (90,521)
          Cie  Plastic    Omnium    SA                Deutsche     Bank
      (20,735)                                                 (32,509)
          Cie  Plastic    Omnium    SA                Goldam    Sachs
      (13,730)                                                 (21,527)
          CNP  Assurances                       Barclays     Bank
      (81,360)                                                 (41,163)
          CNP  Assurances                       Credit    Suisse
      (17,510)                                                 (4,381)
          Dassault     Systemes     SE                Credit    Suisse
        960                                               12,863
          Dassault     Systemes     SE                Deutsche     Bank
      13,280                                                222,977
                                    Deutsche     Bank
      (90,098)     Edenred                                            (216,398)
          Eiffage    SA                     Bank   of  America    Merrill    Lynch
      18,560                                                222,888
          Eiffage    SA
       2,110                             Citibank                   16,330
          Eiffage    SA                     Credit    Suisse
       7,958                                                47,961
          Eiffage    SA                     Goldam    Sachs
      31,256                                                375,355
          Electricite      de  France    SA              Bank   of  America    Merrill    Lynch
      19,090                                                 18,001
          Electricite      de  France    SA              Deutsche     Bank
      35,390                                                 33,370
          Electricite      de  France    SA              Goldam    Sachs
      61,000                                                 57,519
          Electricite      de  France    SA
      23,920                              HSBC                   22,555
          Engie   SA                      Deutsche     Bank
      334,450                                                 479,368
          Engie   SA                      JP  Morgan
      13,940                                                 23,765
          Eurazeo    SE                     Bank   of  America    Merrill    Lynch
      14,702                                                 96,453
          Eurazeo    SE                     Barclays     Bank
      30,788                                                 57,514
          Eurazeo    SE                     Deutsche     Bank
      31,960                                                209,674
          Eurazeo    SE                     Goldam    Sachs
      20,401                                                133,841
          Eurazeo    SE
       4,600                             HSBC                   (2,046)
          Eurofins     Scientific      SE
      (8,442)                              HSBC                  (439,315)
          Euronext     NV                     Barclays     Bank
      24,455                                                 (8,158)
          Euronext     NV
       9,540                             HSBC                   15,697
          Eutelsat     Communications        SA             Deutsche     Bank
     (124,310)                                                  79,066
          Faurecia     SE                     Bank   of  America    Merrill    Lynch
      (9,750)                                                (54,316)
                                 69/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          フランス（続き）
          Faurecia     SE                     Barclays     Bank
      (58,200)                                                 (89,955)
          Faurecia     SE                     Deutsche     Bank
      (48,797)                                                (271,842)
          Faurecia     SE                     Goldam    Sachs
      (7,780)                                                (43,341)
          Hermes    International                      Bank   of  America    Merrill    Lynch
        441                                               40,701
          Hermes    International                      Barclays     Bank
        750                                               42,032
          Hermes    International
        430                            Citibank                   24,098
          Hermes    International                      Deutsche     Bank
        660                                               60,913
          Hermes    International                      JP  Morgan
        420                                               31,944
          Iliad   SA                      Bank   of  America    Merrill    Lynch
      (5,089)                                                (81,768)
          Iliad   SA                      Barclays     Bank
      (1,945)                                                (13,842)
          Iliad   SA                      Credit    Suisse
       (447)                                                (7,754)
          Imerys    SA                      Bank   of  America    Merrill    Lynch
      (36,958)                                                (133,971)
          Imerys    SA                      Barclays     Bank
      (6,970)                                                (23,406)
          Imerys    SA                      Credit    Suisse
      (5,169)                                                (20,692)
          Imerys    SA                      Deutsche     Bank
      (72,350)                                                (262,266)
          Imerys    SA                      Goldam    Sachs
      (13,020)                                                 (47,197)
          Ingenico     Group   SA                  Bank   of  America    Merrill    Lynch
      (29,549)                                                (248,070)
          Ipsen   SA                      Deutsche     Bank
      45,110                                                250,800
          JCDecaux     SA                     Bank   of  America    Merrill    Lynch
      (65,302)                                                 62,447
          JCDecaux     SA                     Barclays     Bank
      (1,684)                                                 (2,004)
          JCDecaux     SA                     Goldam    Sachs
      (60,787)                                                 58,129
          Legrand    SA                     Credit    Suisse
      43,037                                                 99,538
          Legrand    SA                     Goldam    Sachs
       6,420                                                29,983
          Legrand    SA
      83,842                              HSBC                   193,914
          Legrand    SA                     JP  Morgan
        853                                                1,973
          Natixis    SA
        (8)                            HSBC                      1
          Orange    SA                      Barclays     Bank
      30,560                                                 21,578
          Orange    SA                      Deutsche     Bank
      205,660                                                 182,947
          Orange    SA                      Goldam    Sachs
      40,150                                                 35,716
          Orange    SA                      JP  Morgan
       9,980                                                 7,406
      (3,990)    Orpea                          Citibank                   (18,190)
                                    Credit    Suisse
      (4,030)    Orpea                                            (27,559)
                                    Deutsche     Bank
      (20,003)     Orpea                                            (181,275)
                                    Goldam    Sachs
      (4,015)    Orpea                                            (36,385)
      (3,617)    Orpea                          HSBC                   (24,735)
          Peugeot    SA                     Bank   of  America    Merrill    Lynch
      39,160                                                 56,389
          Peugeot    SA                     Barclays     Bank
      305,828                                                 436,984
          Peugeot    SA                     Goldam    Sachs
      28,740                                                 41,385
          Publicis     Groupe    SA                 Deutsche     Bank
      61,990                                                 35,844
          Publicis     Groupe    SA                 Goldam    Sachs
       9,090                                                 5,256
          Remy   Cointreau     SA
      (12,411)                              Citibank                   (77,282)
          Remy   Cointreau     SA                  Credit    Suisse
      (6,043)                                                (47,709)
          Remy   Cointreau     SA                  Deutsche     Bank
      (12,760)                                                 (38,309)
          Remy   Cointreau     SA                  Goldam    Sachs
      (1,910)                                                 (5,734)
          Remy   Cointreau     SA
      (13,629)                              HSBC                  (107,599)
                                 70/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          フランス（続き）
          Rexel   SA                      Bank   of  America    Merrill    Lynch
      (54,630)                                                 (86,867)
          Rexel   SA                      Barclays     Bank
      (37,940)                                                 (24,806)
          Rexel   SA                      Credit    Suisse
      (40,030)                                                 (25,550)
          Rexel   SA                      Goldam    Sachs
      (25,582)                                                 (40,678)
          Rexel   SA
      (13,300)                              HSBC                   (8,489)
          Rubis   SCA                      Bank   of  America    Merrill    Lynch
      (54,860)                                                (200,085)
          Rubis   SCA                      Goldam    Sachs
      (39,692)                                                (144,764)
          Sartorius     Stedim    Biotech                 Bank   of  America    Merrill    Lynch
       3,450                                                14,578
          Sartorius     Stedim    Biotech                 Barclays     Bank
       7,260                                                (19,375)
          Sartorius     Stedim    Biotech                 JP  Morgan
        830                                                1,108
          Schneider     Electric     SE
      21,739                              Citibank                   136,334
          Schneider     Electric     SE                Deutsche     Bank
      17,630                                                231,323
          SCOR   SE                       Deutsche     Bank
      11,080                                                 (1,478)
          SCOR   SE                       Goldam    Sachs
       6,660                                                 (889)
          SEB  SA                       Bank   of  America    Merrill    Lynch
      (11,462)                                                (151,668)
          SEB  SA                       Barclays     Bank
      (12,627)                                                (148,830)
          SEB  SA
       (231)                             Citibank                   (2,723)
          SEB  SA                       Goldam    Sachs
      (7,280)                                                (96,330)
          SEB  SA                       JP  Morgan
      (1,342)                                                (11,938)
          SES  SA                       Bank   of  America    Merrill    Lynch
      (91,890)                                                 (34,536)
          SES  SA                       Deutsche     Bank
      (20,085)                                                 (7,549)
          Sodexo    SA                      Barclays     Bank
       8,340                                                51,005
          STMicroelectronics          NV                Goldam    Sachs
      17,670                                                 9,824
          Suez   SA                       Bank   of  America    Merrill    Lynch
      92,420                                                (31,858)
          Suez   SA                       Barclays     Bank
      101,011                                                 101,424
          Suez   SA                       Goldam    Sachs
      81,210                                                (27,993)
                                    Bank   of  America    Merrill    Lynch
      (8,034)    Teleperformance                                            (76,827)
                                    Goldam    Sachs
      (4,641)    Teleperformance                                            (44,381)
          Thales    SA                      Barclays     Bank
       2,210                                                18,381
          Thales    SA
       1,510                             Citibank                   12,559
          Thales    SA                      Deutsche     Bank
      22,010                                                146,355
          Thales    SA                      Goldam    Sachs
       2,200                                                14,629
          Thales    SA
       5,490                             HSBC                   (2,686)
          TOTAL   SA                      Deutsche     Bank
      44,570                                                138,767
          Ubisoft    Entertainment       SA              Bank   of  America    Merrill    Lynch
      (10,590)                                                 (14,837)
          Ubisoft    Entertainment       SA              Barclays     Bank
       (620)                                                 (28)
          Ubisoft    Entertainment       SA              Deutsche     Bank
      (17,790)                                                 (24,925)
          Ubisoft    Entertainment       SA              Goldam    Sachs
      (1,490)                                                 (2,088)
          Valeo   SA                      Barclays     Bank
      (39,490)                                                (144,686)
          Valeo   SA                      JP  Morgan
      (22,162)                                                 (27,354)
          Veolia    Environnement       SA               Deutsche     Bank
      19,340                                                 35,376
          Veolia    Environnement       SA               Goldam    Sachs
      30,020                                                 54,911
          Veolia    Environnement       SA
      89,276                              HSBC                   19,854
          Vivendi    SA                     Bank   of  America    Merrill    Lynch
      40,982                                                 59,013
          Vivendi    SA                     Barclays     Bank
      105,380                                                 107,803
                                 71/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          フランス（続き）
          Vivendi    SA                     Deutsche     Bank
      33,050                                                 47,591
          Vivendi    SA                     Goldam    Sachs
      129,630                                                 186,664
          Wendel    SE                      Bank   of  America    Merrill    Lynch
       8,597                                                73,608
          Wendel    SE                      Barclays     Bank
      21,453                                                118,081
          Wendel    SE
       2,980                             Citibank                   16,402
          Wendel    SE                      Credit    Suisse
       1,580                                                14,670
          Wendel    SE                      Deutsche     Bank
      15,886                                                136,016
          Wendel    SE                      Goldam    Sachs
      14,060                                                120,382
          Wendel    SE
       4,156                             HSBC                   38,588
          Wendel    SE                      JP  Morgan                   993
        107
                                                      1,621,649
          ドイツ
          1&1  Drillisch     AG                  Barclays     Bank
      (98,949)                                                 (16,504)
          1&1  Drillisch     AG                  JP  Morgan
     (161,032)                                                 (372,444)
          Allianz    SE  RegS                    Deutsche     Bank
       3,720                                                70,072
          Allianz    SE  RegS
      16,615                              HSBC                   112,698
          Aroundtown      SA                    Bank   of  America    Merrill    Lynch
      22,060                                                 9,542
          Aroundtown      SA                    Deutsche     Bank
      106,500                                                 46,066
          Aroundtown      SA                    Goldam    Sachs
      48,560                                                 21,005
          Aroundtown      SA
      26,350                              HSBC                    2,368
          Aroundtown      SA                    JP  Morgan
      52,950                                                 (5,593)
          BASF   SE                       Deutsche     Bank
      10,940                                                 73,779
          Bayer   AG  RegS                     Bank   of  America    Merrill    Lynch
      (13,578)                                                 (73,829)
          Bayer   AG  RegS                     Barclays     Bank
      (3,620)                                                (16,061)
          Bayer   AG  RegS                     Deutsche     Bank
      (22,720)                                                (123,539)
          Bayer   AG  RegS                     Goldam    Sachs
      (8,910)                                                (48,448)
          Bayer   AG  RegS                     JP  Morgan
      (21,903)                                                 (88,896)
          Bayerische      Motoren    Werke   AG  (Pref)           Bank   of  America    Merrill    Lynch
      (49,888)                                                (194,155)
          Bayerische      Motoren    Werke   AG  (Pref)           Barclays     Bank
      (3,532)                                                 (7,933)
          Bayerische      Motoren    Werke   AG  (Pref)           Deutsche     Bank
      (1,137)                                                 (4,425)
          Bayerische      Motoren    Werke   AG  (Pref)           Goldam    Sachs
      (38,726)                                                (150,715)
          Bayerische      Motoren    Werke   AG  (Pref)           JP  Morgan
       (466)                                                 497
          Bechtle    AG                     Bank   of  America    Merrill    Lynch
      (5,990)                                                (80,593)
          Bechtle    AG                     Barclays     Bank
      (3,450)                                                (15,729)
          Bechtle    AG                     Credit    Suisse
      (1,390)                                                 (7,126)
          Bechtle    AG                     Goldam    Sachs
      (3,260)                                                (43,862)
          Beiersdorf      AG                    Bank   of  America    Merrill    Lynch
       2,640                                                 6,928
          Beiersdorf      AG                    Deutsche     Bank
      23,790                                                 62,430
          Beiersdorf      AG                    Goldam    Sachs
       3,237                                                 8,495
          Brenntag     AG                     Bank   of  America    Merrill    Lynch
      24,060                                                132,965
          Brenntag     AG                     Goldam    Sachs
      11,640                                                 64,327
          Carl   Zeiss   Meditec    AG                Barclays     Bank
       5,798                                                32,235
          Carl   Zeiss   Meditec    AG                Deutsche     Bank
       8,980                                                88,370
          Carl   Zeiss   Meditec    AG                Goldam    Sachs
       1,770                                                17,418
          Commerzbank      AG                   Barclays     Bank
     (100,350)                                                 (28,900)
                                 72/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          ドイツ（続き）
          Commerzbank      AG                   Deutsche     Bank
    (1,292,770)                                                  (977,497)
          Commerzbank      AG                   Goldam    Sachs
     (361,280)                                                 (273,173)
          Commerzbank      AG
     (155,946)                               HSBC                   (55,316)
          Continental      AG                   Deutsche     Bank
      (13,530)                                                (222,962)
          Covestro     AG                     Barclays     Bank
      (15,430)                                                 (39,634)
          Covestro     AG                     Deutsche     Bank
      (2,108)                                                (10,595)
          CTS  Eventim    AG  & Co  KGaA               JP  Morgan
       3,390                                                14,444
          Daimler    AG                     Barclays     Bank
     (130,800)                                                 (346,882)
          Daimler    AG                     Goldam    Sachs
      (3,850)                                                (24,487)
          Delivery     Hero   SE                  Barclays     Bank
      (18,391)                                                 79,755
          Delivery     Hero   SE                  Deutsche     Bank
      (26,270)                                                 (97,564)
          Delivery     Hero   SE                  Goldam    Sachs
      (2,650)                                                 (9,842)
          Deutsche     Bank   AG                  Bank   of  America    Merrill    Lynch
      (41,360)                                                 (77,770)
          Deutsche     Bank   AG
     (238,779)                               Citibank                  (249,845)
          Deutsche     Bank   AG                  Credit    Suisse
      (60,220)                                                (107,863)
          Deutsche     Bank   AG
     (688,041)                               HSBC                  (837,749)
          Deutsche     Boerse    AG                 Bank   of  America    Merrill    Lynch
       3,200                                                 6,049
          Deutsche     Boerse    AG                 Deutsche     Bank
      15,880                                                 30,018
          Deutsche     Boerse    AG                 Goldam    Sachs
       6,660                                                12,590
          Deutsche     EuroShop     AGπ
         6                           HSBC                     －
          Deutsche     Lufthansa     AG  RegS              Deutsche     Bank
     (336,622)                                                 (639,316)
          Deutsche     Post   AG  RegS                 Bank   of  America    Merrill    Lynch
      193,474                                                 342,062
          Deutsche     Post   AG  RegS                 Barclays     Bank
      52,040                                                 54,394
          Deutsche     Post   AG  RegS                 Deutsche     Bank
      59,460                                                105,125
          Deutsche     Post   AG  RegS
      37,380                              HSBC                   71,076
          Deutsche     Telekom    AG  RegS               Credit    Suisse
      195,040                                                 119,281
          Deutsche     Telekom    AG  RegS               Deutsche     Bank
      282,370                                                 178,969
          Deutsche     Telekom    AG  RegS               Goldam    Sachs
      21,240                                                 13,462
          Deutsche     Wohnen    SE                 Barclays     Bank
      (12,280)                                                 (8,876)
          Deutsche     Wohnen    SE                 Goldam    Sachs
      (9,870)                                                (27,767)
          DWS  Group   GmbH   & Co  KGaA               Credit    Suisse
       3,591                                                17,960
          DWS  Group   GmbH   & Co  KGaA               Goldam    Sachs
       5,870                                                25,554
          DWS  Group   GmbH   & Co  KGaA               JP  Morgan
       4,760                                                20,434
          E.ON   SE                       Barclays     Bank
      (96,210)                                                  8,345
          Evonik    Industries      AG                Bank   of  America    Merrill    Lynch
      51,300                                                 90,128
          Evonik    Industries      AG
      65,565                              HSBC                    1,458
          Fielmann     AG                     Bank   of  America    Merrill    Lynch
      11,380                                                 37,962
          Fielmann     AG                     Barclays     Bank
       6,970                                                18,601
          Fielmann     AG                     Credit    Suisse
       1,857                                                 5,885
          Fielmann     AG                     Goldam    Sachs
       8,777                                                29,279
          Fielmann     AG
        55                            HSBC                     174
          Fraport    AG  Frankfurt     Airport    Services     Worldwide      Bank   of  America    Merrill    Lynch
      25,624                                                237,628
          Fraport    AG  Frankfurt     Airport    Services     Worldwide      Barclays     Bank
      47,354                                                284,339
                                 73/270




                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          ドイツ（続き）
          Fraport    AG  Frankfurt     Airport    Services     Worldwide
      12,320                              Citibank                   73,976
          Fraport    AG  Frankfurt     Airport    Services     Worldwide      Credit    Suisse
      16,691                                                120,682
          Fraport    AG  Frankfurt     Airport    Services     Worldwide      Deutsche     Bank
      10,140                                                 94,035
          Fraport    AG  Frankfurt     Airport    Services     Worldwide      Goldam    Sachs
      23,828                                                220,973
          Fresenius     Medical    Care   AG  & Co  KGaA          Bank   of  America    Merrill    Lynch
      (8,230)                                                (30,932)
          Fresenius     Medical    Care   AG  & Co  KGaA          Barclays     Bank
      (3,440)                                                 (2,678)
          Fresenius     Medical    Care   AG  & Co  KGaA          Deutsche     Bank
      (49,706)                                                (186,815)
          Fresenius     Medical    Care   AG  & Co  KGaA          Goldam    Sachs
      (7,840)                                                (29,466)
          Fresenius     SE  & Co  KGaA                Bank   of  America    Merrill    Lynch
      (16,340)                                                 (86,122)
          Fresenius     SE  & Co  KGaA                Barclays     Bank
      (11,980)                                                 (1,465)
          Fresenius     SE  & Co  KGaA                Goldam    Sachs
      (6,940)                                                (36,578)
          Fresenius     SE  & Co  KGaA                JP  Morgan
      (9,200)                                                (30,792)
          FUCHS   PETROLUB     SE                  Goldam    Sachs
       9,087                                                17,683
          FUCHS   PETROLUB     SE
       5,094                             HSBC                     －
          FUCHS   PETROLUB     SE  (Pref)
       4,240                             Citibank                    5,752
          FUCHS   PETROLUB     SE  (Pref)                Deutsche     Bank
      14,995                                                 53,689
          FUCHS   PETROLUB     SE  (Pref)
       8,010                             HSBC                    6,769
          FUCHS   PETROLUB     SE  (Pref)                JP  Morgan
      16,680                                                 14,096
          GEA  Group   AG                    Bank   of  America    Merrill    Lynch
      55,880                                                218,097
          GEA  Group   AG                    Barclays     Bank
      43,360                                                103,660
          GEA  Group   AG                    Credit    Suisse
      14,092                                                 75,214
          GEA  Group   AG                    Deutsche     Bank
      97,030                                                378,703
          GEA  Group   AG                    Goldam    Sachs
      112,810                                                 440,291
          GEA  Group   AG
       5,020                             HSBC                   26,794
          GEA  Group   AG                    JP  Morgan
      11,370                                                 60,686
          GRENKE    AG
      (16,043)                              HSBC                  (107,034)
          GRENKE    AG                      JP  Morgan
        (79)                                                (527)
          Hapag-Lloyd      AG                   Bank   of  America    Merrill    Lynch
      (35,148)                                                3,943,456
          Hapag-Lloyd      AG                   Barclays     Bank
       (151)                                                10,494
          Hapag-Lloyd      AG                   JP  Morgan
      (6,180)                                                489,963
          HeidelbergCement         AG                 Bank   of  America    Merrill    Lynch
       6,410                                                39,843
          HeidelbergCement         AG                 Barclays     Bank
      65,635                                                286,093
          HeidelbergCement         AG                 Deutsche     Bank
       1,170                                                 7,273
          HeidelbergCement         AG                 Goldam    Sachs
      30,930                                                192,255
          Hella   GmbH   & Co  KGaA                 Bank   of  America    Merrill    Lynch
        524                                                2,133
          Hella   GmbH   & Co  KGaA                 Barclays     Bank
      21,496                                                 38,722
          Hella   GmbH   & Co  KGaA                 Goldam    Sachs
       4,030                                                16,401
          Hella   GmbH   & Co  KGaA
         8                           HSBC                     12
          Henkel    AG  & Co  KGaA   (Pref)               Barclays     Bank
      32,650                                                113,998
          HOCHTIEF     AG                     Bank   of  America    Merrill    Lynch
       5,306                                                79,060
          HOCHTIEF     AG                     Barclays     Bank
      67,839                                                441,286
          HOCHTIEF     AG
      22,348                              Citibank                   145,372
          HOCHTIEF     AG                     Credit    Suisse
       4,130                                                37,657
                                 74/270




                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          ドイツ（続き）
          HOCHTIEF     AG                     Goldam    Sachs
      18,350                                                273,417
          HOCHTIEF     AG
      15,068                              HSBC                   137,390
          HUGO   BOSS   AG                    Bank   of  America    Merrill    Lynch
       5,210                                                10,833
          HUGO   BOSS   AG                    Barclays     Bank
      58,410                                                 96,774
          HUGO   BOSS   AG                    Credit    Suisse
       8,350                                                  325
          HUGO   BOSS   AG                    Deutsche     Bank
      140,200                                                 291,524
          HUGO   BOSS   AG                    Goldam    Sachs
      23,070                                                 47,971
          HUGO   BOSS   AG
      62,210                              HSBC                   86,468
          HUGO   BOSS   AG                    JP  Morgan
       7,010                                                 9,743
          Infineon     Technologies       AG              Barclays     Bank
      (83,140)                                                 (22,372)
          Infineon     Technologies       AG              Deutsche     Bank
      (65,750)                                                (179,852)
          Infineon     Technologies       AG              Goldam    Sachs
      (61,140)                                                (167,242)
          KION   Group   AG                    Barclays     Bank
      (16,440)                                                (103,285)
          KION   Group   AG
      (15,022)                              Citibank                   (94,376)
          KION   Group   AG                    Credit    Suisse
      (17,148)                                                 (90,000)
          KION   Group   AG                    Deutsche     Bank
      (15,870)                                                (120,350)
          KION   Group   AG                    Goldam    Sachs
      (9,020)                                                (68,403)
          KION   Group   AG
      (22,123)                              HSBC                  (116,110)
          Knorr-Bremse       AG                   Bank   of  America    Merrill    Lynch
        (8)                                                (102)
          Knorr-Bremse       AG                   Barclays     Bank
      (1,215)                                                 (5,836)
          LANXESS    AG                     Barclays     Bank
      (16,124)                                                 (22,770)
          LANXESS    AG
      (10,210)                              Citibank                   (14,418)
          LANXESS    AG                     Deutsche     Bank
      (14,480)                                                 (57,642)
          LANXESS    AG                     Goldam    Sachs
      (5,790)                                                (23,049)
          LANXESS    AG
      (2,830)                              HSBC                   (7,718)
          Merck   KGaA                      Bank   of  America    Merrill    Lynch
      25,383                                                 25,402
          Merck   KGaA                      Barclays     Bank
       6,700                                                  745
          Merck   KGaA                      Goldam    Sachs
      14,900                                                 14,911
          METRO   AG                      Bank   of  America    Merrill    Lynch
     (104,770)                                                 (52,658)
          METRO   AG                      Deutsche     Bank
      (57,100)                                                 (28,699)
          METRO   AG                      Goldam    Sachs
      (14,930)                                                 (7,504)
          METRO   AG                      JP  Morgan
      (67,900)                                                 (54,059)
          MTU  Aero   Engines    AG                 Bank   of  America    Merrill    Lynch
      (5,870)                                                (193,530)
          MTU  Aero   Engines    AG                 Barclays     Bank
      (3,130)                                                (51,162)
          MTU  Aero   Engines    AG                 Credit    Suisse
       (180)                                                (4,403)
          MTU  Aero   Engines    AG                 Deutsche     Bank
       (623)                                               (20,540)
          Muenchener      Rueckversicherungs-          Gesellschaft       AG
                                    Bank   of  America    Merrill    Lynch
       3,230                                                91,406
          in  Muenchen     RegS
          Muenchener      Rueckversicherungs-          Gesellschaft       AG
                                    Barclays     Bank
       2,240                                                29,391
          in  Muenchen     RegS
          Muenchener      Rueckversicherungs-          Gesellschaft       AG
       3,030                             Citibank                   39,757
          in  Muenchen     RegS
          Muenchener      Rueckversicherungs-          Gesellschaft       AG
                                    Credit    Suisse
       1,060                                                30,022
          in  Muenchen     RegS
          Muenchener      Rueckversicherungs-          Gesellschaft       AG
                                    Deutsche     Bank
       7,200                                                203,754
          in  Muenchen     RegS
          Muenchener      Rueckversicherungs-          Gesellschaft       AG
                                    Goldam    Sachs
      11,170                                                316,101
          in  Muenchen     RegS
                                 75/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          ドイツ（続き）
          Muenchener      Rueckversicherungs-          Gesellschaft       AG
      11,855                              HSBC                   181,255
          in  Muenchen     RegS
          Muenchener      Rueckversicherungs-          Gesellschaft       AG
                                    JP  Morgan
       2,379                                                36,373
          in  Muenchen     RegS
          Nemetschek      SE                    Bank   of  America    Merrill    Lynch
       2,510                                                27,910
          OSRAM   Licht   AG                   JP  Morgan
      (11,472)                                                  2,551
          Porsche    Automobil     Holding    SE  (Pref)           Bank   of  America    Merrill    Lynch
      (9,670)                                                (70,644)
          Porsche    Automobil     Holding    SE  (Pref)           Barclays     Bank
      (48,880)                                                (134,793)
          ProSiebenSat.1        Media   SE               Bank   of  America    Merrill    Lynch
     (124,779)                                                 (177,597)
          ProSiebenSat.1        Media   SE               Credit    Suisse
      (1,662)                                                 (3,546)
          ProSiebenSat.1        Media   SE               Deutsche     Bank
     (128,370)                                                 (182,708)
          Puma   SE                       Deutsche     Bank
      30,350                                                178,863
          QIAGEN    NV                      Barclays     Bank
      (7,760)                                                 (1,208)
          QIAGEN    NV                      Deutsche     Bank
      (2,860)                                                 (1,145)
          QIAGEN    NV                      Goldam    Sachs
      (31,070)                                                 (12,437)
          Rational     AG                     Bank   of  America    Merrill    Lynch
       1,727                                                115,220
          Rational     AG                     Barclays     Bank
        310                                               13,443
          Rational     AG                     Deutsche     Bank
       4,960                                                330,916
          Rational     AG                     Goldam    Sachs
        710                                               47,369
          Rational     AG
        960                            HSBC                   36,721
          Rational     AG                     JP  Morgan
       1,018                                                38,940
          Rheinmetall      AG                   Barclays     Bank
      35,660                                                203,812
          Rheinmetall      AG
        170                            Citibank                     972
          Rheinmetall      AG                   Deutsche     Bank
      19,280                                                185,228
          Rheinmetall      AG                   Goldam    Sachs
       9,630                                                92,518
          RTL  Group   SA                    Barclays     Bank
        46                                                 93
          RTL  Group   SA                    Deutsche     Bank
       1,655                                                 5,300
          RTL  Group   SA                    Goldam    Sachs
      54,103                                                173,260
          RTL  Group   SA
       5,218                             HSBC                    5,338
          SAP  SE                       Goldam    Sachs
      (8,680)                                                (98,448)
          Sartorius     AG  (Pref)                   Bank   of  America    Merrill    Lynch
       (670)                                               (23,393)
          Sartorius     AG  (Pref)                   Barclays     Bank
      (1,150)                                                 (7,928)
          Sartorius     AG  (Pref)                   Credit    Suisse
      (1,747)                                                (80,423)
          Sartorius     AG  (Pref)                   Deutsche     Bank
      (4,986)                                                (174,087)
          Sartorius     AG  (Pref)                   Goldam    Sachs
       (820)                                               (28,630)
          Scout24    AG                     Bank   of  America    Merrill    Lynch
       7,700                                                32,536
          Scout24    AG                     Goldam    Sachs
      11,190                                                 47,282
          Siemens    AG  RegS                    Deutsche     Bank
      16,100                                                227,360
          Siemens    Healthineers       AG               Bank   of  America    Merrill    Lynch
       4,870                                                28,619
          Siemens    Healthineers       AG               Credit    Suisse
       9,190                                                62,590
          Siemens    Healthineers       AG               Deutsche     Bank
       6,560                                                38,551
          Siemens    Healthineers       AG               Goldam    Sachs
       4,600                                                27,033
          Suedzucker      AG                    Barclays     Bank
      (95,080)                                                  1,057
          Suedzucker      AG
      (1,943)                              HSBC                   (1,167)
          Suedzucker      AG                    JP  Morgan
      (46,362)                                                 (27,838)
          Symrise    AG                     Barclays     Bank
       4,620                                                10,788
                                 76/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          ドイツ（続き）
          Symrise    AG                     Credit    Suisse
       1,870                                                 7,902
          Symrise    AG                     Deutsche     Bank
      11,820                                                 55,727
          Symrise    AG                     Goldam    Sachs
       4,060                                                19,142
          Symrise    AG                     JP  Morgan
       4,330                                                18,296
          Talanx    AG                      Bank   of  America    Merrill    Lynch
        (15)                                                 (46)
          Talanx    AG                      Barclays     Bank
       (908)                                                 (949)
          Talanx    AG                      Goldam    Sachs
        (1)                                                 (3)
          TeamViewer      AG                    Bank   of  America    Merrill    Lynch
      (45,570)                                                (144,667)
          TeamViewer      AG                    Credit    Suisse
      (1,110)                                                 (3,234)
          Telefonica      Deutschland      Holding    AG          Barclays     Bank
      584,616                                                 94,259
          thyssenkrupp       AG                   Bank   of  America    Merrill    Lynch
      (76,314)                                                (140,269)
          thyssenkrupp       AG                   Barclays     Bank
      (19,500)                                                 (15,525)
          thyssenkrupp       AG                   Goldam    Sachs
      (54,174)                                                 (99,575)
          thyssenkrupp       AG                   JP  Morgan
     (284,124)                                                 (244,531)
          Traton    SE                      Credit    Suisse
      (1,007)                                                 (1,299)
          Traton    SE                      Goldam    Sachs
      (46,623)                                                (108,040)
          Uniper    SE                      Bank   of  America    Merrill    Lynch
      (28,040)                                                (110,997)
          Uniper    SE                      Barclays     Bank
      (51,004)                                                (165,605)
          Uniper    SE                      Deutsche     Bank
      (12,630)                                                 (49,996)
          Uniper    SE                      Goldam    Sachs
      (49,232)                                                (194,887)
          United    Internet     AG  RegS                Bank   of  America    Merrill    Lynch
      (5,195)                                                (13,633)
          United    Internet     AG  RegS
      (6,555)                              Citibank                   (5,977)
          United    Internet     AG  RegS                Deutsche     Bank
      (11,126)                                                 (29,197)
          United    Internet     AG  RegS                Goldam    Sachs
      (6,700)                                                (17,582)
          United    Internet     AG  RegS
      (35,736)                              HSBC                  (214,975)
          United    Internet     AG  RegS                JP  Morgan
      (34,014)                                                (204,616)
          Volkswagen      AG                    Barclays     Bank
       (470)                                                (1,463)
          Volkswagen      AG                    Credit    Suisse
      (4,933)                                                (20,295)
          Volkswagen      AG                    Deutsche     Bank
      (26,216)                                                (358,556)
          Volkswagen      AG
      (13,658)                              HSBC                   (56,192)
          Vonovia    SE                     Bank   of  America    Merrill    Lynch
      (4,500)                                                (22,417)
          Vonovia    SE
      (6,430)                              Citibank                   (16,159)
          Vonovia    SE                     Deutsche     Bank
      (2,870)                                                (14,297)
          Wacker    Chemie    AG                  Barclays     Bank
       3,400                                                 1,512
          Wacker    Chemie    AG
       4,920                             Citibank                    2,188
          Wacker    Chemie    AG                  Credit    Suisse
       6,660                                                19,551
          Wacker    Chemie    AG                  Deutsche     Bank
      26,448                                                169,395
          Wacker    Chemie    AG
      15,510                              HSBC                   45,530
          Wacker    Chemie    AG                  JP  Morgan
       3,360                                                14,962
          Wirecard     AG
      (5,710)                              HSBC                   (49,524)
          Wirecard     AG                     JP  Morgan
      (10,330)                                                 (89,594)
          Zalando    SE                     Barclays     Bank
      (2,840)                                                (14,400)
          Zalando    SE                     Goldam    Sachs
                                                      (352,358)
      (34,899)
                                                      3,524,352
                                 77/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          香港
          AIA  Group   Ltd                    Bank   of  America    Merrill    Lynch
      70,400                                                (49,023)
          AIA  Group   Ltd                    Barclays     Bank
      40,400                                                 (5,991)
          AIA  Group   Ltd
      25,200                              Citibank                   (3,737)
          AIA  Group   Ltd
       6,400                             HSBC                   (5,612)
          Bank   of  East   Asia   Ltd                Bank   of  America    Merrill    Lynch
      (34,863)                                                  8,272
          Bank   of  East   Asia   Ltd                Barclays     Bank
     (658,600)                                                 103,613
          Bank   of  East   Asia   Ltd
     (653,000)                               Citibank                   102,732
          Bank   of  East   Asia   Ltd                Goldam    Sachs
     (468,425)                                                 111,145
          Bank   of  East   Asia   Ltd
     (235,600)                               HSBC                   66,231
          Bank   of  East   Asia   Ltd                JP  Morgan
      (92,199)                                                 25,919
          BOC  Hong   Kong   Holdings     Ltd              Bank   of  America    Merrill    Lynch
      191,500                                                 (58,032)
          BOC  Hong   Kong   Holdings     Ltd              Barclays     Bank
      241,500                                                 (26,471)
          BOC  Hong   Kong   Holdings     Ltd              Credit    Suisse
      357,000                                                (112,789)
          BOC  Hong   Kong   Holdings     Ltd              Goldam    Sachs
      16,000                                                 (4,849)
          BOC  Hong   Kong   Holdings     Ltd
      322,500                              HSBC                  (101,889)
          Cafe   de  Coral   Holdings     Ltd              Bank   of  America    Merrill    Lynch
      (86,000)                                                 19,740
          Cafe   de  Coral   Holdings     Ltd              Barclays     Bank
      (76,000)                                                  2,352
          Cafe   de  Coral   Holdings     Ltd
      (66,000)                              HSBC                   15,875
          Cafe   de  Coral   Holdings     Ltd              JP  Morgan
      (66,000)                                                 18,894
          Cathay    Pacific    Airways    Ltd              Barclays     Bank
     (132,000)                                                  4,255
          Cathay    Pacific    Airways    Ltd
     (163,000)                               Citibank                    5,255
          Cathay    Pacific    Airways    Ltd              Goldam    Sachs
     (745,000)                                                  95,109
          Cathay    Pacific    Airways    Ltd              JP  Morgan
        816                                                (133)
          China   Everbright      Bank   Co  Ltd  ’H’
       (866)                             Citibank                     (10)
          CK  Asset   Holdings     Ltd
      171,500                              HSBC                  (144,856)
          CK  Hutchison     Holdings     Ltd              Bank   of  America    Merrill    Lynch
      189,000                                                (197,414)
          CK  Hutchison     Holdings     Ltd              Barclays     Bank
      253,500                                                 (76,821)
          CK  Hutchison     Holdings     Ltd              Credit    Suisse
      22,000                                                (26,668)
          CK  Hutchison     Holdings     Ltd              Goldam    Sachs
      728,500                                                (760,934)
          CK  Hutchison     Holdings     Ltd
      230,500                              HSBC                  (279,403)
          CK  Hutchison     Holdings     Ltd              JP  Morgan
      80,000                                                (96,973)
          CK  Infrastructure        Holdings     Ltd            Bank   of  America    Merrill    Lynch
      113,500                                                (122,212)
          CK  Infrastructure        Holdings     Ltd            Credit    Suisse
      61,000                                                (52,703)
          CLP  Holdings     Ltd                   Barclays     Bank
      110,000                                                 (15,603)
          CLP  Holdings     Ltd
      21,500                              Citibank                   (3,050)
          CLP  Holdings     Ltd                   Credit    Suisse
      11,500                                                 (5,225)
          CLP  Holdings     Ltd                   Goldam    Sachs
      74,500                                                (27,860)
          Dah  Sing   Financial     Holdings     Ltd           Goldam    Sachs
      28,800                                                 (8,542)
          FIH  Mobile    Ltd                    Barclays     Bank
    (1,578,000)                                                   2,035
          FIH  Mobile    Ltd
    (7,287,000)                                Citibank                    9,397
          FIH  Mobile    Ltd                    Credit    Suisse
     (687,000)                                                   (886)
          FIH  Mobile    Ltd                    Goldam    Sachs
    (17,640,000)                                                   (45,495)
          FIH  Mobile    Ltd
    (2,370,000)                                HSBC                   (3,056)
          FIH  Mobile    Ltd                    JP  Morgan
      (3,173)                                                   (4)
          Galaxy    Entertainment       Group   Ltd            Bank   of  America    Merrill    Lynch
     (157,000)                                                  (5,061)
                                 78/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          香港（続き）
          Galaxy    Entertainment       Group   Ltd            Barclays     Bank
     (188,000)                                                 (55,759)
          Galaxy    Entertainment       Group   Ltd
      (7,000)                              Citibank                   (2,076)
          GOME   Retail    Holdings     Ltd               JP  Morgan
       (497)                                                  (3)
          Guotai    Junan   International       Holdings     Ltd
     (457,000)                               Citibank                    1,768
          Guotai    Junan   International       Holdings     Ltd       Credit    Suisse
    (2,726,000)                                                   31,637
          Hang   Lung   Group   Ltd                 Bank   of  America    Merrill    Lynch
      70,000                                                (11,554)
          Hang   Lung   Group   Ltd                 Barclays     Bank
      181,000                                                 (2,801)
          Hang   Lung   Group   Ltd                 Credit    Suisse
      149,000                                                 (34,201)
          Hang   Lung   Group   Ltd                 Goldam    Sachs
      184,000                                                 (30,371)
          Hang   Lung   Group   Ltd                 JP  Morgan
      66,000                                                (15,149)
          Hang   Lung   Properties      Ltd               Bank   of  America    Merrill    Lynch
     (287,000)                                                  13,323
          Hang   Lung   Properties      Ltd               Barclays     Bank
      (68,000)                                                 (4,735)
          Hang   Lung   Properties      Ltd
     (114,000)                               Citibank                   (7,938)
          Hang   Lung   Properties      Ltd               Goldam    Sachs
     (431,000)                                                  20,008
          Hang   Lung   Properties      Ltd               JP  Morgan
     (148,000)                                                  6,107
          Hang   Seng   Bank   Ltd                  Bank   of  America    Merrill    Lynch
      193,500                                                (336,858)
          Hang   Seng   Bank   Ltd                  Barclays     Bank
      344,800                                                (271,225)
          Hang   Seng   Bank   Ltd                  Credit    Suisse
      59,400                                                (132,515)
          Health    & Happiness     H&H  International       Holdings
                                    Barclays     Bank
      (45,500)                                                 (14,082)
          Ltd
          Health    & Happiness     H&H  International       Holdings
     (490,000)                               Citibank                  (151,649)
          Ltd
          Health    & Happiness     H&H  International       Holdings
                                    Credit    Suisse
     (181,500)                                                  (4,681)
          Ltd
          Health    & Happiness     H&H  International       Holdings
      (7,000)                              HSBC                    (181)
          Ltd
          Health    & Happiness     H&H  International       Holdings
                                    JP  Morgan
      (44,000)                                                 (1,135)
          Ltd
          Henderson     Land   Development      Co  Ltd          Bank   of  America    Merrill    Lynch
      (64,000)                                                 18,157
          Henderson     Land   Development      Co  Ltd          Barclays     Bank
      (9,000)                                                   58
          Henderson     Land   Development      Co  Ltd          Goldam    Sachs
      (77,000)                                                 21,845
          Hong   Kong   Exchanges     & Clearing     Ltd          Bank   of  America    Merrill    Lynch
      38,300                                                 87,913
          Hong   Kong   Exchanges     & Clearing     Ltd          Barclays     Bank
      51,500                                                 74,380
          Hysan   Development      Co  Ltd               Bank   of  America    Merrill    Lynch
      181,000                                                 (49,015)
          Hysan   Development      Co  Ltd               Barclays     Bank
      290,000                                                 (18,698)
          Hysan   Development      Co  Ltd               Goldam    Sachs
      278,000                                                 (75,283)
          Johnson    Electric     Holdings     Ltd            Bank   of  America    Merrill    Lynch
      110,500                                                 16,244
          Johnson    Electric     Holdings     Ltd            Barclays     Bank
      75,000                                                 3,869
          Johnson    Electric     Holdings     Ltd
      87,000                              Citibank                    4,488
          Kerry   Logistics     Network    Ltd             Goldam    Sachs
      (89,000)                                                  9,870
          Kerry   Properties      Ltd                 Bank   of  America    Merrill    Lynch
      87,000                                                (28,047)
          Kerry   Properties      Ltd                 Barclays     Bank
      330,000                                                 (69,789)
          Kerry   Properties      Ltd                 Credit    Suisse
      59,000                                                (26,629)
          Kerry   Properties      Ltd                 Goldam    Sachs
      270,500                                                 (87,205)
          Lifestyle     International       Holdings     Ltd
      368,500                              Citibank                   (9,979)
          Lifestyle     International       Holdings     Ltd         Goldam    Sachs
      380,000                                                 (29,401)
          Lifestyle     International       Holdings     Ltd
      109,000                              HSBC                   (14,759)
                                 79/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          香港（続き）
          Lifestyle     International       Holdings     Ltd         JP  Morgan
      64,000                                                 (8,666)
          MGM  China   Holdings     Ltd                Bank   of  America    Merrill    Lynch
     (310,800)                                                  (5,210)
          MGM  China   Holdings     Ltd
    (2,643,329)                                Citibank                   (88,625)
          MGM  China   Holdings     Ltd                Credit    Suisse
      (24,400)                                                  1,227
          MGM  China   Holdings     Ltd                Goldam    Sachs
     (668,000)                                                 (11,198)
          MGM  China   Holdings     Ltd                JP  Morgan
     (303,200)                                                  15,248
          Minth   Group   Ltd                   Barclays     Bank
     (216,000)                                                 (29,247)
          Minth   Group   Ltd
     (685,750)                               Citibank                   (92,851)
          Minth   Group   Ltd                   Credit    Suisse
     (142,000)                                                 (28,016)
          Minth   Group   Ltd                   Goldam    Sachs
      (94,000)                                                 (18,304)
          Minth   Group   Ltd
     (322,000)                               HSBC                   (63,530)
          Minth   Group   Ltd                   JP  Morgan
    (1,000,786)                                                  (197,453)
          MTR  Corp   Ltd                     Barclays     Bank
      (36,500)                                                  4,236
          New  World   Development      Co  Ltd             Bank   of  America    Merrill    Lynch
     (470,000)                                                  62,426
          New  World   Development      Co  Ltd             Barclays     Bank
    (1,038,000)                                                   26,771
          New  World   Development      Co  Ltd             JP  Morgan
     (216,000)                                                  36,210
          NWS  Holdings     Ltd
     (475,000)                               Citibank                   34,914
          NWS  Holdings     Ltd                   Goldam    Sachs
    (2,360,000)                                                  349,979
          NWS  Holdings     Ltd
     (290,000)                               HSBC                   62,826
          NWS  Holdings     Ltd                   JP  Morgan
      (50,000)                                                 10,832
          PCCW   Ltd                       Barclays     Bank
     1,110,000                                                   2,863
          PCCW   Ltd                       Credit    Suisse
      286,000                                                 (18,809)
          PCCW   Ltd                       Goldam    Sachs
      948,000                                                 (22,005)
          PCCW   Ltd
      749,000                              HSBC                   (49,259)
          PICC   Property     & Casualty     Co  Ltd  ’H’         JP  Morgan
      (1,000)                                                   68
          Power   Assets    Holdings     Ltd              Credit    Suisse
      27,000                                                (25,243)
          Power   Assets    Holdings     Ltd              Goldam    Sachs
      552,500                                                (520,101)
          Power   Assets    Holdings     Ltd
      37,000                              HSBC                   (34,592)
          Power   Assets    Holdings     Ltd              JP  Morgan
      48,000                                                (44,876)
          PRADA   SpA                      Bank   of  America    Merrill    Lynch
      (94,400)                                                 (52,345)
          PRADA   SpA                      Barclays     Bank
     (827,500)                                                 (320,126)
          PRADA   SpA
     (162,700)                               Citibank                   (62,942)
          PRADA   SpA                      Goldam    Sachs
     (777,900)                                                 (431,345)
          PRADA   SpA
     (521,500)                               HSBC                  (208,472)
          PRADA   SpA                      JP  Morgan
     (110,000)                                                 (43,973)
          Semiconductor       Manufacturing       International       Corpπ    JP  Morgan
        (11)                                                 －
          Shangri-La      Asia   Ltd                 Goldam    Sachs
     (632,000)                                                 (29,339)
          Shangri-La      Asia   Ltd                 JP  Morgan
     (294,000)                                                 (12,890)
          Shenzhen     International       Holdings     Ltd         JP  Morgan
       (145)                                                  41
          Shun   Tak  Holdings     Ltd                Bank   of  America    Merrill    Lynch
      528,000                                                  5,447
          Shun   Tak  Holdings     Ltd                Goldam    Sachs
      608,000                                                  6,272
          Sino   Land   Co  Ltd                   JP  Morgan
      512,000                                                (123,465)
          Sisram    Medical    Ltdπ                  JP  Morgan
        (1)                                                 －
          SJM  Holdings     Ltd                   Barclays     Bank
     (167,000)                                                 (12,060)
          SJM  Holdings     Ltd
    (1,620,000)                                Citibank                  (116,986)
                                 80/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          香港（続き）
          SJM  Holdings     Ltd                   Goldam    Sachs
    (1,507,000)                                                  (108,826)
          Sun  Hung   Kai  Properties      Ltd             Bank   of  America    Merrill    Lynch
      (10,500)                                                 10,290
          Sun  Hung   Kai  Properties      Ltd
      (18,500)                              HSBC                   31,968
          Swire   Pacific    Ltd  ’A’                Bank   of  America    Merrill    Lynch
      160,000                                                (141,333)
          Swire   Pacific    Ltd  ’A’                Barclays     Bank
      198,000                                                 (97,024)
          Swire   Pacific    Ltd  ’A’
      307,500                              Citibank                  (150,682)
          Swire   Pacific    Ltd  ’A’                Credit    Suisse
      96,000                                                (116,214)
          Swire   Pacific    Ltd  ’A’                Goldam    Sachs
      17,500                                                (15,458)
          Swire   Pacific    Ltd  ’A’
      250,000                              HSBC                  (302,889)
          Swire   Pacific    Ltd  ’A’                JP  Morgan
      110,500                                                (137,506)
          Swire   Pacific    Ltd  ’B’                Bank   of  America    Merrill    Lynch
      50,000                                                 (5,029)
          Swire   Pacific    Ltd  ’B’                Credit    Suisse
      97,500                                                (15,465)
          Swire   Pacific    Ltd  ’B’                Goldam    Sachs
      92,500                                                 (9,304)
          Swire   Properties      Ltd                 Bank   of  America    Merrill    Lynch
     (529,800)                                                 231,603
          Swire   Properties      Ltd                 Barclays     Bank
     (600,800)                                                  71,277
          Swire   Properties      Ltd
     (185,800)                               Citibank                   22,043
          Swire   Properties      Ltd
     (121,800)                               HSBC                   62,523
          Techtronic      Industries      Co  Ltd             Barclays     Bank
     (148,000)                                                 (23,856)
          Vitasoy    International       Holdings     Ltd          Barclays     Bank
     (326,000)                                                 319,495
          Vitasoy    International       Holdings     Ltd          Goldam    Sachs
      (64,000)                                                 30,124
          VTech   Holdings     Ltd
      25,700                              Citibank                    1,160
          VTech   Holdings     Ltd                  Credit    Suisse
       9,300                                                (11,693)
          VTech   Holdings     Ltd                  Goldam    Sachs
       3,400                                                (3,617)
          VTech   Holdings     Ltd                  JP  Morgan
      55,400                                                (69,654)
          Wharf   Real   Estate    Investment      Co  Ltd
    (1,214,000)                                Citibank                  (187,859)
          Wheelock     & Co  Ltd                  Barclays     Bank
      42,000                                                   －
          Wheelock     & Co  Ltd                  Credit    Suisse
      67,000                                                (46,655)
          Wheelock     & Co  Ltd
      21,000                              HSBC                   (14,623)
          Wynn   Macau   Ltd                    Bank   of  America    Merrill    Lynch
     (206,400)                                                  15,437
          Wynn   Macau   Ltd                    Barclays     Bank
     (873,200)                                                  22,520
          Wynn   Macau   Ltd
     (281,600)                               Citibank                    7,263
          Xinyi   Energy    Holdings     Ltd
      (1,600)                              Citibank                     23
          Xinyi   Glass   Holdings     Ltd               Barclays     Bank
     (170,000)                                                  1,315
          Xinyi   Glass   Holdings     Ltd
    (1,878,000)                                Citibank                   14,530
          Xinyi   Glass   Holdings     Ltd               Goldam    Sachs
    (1,760,000)                                                   65,818
          Yue  Yuen   Industrial      Holdings     Ltd           Bank   of  America    Merrill    Lynch
      99,500                                                (18,476)
          Yue  Yuen   Industrial      Holdings     Ltd           Barclays     Bank
      799,500                                                 (78,355)
          Yue  Yuen   Industrial      Holdings     Ltd           Credit    Suisse
                                                       (49,540)
      172,500
                                                     (5,575,766)
          イタリア
          A2A  SpA                       Bank   of  America    Merrill    Lynch
      369,763                                                 (3,289)
          A2A  SpA                       JP  Morgan
      31,171                                                 1,109
          ASTM   SpA                       Bank   of  America    Merrill    Lynch
        (39)                                                 (75)
          Autogrill     SpA
         6                           Citibank                      5
          Autogrill     SpA                    JP  Morgan
         3                                                 3
                                 81/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          イタリア（続き）
          Buzzi   Unicem    SpA                   Bank   of  America    Merrill    Lynch
      126,019                                                 324,394
          Buzzi   Unicem    SpA
      10,742                              Citibank                   12,781
          Buzzi   Unicem    SpA                   Goldam    Sachs
      67,011                                                172,497
          Buzzi   Unicem    SpA  - RSP                Credit    Suisse
       2,506                                                 1,616
          EXOR   NV                       Barclays     Bank
        591                                                1,827
          EXOR   NV
        187                            Citibank                     578
          EXOR   NV                       Deutsche     Bank
        614                                                3,933
          EXOR   NV                       Goldam    Sachs
        206                                                1,319
          Fiat   Chrysler     Automobiles      NV
      28,790                              HSBC                   18,046
          Fiat   Chrysler     Automobiles      NV            JP  Morgan
      41,620                                                 20,511
          Hera   SpA
      83,922                              HSBC                   23,329
          Infrastrutture        Wireless     Italiane     SpA         Bank   of  America    Merrill    Lynch
      (94,198)                                                 36,137
          Infrastrutture        Wireless     Italiane     SpA         Barclays     Bank
     (151,119)                                                  15,963
          Infrastrutture        Wireless     Italiane     SpA         Deutsche     Bank
      (45,565)                                                 17,480
          Infrastrutture        Wireless     Italiane     SpA         Goldam    Sachs
      (11,981)                                                  4,596
          Mediaset     SpA                     Bank   of  America    Merrill    Lynch
      321,207                                                 (50,003)
          Mediaset     SpA                     Barclays     Bank
      42,720                                                 4,275
          Mediaset     SpA
      892,218                              Citibank                   89,289
          Mediaset     SpA                     Credit    Suisse
      409,663                                                (105,226)
          Mediaset     SpA
      588,561                              HSBC                  (151,178)
          Mediaset     SpA                     JP  Morgan
      14,843                                                 (3,813)
          Moncler    SpA                     Deutsche     Bank
      10,310                                                 31,183
          Saipem    SpA                      Bank   of  America    Merrill    Lynch
      640,390                                                 (56,967)
          Saipem    SpA                      Barclays     Bank
     1,744,004                                                  40,724
          Saipem    SpA                      Credit    Suisse
      82,172                                                (15,807)
          Saipem    SpA                      Deutsche     Bank
      233,650                                                 (20,785)
          Saipem    SpA
      94,720                              HSBC                   (18,221)
          Saipem    SpA                      JP  Morgan
      106,177                                                 (20,425)
          Tod’s    SpA
        (7)                            Citibank                     (5)
          UnipolSai     Assicurazioni       SpA             Goldam    Sachs
                                                       22,955
     (107,520)
                                                       398,756
          日本
          77  Bank   Ltd
      (24,600)                              HSBC                   (34,762)
          ABC-Mart     Inc                     Credit    Suisse
       7,500                                                57,175
          ABC-Mart     Inc                     JP  Morgan
       3,200                                                24,395
          Acom   Co  Ltd                     Bank   of  America    Merrill    Lynch
     (206,400)                                                 (46,052)
          Acom   Co  Ltd                     Barclays     Bank
     (448,800)                                                 (87,620)
          Acom   Co  Ltd                     Goldam    Sachs
      (69,700)                                                 (15,552)
          Acom   Co  Ltd
      (40,400)                              HSBC                   (1,502)
          Acom   Co  Ltd                     JP  Morgan
      (37,900)                                                  4,338
          Advantest     Corp                    Bank   of  America    Merrill    Lynch
       3,400                                                 (316)
          Advantest     Corp                    Goldam    Sachs
      12,500                                                 (1,162)
          Aeon   Co  Ltd                     Barclays     Bank
      78,700                                                 73,165
          AEON   Financial     Service    Co  Ltd            Bank   of  America    Merrill    Lynch
      24,300                                                 40,890
          AEON   Financial     Service    Co  Ltd            Barclays     Bank
      87,700                                                110,884
                                 82/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          日本（続き）
          AEON   Financial     Service    Co  Ltd            Credit    Suisse
       7,400                                                 9,563
          AEON   Financial     Service    Co  Ltd            Goldam    Sachs
      126,700                                                 213,199
          AEON   Financial     Service    Co  Ltd
      15,400                              HSBC                   19,901
          AEON   Financial     Service    Co  Ltd            JP  Morgan
        800                                                1,034
          Aeon   Mall   Co  Ltd                   Barclays     Bank
      (22,500)                                                 (7,530)
          Aeon   Mall   Co  Ltd                   Credit    Suisse
      (10,000)                                                 (8,367)
          Aeon   Mall   Co  Ltd                   Goldam    Sachs
      (13,500)                                                 (3,640)
          Aeon   Mall   Co  Ltd                   JP  Morgan
      (13,400)                                                 (11,212)
          AGC  Inc                       Bank   of  America    Merrill    Lynch
      66,500                                                233,691
          AGC  Inc                       Credit    Suisse
      15,400                                                 54,834
          AGC  Inc                       Goldam    Sachs
       5,800                                                20,382
          AGC  Inc
      22,300                              HSBC                   79,402
          Aica   Kogyo   Co  Ltd                  Barclays     Bank
      (13,100)                                                 (18,268)
          Ain  Holdings     Inc                   Bank   of  America    Merrill    Lynch
      (30,200)                                                (137,573)
          Ain  Holdings     Inc                   Goldam    Sachs
      (29,300)                                                (133,473)
          Air  Water   Inc                    Goldam    Sachs
     (113,600)                                                 (49,637)
          Aisin   Seiki   Co  Ltd                  Bank   of  America    Merrill    Lynch
      (36,900)                                                (108,060)
          Aisin   Seiki   Co  Ltd                  Barclays     Bank
      (16,100)                                                 (27,690)
          Aisin   Seiki   Co  Ltd
      (2,700)                              Citibank                   (4,644)
          Aisin   Seiki   Co  Ltd                  Credit    Suisse
      (6,100)                                                (18,998)
          Aisin   Seiki   Co  Ltd                  Deutsche     Bank
      (4,900)                                                (14,349)
          Aisin   Seiki   Co  Ltd                  Goldam    Sachs
      (4,600)                                                (13,471)
          Aisin   Seiki   Co  Ltd
      (35,200)                              HSBC                  (109,627)
          Aisin   Seiki   Co  Ltd                  JP  Morgan
      (9,000)                                                (28,030)
          Ajinomoto     Co  Inc                   Bank   of  America    Merrill    Lynch
      10,000                                                 (8,460)
          Ajinomoto     Co  Inc                   Goldam    Sachs
      91,300                                                (77,240)
          Alfresa    Holdings     Corp                 Barclays     Bank
      12,900                                                 14,631
          Alps   Alpine    Co  Ltd                  Bank   of  America    Merrill    Lynch
      96,600                                                137,403
          Alps   Alpine    Co  Ltd
      47,500                              Citibank                   53,874
          Alps   Alpine    Co  Ltd                  Goldam    Sachs
      16,400                                                 23,327
          Alps   Alpine    Co  Ltd
      48,200                              HSBC                   80,658
          Alps   Alpine    Co  Ltd                  JP  Morgan
      43,900                                                 73,463
          Amada   Co  Ltd                     Bank   of  America    Merrill    Lynch
      39,200                                                  (364)
          Amada   Co  Ltd                     Barclays     Bank
      164,000                                                 118,923
          Amada   Co  Ltd
      34,400                              Citibank                   24,945
          Amada   Co  Ltd                     Credit    Suisse
      120,700                                                 (14,587)
          Amada   Co  Ltd                     Goldam    Sachs
      225,100                                                 (2,093)
          Amada   Co  Ltd
       3,700                             HSBC                    (447)
          Amada   Co  Ltd                     JP  Morgan
      390,500                                                 (47,195)
          Amano   Corp                      Bank   of  America    Merrill    Lynch
      81,400                                                110,486
          Amano   Corp                      Barclays     Bank
      16,100                                                 12,274
          Amano   Corp                      Credit    Suisse
      12,000                                                 13,053
          Amano   Corp                      Goldam    Sachs
      56,600                                                 76,824
          Amano   Corp
      33,600                              HSBC                   32,010
          Amano   Corp                      JP  Morgan
      18,800                                                 21,836
                                 83/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          日本（続き）
          ANA  Holdings     Inc                   Barclays     Bank
      (14,900)                                                 (28,050)
          ANA  Holdings     Inc
      (6,400)                              Citibank                   (12,049)
          ANA  Holdings     Inc                   Goldam    Sachs
     (267,900)                                                 (709,817)
          ANA  Holdings     Inc                   JP  Morgan
      (52,600)                                                (201,960)
          Anritsu    Corp                     Goldam    Sachs
      41,900                                                (23,761)
          Anritsu    Corp
      22,300                              HSBC                   (18,120)
          Aozora    Bank   Ltd                   Bank   of  America    Merrill    Lynch
      100,900                                                 208,244
          Aozora    Bank   Ltd                   Barclays     Bank
       7,000                                                12,365
          Aozora    Bank   Ltd
       7,400                             Citibank                   13,071
          Aozora    Bank   Ltd                   Credit    Suisse
      21,200                                                 21,089
          Aozora    Bank   Ltd
      11,700                              HSBC                    8,772
          Aozora    Bank   Ltd                   JP  Morgan
      14,900                                                 20,739
          Ariake    Japan   Co  Ltd                 Bank   of  America    Merrill    Lynch
      (4,500)                                                (19,244)
          Ariake    Japan   Co  Ltd                 Barclays     Bank
      (5,100)                                                 (4,741)
          Ariake    Japan   Co  Ltd                 Credit    Suisse
      (8,000)                                                (93,711)
          Ariake    Japan   Co  Ltd                 Goldam    Sachs
      (14,700)                                                 (62,864)
          Ariake    Japan   Co  Ltd
      (33,600)                              HSBC                  (393,585)
          Ariake    Japan   Co  Ltd                 JP  Morgan
      (7,800)                                                (91,368)
          Asahi   Group   Holdings     Ltd               Barclays     Bank
       5,100                                                18,254
          Asahi   Group   Holdings     Ltd               Goldam    Sachs
      37,600                                                144,367
          Asahi   Intecc    Co  Ltd
      (19,400)                              HSBC                   (94,146)
          Asahi   Kasei   Corp                   Bank   of  America    Merrill    Lynch
      (46,100)                                                 (42,901)
          Asahi   Kasei   Corp                   Barclays     Bank
      (3,000)                                                 (2,284)
          Asahi   Kasei   Corp                   Goldam    Sachs
      (89,900)                                                 (83,661)
          Asahi   Kasei   Corp
      (16,800)                              HSBC                   (16,977)
          Asahi   Kasei   Corp                   JP  Morgan
      (16,300)                                                 (16,472)
          Asics   Corp                      Bank   of  America    Merrill    Lynch
      (58,900)                                                 (78,851)
          Asics   Corp                      Barclays     Bank
      (60,400)                                                 (41,553)
          Asics   Corp                      Goldam    Sachs
      (18,700)                                                 (25,034)
          ASKUL   Corp                      Credit    Suisse
       8,700                                                 (404)
          ASKUL   Corp                      Goldam    Sachs
      13,600                                                (27,184)
          Astellas     Pharma    Inc                 Bank   of  America    Merrill    Lynch
      96,200                                                166,795
          Astellas     Pharma    Inc
       9,900                             Citibank                   18,039
          Astellas     Pharma    Inc                 Credit    Suisse
      415,300                                                 306,943
          Astellas     Pharma    Inc                 Goldam    Sachs
      25,900                                                 44,906
          Astellas     Pharma    Inc
      30,900                              HSBC                   22,838
          Astellas     Pharma    Inc                 JP  Morgan
      150,000                                                 110,863
          Autobacs     Seven   Co  Ltd                JP  Morgan
      226,900                                                 40,079
          Azbil   Corp                      Bank   of  America    Merrill    Lynch
      127,600                                                 24,911
          Azbil   Corp                      Barclays     Bank
       9,000                                                 4,686
          Azbil   Corp                      Credit    Suisse
      45,700                                                (42,061)
          Azbil   Corp                      Goldam    Sachs
      68,100                                                 13,295
          Azbil   Corp
      11,700                              HSBC                   (10,768)
          Bank   of  Kyoto   Ltd                  Bank   of  America    Merrill    Lynch
      (1,100)                                                 (3,681)
          Bank   of  Kyoto   Ltd
      (6,600)                              Citibank                   (11,351)
                                 84/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          日本（続き）
          Bank   of  Kyoto   Ltd                  Credit    Suisse
      (7,700)                                                (15,391)
          Bank   of  Kyoto   Ltd                  JP  Morgan
      (15,900)                                                 (31,781)
          Benefit    One  Inc                   Barclays     Bank
      (30,800)                                                 (35,506)
          Benefit    One  Inc                   Goldam    Sachs
      (72,600)                                                (154,561)
          Benefit    One  Inc
      (28,600)                              HSBC                  (103,402)
          Benefit    One  Inc                   JP  Morgan
      (49,400)                                                (192,429)
          Benesse    Holdings     Inc                 Bank   of  America    Merrill    Lynch
      96,100                                                (123,291)
          Benesse    Holdings     Inc                 Barclays     Bank
      140,800                                                (304,991)
          Benesse    Holdings     Inc                 Goldam    Sachs
      58,800                                                (75,437)
          Bic  Camera    Inc                    Bank   of  America    Merrill    Lynch
      (14,400)                                                 (15,797)
          Bic  Camera    Inc                    Barclays     Bank
      (17,000)                                                 (9,641)
          Bic  Camera    Inc
      (28,700)                              HSBC                   (30,603)
          Bridgestone      Corp                   Barclays     Bank
      145,200                                                 431,962
          Bridgestone      Corp
      54,100                              Citibank                   160,945
          Bridgestone      Corp                   Credit    Suisse
      88,800                                                226,200
          Bridgestone      Corp                   Goldam    Sachs
      47,700                                                172,503
          Brother    Industries      Ltd                Bank   of  America    Merrill    Lynch
      125,900                                                 196,636
          Brother    Industries      Ltd                Barclays     Bank
      114,200                                                 146,512
          Brother    Industries      Ltd
      75,500                              Citibank                   96,862
          Brother    Industries      Ltd                Credit    Suisse
      129,600                                                 265,068
          Brother    Industries      Ltd                Goldam    Sachs
      49,900                                                 77,936
          Brother    Industries      Ltd
      50,400                              HSBC                   103,082
          Brother    Industries      Ltd                JP  Morgan
      57,700                                                118,012
          Calbee    Inc                      Bank   of  America    Merrill    Lynch
      33,000                                                 52,768
          Calbee    Inc                      Barclays     Bank
      28,900                                                 33,853
          Calbee    Inc                      Goldam    Sachs
      93,700                                                149,829
          Canon   Inc                      Bank   of  America    Merrill    Lynch
      (5,600)                                                 (3,566)
          Canon   Marketing     Japan   Inc              Bank   of  America    Merrill    Lynch
      53,900                                                 59,129
          Canon   Marketing     Japan   Inc
      36,300                              Citibank                   47,583
          Canon   Marketing     Japan   Inc              Credit    Suisse
      43,000                                                 23,985
          Canon   Marketing     Japan   Inc
       6,200                             HSBC                    3,458
          Canon   Marketing     Japan   Inc              JP  Morgan
      27,100                                                 15,116
          Capcom    Co  Ltd                    Bank   of  America    Merrill    Lynch
      (3,900)                                                (10,515)
          Capcom    Co  Ltd                    Goldam    Sachs
      (15,500)                                                 (41,789)
          Capcom    Co  Ltd
      (4,700)                              HSBC                   (18,352)
          Casio   Computer     Co  Ltd                Barclays     Bank
      (23,500)                                                 (55,492)
          Casio   Computer     Co  Ltd                Goldam    Sachs
      (7,500)                                                (19,802)
          Casio   Computer     Co  Ltd                JP  Morgan
      (41,000)                                                 (85,244)
          Central    Japan   Railway    Co              Barclays     Bank
       (400)                                                (3,812)
          Central    Japan   Railway    Co              Goldam    Sachs
      (4,800)                                                (39,492)
          Chiba   Bank   Ltd                    Bank   of  America    Merrill    Lynch
      61,200                                                 38,689
          Chiba   Bank   Ltd                    Credit    Suisse
      24,500                                                 4,783
          Chiba   Bank   Ltd                    Goldam    Sachs
      129,000                                                 81,551
          Chiba   Bank   Ltd                    JP  Morgan
      13,100                                                 2,558
          Chubu   Electric     Power   Co  Inc             Bank   of  America    Merrill    Lynch
     (175,600)                                                 (13,060)
                                 85/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          日本（続き）
          Chubu   Electric     Power   Co  Inc             Barclays     Bank
      (95,200)                                                 (25,224)
          Chugai    Pharmaceutical        Co  Ltd             Bank   of  America    Merrill    Lynch
        600                                               15,535
          Chugai    Pharmaceutical        Co  Ltd             Goldam    Sachs
      18,200                                                471,222
          Chugoku    Bank   Ltd                   Bank   of  America    Merrill    Lynch
      (78,100)                                                 (39,208)
          Chugoku    Bank   Ltd                   Barclays     Bank
      (52,100)                                                 (18,406)
          Chugoku    Bank   Ltd                   Credit    Suisse
     (103,500)                                                  25,017
          Chugoku    Bank   Ltd                   Goldam    Sachs
      (38,100)                                                 (19,127)
          Chugoku    Electric     Power   Co  Inc            Bank   of  America    Merrill    Lynch
      (25,600)                                                  (952)
          Chugoku    Electric     Power   Co  Inc            Barclays     Bank
      (50,300)                                                  3,273
          Citizen    Watch   Co  Ltd                 Bank   of  America    Merrill    Lynch
      100,900                                                 40,336
          Citizen    Watch   Co  Ltd                 Barclays     Bank
      264,800                                                 71,391
          Citizen    Watch   Co  Ltd
      155,600                              Citibank                   41,950
          Citizen    Watch   Co  Ltd                 Credit    Suisse
      137,000                                                 17,831
          Citizen    Watch   Co  Ltd                 Goldam    Sachs
      37,400                                                 14,951
          Citizen    Watch   Co  Ltd                 JP  Morgan
      161,600                                                 21,033
          Coca-Cola     Bottlers     Japan   Holdings     Inc        Bank   of  America    Merrill    Lynch
      (44,400)                                                (113,513)
          Coca-Cola     Bottlers     Japan   Holdings     Inc
      (36,900)                              Citibank                   (89,879)
          Coca-Cola     Bottlers     Japan   Holdings     Inc
      (8,500)                              HSBC                   (13,908)
          COMSYS    Holdings     Corp                 Bank   of  America    Merrill    Lynch
      13,000                                                 (2,417)
          COMSYS    Holdings     Corp                 Goldam    Sachs
      13,000                                                 (2,417)
          Concordia     Financial     Group   Ltd            Bank   of  America    Merrill    Lynch
     (160,100)                                                 (59,536)
          Concordia     Financial     Group   Ltd            Barclays     Bank
      (22,100)                                                 (8,013)
          Concordia     Financial     Group   Ltd            Credit    Suisse
      (49,600)                                                 (12,911)
          Concordia     Financial     Group   Ltd            Goldam    Sachs
     (117,000)                                                 (43,509)
          Cosmos    Pharmaceutical        Corp              Bank   of  America    Merrill    Lynch
       3,800                                                41,333
          Cosmos    Pharmaceutical        Corp              Barclays     Bank
      15,800                                                 69,037
          Cosmos    Pharmaceutical        Corp
       1,000                             Citibank                    4,369
          Cosmos    Pharmaceutical        Corp              Goldam    Sachs
       4,800                                                52,210
          Credit    Saison    Co  Ltd                 Barclays     Bank
     (138,300)                                                 (191,574)
          Credit    Saison    Co  Ltd                 JP  Morgan
      (13,500)                                                 (10,500)
          CyberAgent      Inc                    Bank   of  America    Merrill    Lynch
      (27,100)                                                (137,308)
          CyberAgent      Inc                    Barclays     Bank
      (67,300)                                                (100,107)
          CyberAgent      Inc                    Goldam    Sachs
      (15,200)                                                 (77,014)
          Dai  Nippon    Printing     Co  Ltd              Bank   of  America    Merrill    Lynch
      21,200                                                 72,923
          Dai  Nippon    Printing     Co  Ltd              Goldam    Sachs
      44,200                                                152,038
          Daicel    Corp                      Bank   of  America    Merrill    Lynch
      32,100                                                 15,518
          Daicel    Corp                      Credit    Suisse
      53,500                                                 23,377
          Daicel    Corp                      Goldam    Sachs
      23,700                                                 11,457
          Daido   Steel   Co  Ltd                  Bank   of  America    Merrill    Lynch
      (12,800)                                                 (25,585)
          Daido   Steel   Co  Ltd                  Barclays     Bank
      (13,600)                                                 (54,999)
          Daido   Steel   Co  Ltd
      (8,900)                              Citibank                   (35,992)
          Daido   Steel   Co  Ltd                  Credit    Suisse
      (20,300)                                                 (28,308)
          Daido   Steel   Co  Ltd                  Deutsche     Bank
      (8,600)                                                (17,190)
          Daido   Steel   Co  Ltd                  JP  Morgan
      (5,200)                                                 (7,251)
          Daifuku    Co  Ltd                    Bank   of  America    Merrill    Lynch
      (16,600)                                                 (72,533)
                                 86/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          日本（続き）
          Daifuku    Co  Ltd
      (35,400)                              Citibank                   (36,201)
          Daifuku    Co  Ltd                    Credit    Suisse
      (48,400)                                                (409,464)
          Daifuku    Co  Ltd
      (2,100)                              HSBC                   (17,766)
          Dai-ichi     Life   Holdings     Inc              Goldam    Sachs
     (377,200)                                                 (398,012)
          Dai-ichi     Life   Holdings     Inc
      (36,200)                              HSBC                   (35,842)
          Daiichi    Sankyo    Co  Ltd                Bank   of  America    Merrill    Lynch
      (3,300)                                                (50,713)
          Daiichi    Sankyo    Co  Ltd                Barclays     Bank
      (9,500)                                                (133,626)
          Daiichi    Sankyo    Co  Ltd                Goldam    Sachs
      (3,700)                                                (56,860)
          Daiichikosho       Co  Ltd                 Bank   of  America    Merrill    Lynch
      45,700                                                165,695
          Daiichikosho       Co  Ltd                 Barclays     Bank
       6,400                                                10,412
          Daiichikosho       Co  Ltd                 Credit    Suisse
      34,100                                                131,562
          Daiichikosho       Co  Ltd                 Goldam    Sachs
       8,900                                                32,269
          Daiichikosho       Co  Ltd
      21,500                              HSBC                   82,950
          Daiichikosho       Co  Ltd                 JP  Morgan
      29,200                                                108,278
          Daikin    Industries      Ltd
       1,600                             Citibank                   15,618
          Daishi    Hokuetsu     Financial     Group   Inc         Bank   of  America    Merrill    Lynch
      (3,300)                                                 (2,945)
          Daishi    Hokuetsu     Financial     Group   Inc         Barclays     Bank
      (20,600)                                                 (30,450)
          Daishi    Hokuetsu     Financial     Group   Inc         Goldam    Sachs
      (12,900)                                                 (11,513)
          Daishi    Hokuetsu     Financial     Group   Inc
      (11,800)                              HSBC                   (2,848)
          Daito   Trust   Construction       Co  Ltd           Barclays     Bank
      (2,600)                                                (18,612)
          Daito   Trust   Construction       Co  Ltd           Credit    Suisse
      (5,000)                                                (37,884)
          Daito   Trust   Construction       Co  Ltd           Goldam    Sachs
      (2,200)                                                (20,044)
          Daiwa   House   Industry     Co  Ltd             Bank   of  America    Merrill    Lynch
      (41,100)                                                (108,706)
          Daiwa   House   Industry     Co  Ltd             Barclays     Bank
      (63,700)                                                 (91,199)
          Daiwa   House   Industry     Co  Ltd
      (11,300)                              Citibank                   (16,178)
          Daiwa   House   Industry     Co  Ltd             Credit    Suisse
      (5,800)                                                 2,642
          Daiwa   House   Industry     Co  Ltd             Goldam    Sachs
      (34,600)                                                 (91,514)
          Daiwa   House   Industry     Co  Ltd
      (12,300)                              HSBC                    5,603
          Daiwa   House   Industry     Co  Ltd             JP  Morgan
      (4,800)                                                 2,187
          Daiwa   Securities      Group   Inc              Barclays     Bank
     (101,800)                                                 (29,812)
          Daiwa   Securities      Group   Inc              Credit    Suisse
      (28,600)                                                 (7,745)
          Daiwa   Securities      Group   Inc              JP  Morgan
      (99,600)                                                 (13,611)
          DeNA   Co  Ltd                     Bank   of  America    Merrill    Lynch
      129,700                                                 94,051
          DeNA   Co  Ltd                     Barclays     Bank
      53,300                                                 21,803
          DeNA   Co  Ltd
       9,400                             Citibank                    3,845
          DeNA   Co  Ltd                     Credit    Suisse
      120,100                                                 193,160
          DeNA   Co  Ltd                     Goldam    Sachs
      79,500                                                 57,649
          DeNA   Co  Ltd
      32,100                              HSBC                   51,627
          Denka   Co  Ltd                     Bank   of  America    Merrill    Lynch
      27,400                                                 (9,934)
          Denka   Co  Ltd                     Barclays     Bank
      10,400                                                 5,511
          Denka   Co  Ltd
      33,600                              Citibank                   17,805
          Denka   Co  Ltd                     Credit    Suisse
      18,100                                                  (978)
          Denka   Co  Ltd                     JP  Morgan
      17,700                                                  (471)
          Denso   Corp                      Bank   of  America    Merrill    Lynch
      33,300                                                125,380
          Denso   Corp                      Barclays     Bank
      100,200                                                 299,021
                                 87/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          日本（続き）
          Denso   Corp                      Goldam    Sachs
      45,100                                                169,809
          Dentsu    Group   Inc                   Barclays     Bank
      23,300                                                137,549
          Dentsu    Group   Inc
      32,800                              Citibank                   193,632
          Dentsu    Group   Inc
      22,100                              HSBC                   131,698
          Dentsu    Group   Inc                   JP  Morgan
       7,000                                                38,849
          DIC  Corp
       2,500                             HSBC                    9,554
          Disco   Corp                      Bank   of  America    Merrill    Lynch
      (5,800)                                                 54,460
          Disco   Corp                      Goldam    Sachs
      (4,300)                                                 40,376
          DMG  Mori   Co  Ltd                   Bank   of  America    Merrill    Lynch
      88,700                                                124,517
          DMG  Mori   Co  Ltd                   Barclays     Bank
      119,000                                                 140,501
          DMG  Mori   Co  Ltd
      13,900                              Citibank                   16,411
          DMG  Mori   Co  Ltd                   Credit    Suisse
      86,300                                                143,613
          DMG  Mori   Co  Ltd                   Goldam    Sachs
      445,000                                                 624,692
          DMG  Mori   Co  Ltd
      50,100                              HSBC                   83,372
          DMG  Mori   Co  Ltd                   JP  Morgan
      76,300                                                126,972
          East   Japan   Railway    Co                Barclays     Bank
      32,100                                                182,039
          East   Japan   Railway    Co
       4,100                             Citibank                   23,251
          East   Japan   Railway    Co                Goldam    Sachs
      29,300                                                161,529
          East   Japan   Railway    Co
       7,900                             HSBC                   38,569
          Ebara   Corp                      Bank   of  America    Merrill    Lynch
       7,800                                                21,609
          Ebara   Corp                      Barclays     Bank
      19,100                                                 43,326
          Ebara   Corp                      Goldam    Sachs
      73,600                                                203,903
          Ebara   Corp
       5,300                             HSBC                   14,743
          Eisai   Co  Ltd                     Bank   of  America    Merrill    Lynch
      (9,400)                                                (85,991)
          Eisai   Co  Ltd                     Goldam    Sachs
      (5,200)                                                (47,569)
          Electric     Power   Development      Co  Ltd          Bank   of  America    Merrill    Lynch
      (87,500)                                                 (95,988)
          Electric     Power   Development      Co  Ltd          Barclays     Bank
      (22,300)                                                 (28,402)
          Electric     Power   Development      Co  Ltd          Credit    Suisse
      (22,500)                                                 (11,714)
          Electric     Power   Development      Co  Ltd          Goldam    Sachs
      (47,500)                                                 (52,108)
          Ezaki   Glico   Co  Ltd                  Bank   of  America    Merrill    Lynch
      21,600                                                 22,089
          Ezaki   Glico   Co  Ltd                  Barclays     Bank
      10,700                                                 20,890
          Ezaki   Glico   Co  Ltd                  Credit    Suisse
      23,800                                                 89,611
          Ezaki   Glico   Co  Ltd                  Goldam    Sachs
      23,100                                                 23,623
          Ezaki   Glico   Co  Ltd
       1,000                             HSBC                    3,765
          FamilyMart      Co  Ltd                  Bank   of  America    Merrill    Lynch
      (33,600)                                                 (69,971)
          FamilyMart      Co  Ltd                  Barclays     Bank
      (21,100)                                                 (40,409)
          FamilyMart      Co  Ltd                  Goldam    Sachs
      (44,000)                                                 (91,628)
          Fancl   Corp                      Barclays     Bank
      13,200                                                 (1,841)
          Fancl   Corp                      JP  Morgan
      10,100                                                 2,112
          FANUC   Corp                      Bank   of  America    Merrill    Lynch
      (11,000)                                                (183,563)
          FANUC   Corp                      Credit    Suisse
      (6,700)                                                (81,286)
          FANUC   Corp
      (1,300)                              HSBC                   (15,772)
          FANUC   Corp                      JP  Morgan
       (700)                                                (9,515)
          Fast   Retailing     Co  Ltd                Barclays     Bank
       (900)                                               (63,004)
          Fast   Retailing     Co  Ltd
      (4,400)                              Citibank                  (308,018)
                                 88/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          日本（続き）
          Fast   Retailing     Co  Ltd                Credit    Suisse
      (1,600)                                                (127,923)
          Fast   Retailing     Co  Ltd                Goldam    Sachs
      (1,800)                                                (158,639)
          FP  Corp                        Goldam    Sachs
       3,800                                                 4,946
          FP  Corp
       2,700                             HSBC                   (6,526)
          Fuji   Electric     Co  Ltd                 Bank   of  America    Merrill    Lynch
      (7,300)                                                (12,759)
          Fuji   Electric     Co  Ltd                 Barclays     Bank
       (800)                                                (1,130)
          Fuji   Electric     Co  Ltd                 Credit    Suisse
      (3,000)                                                 (5,773)
          Fuji   Electric     Co  Ltd                 Goldam    Sachs
      (35,000)                                                 (61,172)
          Fuji   Media   Holdings     Inc               Bank   of  America    Merrill    Lynch
      310,800                                                 288,942
          Fuji   Media   Holdings     Inc               Barclays     Bank
      218,900                                                 122,103
          Fuji   Media   Holdings     Inc               Credit    Suisse
      131,300                                                 (1,221)
          Fuji   Media   Holdings     Inc               Goldam    Sachs
      105,300                                                 97,894
          Fuji   Media   Holdings     Inc
      68,600                              HSBC                    (638)
          Fuji   Media   Holdings     Inc               JP  Morgan
      28,600                                                  (266)
          Fuji   Oil  Holdings     Inc                Bank   of  America    Merrill    Lynch
      (48,500)                                                 (85,669)
          Fuji   Oil  Holdings     Inc                Barclays     Bank
      (10,000)                                                 (17,292)
          Fuji   Oil  Holdings     Inc
      (18,300)                              Citibank                   (31,644)
          Fuji   Oil  Holdings     Inc                Credit    Suisse
      (51,100)                                                (176,248)
          Fuji   Oil  Holdings     Inc
      (7,000)                              HSBC                   (24,144)
          Fuji   Oil  Holdings     Inc                JP  Morgan
      (36,100)                                                (124,512)
          Fuji   Seal   International       Inc             Barclays     Bank
       8,800                                                20,371
          Fuji   Seal   International       Inc             Credit    Suisse
       9,500                                                32,678
          Fuji   Seal   International       Inc             Goldam    Sachs
      43,700                                                 58,502
          FUJIFILM     Holdings     Corp                Bank   of  America    Merrill    Lynch
      (6,300)                                                 8,610
          FUJIFILM     Holdings     Corp                Barclays     Bank
      (5,200)                                                 (1,740)
          FUJIFILM     Holdings     Corp                Goldam    Sachs
      (10,600)                                                 14,486
          Fujikura     Ltd                     Bank   of  America    Merrill    Lynch
      258,400                                                 36,034
          Fujikura     Ltd                     Barclays     Bank
      178,100                                                 (3,311)
          Fujikura     Ltd                     Credit    Suisse
      487,300                                                 49,833
          Fujikura     Ltd                     Goldam    Sachs
      198,100                                                 27,625
          Fujitsu    General    Ltd                 Bank   of  America    Merrill    Lynch
      (98,900)                                                (163,661)
          Fujitsu    General    Ltd                 Credit    Suisse
      (26,500)                                                 (77,112)
          Fujitsu    General    Ltd                 Goldam    Sachs
     (164,700)                                                 (272,548)
          Fujitsu    General    Ltd
      (80,200)                              HSBC                  (233,371)
          Fujitsu    General    Ltd                 JP  Morgan
      (4,100)                                                (11,930)
          Fujitsu    Ltd                     Bank   of  America    Merrill    Lynch
      13,700                                                 86,608
          Fujitsu    Ltd                     Barclays     Bank
        300                                                1,604
          Fujitsu    Ltd                     Goldam    Sachs
      45,700                                                288,904
          Fukuoka    Financial     Group   Inc             Bank   of  America    Merrill    Lynch
      (59,500)                                                (114,503)
          Fukuoka    Financial     Group   Inc             Barclays     Bank
      (78,500)                                                (102,901)
          Fukuoka    Financial     Group   Inc             Credit    Suisse
      (17,500)                                                 (29,122)
          Fukuoka    Financial     Group   Inc             Goldam    Sachs
      (43,100)                                                 (82,942)
          Fukuoka    Financial     Group   Inc
      (17,100)                              HSBC                   (28,456)
          Fukuyama     Transporting       Co  Ltd             Bank   of  America    Merrill    Lynch
      (27,800)                                                 (71,073)
          Fukuyama     Transporting       Co  Ltd
      (3,800)                              Citibank                   (8,832)
                                 89/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          日本（続き）
          Fukuyama     Transporting       Co  Ltd             Credit    Suisse
      (17,900)                                                 26,626
          Furukawa     Electric     Co  Ltd               Bank   of  America    Merrill    Lynch
      53,700                                                310,523
          Furukawa     Electric     Co  Ltd               Barclays     Bank
       2,900                                                 4,637
          Furukawa     Electric     Co  Ltd               Goldam    Sachs
      34,100                                                197,185
          Fuyo   General    Lease   Co  Ltd              Bank   of  America    Merrill    Lynch
       7,300                                                37,326
          Fuyo   General    Lease   Co  Ltd              Barclays     Bank
        300                                                1,116
          Fuyo   General    Lease   Co  Ltd              Goldam    Sachs
       9,800                                                50,109
          Glory   Ltd                      Bank   of  America    Merrill    Lynch
      83,700                                                139,286
          Glory   Ltd                      Barclays     Bank
      10,700                                                 15,021
          Glory   Ltd
      52,900                              Citibank                   74,261
          Glory   Ltd                      Credit    Suisse
      53,700                                                 54,916
          Glory   Ltd
      15,700                              HSBC                   16,055
          Glory   Ltd                      JP  Morgan
      40,300                                                 41,212
          GMO  internet     Inc                   Bank   of  America    Merrill    Lynch
      (25,300)                                                 (46,336)
          GMO  internet     Inc                   JP  Morgan
      (5,100)                                                 (4,898)
          GMO  Payment    Gateway    Inc               Bank   of  America    Merrill    Lynch
      (20,200)                                                (200,939)
          GMO  Payment    Gateway    Inc               Barclays     Bank
      (23,300)                                                 (60,652)
          GMO  Payment    Gateway    Inc               Goldam    Sachs
      (5,900)                                                (58,690)
          GMO  Payment    Gateway    Inc               JP  Morgan
      (9,400)                                                (203,616)
          Goldwin    Inc                     Credit    Suisse
      (4,600)                                                (52,057)
          Goldwin    Inc                     JP  Morgan
      (2,200)                                                (24,952)
          GS  Yuasa   Corp                     Bank   of  America    Merrill    Lynch
      33,300                                                 89,469
          GS  Yuasa   Corp                     Credit    Suisse
      310,000                                                1,083,624
          GS  Yuasa   Corp                     Goldam    Sachs
      38,500                                                103,440
          GungHo    Online    Entertainment       Inc           Bank   of  America    Merrill    Lynch
      10,600                                                 5,026
          GungHo    Online    Entertainment       Inc           Barclays     Bank
      29,900                                                 2,502
          GungHo    Online    Entertainment       Inc
       8,900                             Citibank                     745
          GungHo    Online    Entertainment       Inc           Goldam    Sachs
      33,600                                                 15,931
          Gunma   Bank   Ltd                    Barclays     Bank
     (130,200)                                                 (48,417)
          Gunma   Bank   Ltd                    Credit    Suisse
      (68,400)                                                 (2,544)
          H2O  Retailing     Corp                  Goldam    Sachs
      47,700                                                 19,955
          H2O  Retailing     Corp                  JP  Morgan
      20,300                                                 8,681
          Hachijuni     Bank   Ltd                  Credit    Suisse
      (53,100)                                                 (17,278)
          Hachijuni     Bank   Ltd                  Deutsche     Bank
      (76,100)                                                 (36,081)
          Hachijuni     Bank   Ltd                  JP  Morgan
      (59,300)                                                 (19,295)
          Hakuhodo     DY  Holdings     Inc               Bank   of  America    Merrill    Lynch
      48,900                                                103,196
          Hakuhodo     DY  Holdings     Inc               Barclays     Bank
      54,100                                                 99,081
          Hakuhodo     DY  Holdings     Inc
      31,300                              Citibank                   57,324
          Hakuhodo     DY  Holdings     Inc               Credit    Suisse
      14,900                                                 24,657
          Hakuhodo     DY  Holdings     Inc               Goldam    Sachs
      25,600                                                 54,025
          Hakuhodo     DY  Holdings     Inc
      14,300                              HSBC                   23,664
          Hakuhodo     DY  Holdings     Inc               JP  Morgan
      12,700                                                 21,016
          Hamamatsu     Photonics     KK               Barclays     Bank
      (3,300)                                                 (9,357)
          Hamamatsu     Photonics     KK
      (2,600)                              HSBC                   (2,319)
          Hankyu    Hanshin    Holdings     Inc             Bank   of  America    Merrill    Lynch
      62,100                                                158,764
                                 90/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          日本（続き）
          Hankyu    Hanshin    Holdings     Inc             Barclays     Bank
      80,200                                                130,479
          Hankyu    Hanshin    Holdings     Inc             Credit    Suisse
      24,200                                                 50,621
          Hankyu    Hanshin    Holdings     Inc             Goldam    Sachs
      39,400                                                100,730
          Hankyu    Hanshin    Holdings     Inc             JP  Morgan
       1,400                                                 2,928
          Haseko    Corp                      Bank   of  America    Merrill    Lynch
      (27,200)                                                 (41,218)
          Haseko    Corp                      Barclays     Bank
     (340,300)                                                 (221,457)
          Haseko    Corp
      (42,200)                              Citibank                   (27,462)
          Haseko    Corp                      Credit    Suisse
      (26,400)                                                 (32,888)
          Haseko    Corp                      Goldam    Sachs
      (29,200)                                                 (44,249)
          Haseko    Corp
      (52,500)                              HSBC                   (65,402)
          Heiwa   Corp                      Bank   of  America    Merrill    Lynch
      (40,900)                                                  4,183
          Heiwa   Corp                      Barclays     Bank
      (15,100)                                                  (702)
          Heiwa   Corp                      Credit    Suisse
      (17,900)                                                  6,490
          Heiwa   Corp                      Goldam    Sachs
      (78,900)                                                  8,069
          Heiwa   Corp                      JP  Morgan
      (19,100)                                                  6,925
          Hikari    Tsushin    Inc                  Bank   of  America    Merrill    Lynch
      (1,800)                                                (31,962)
          Hikari    Tsushin    Inc                  Goldam    Sachs
      (5,900)                                                (104,765)
          Hikari    Tsushin    Inc
      (1,400)                              HSBC                   (18,612)
          Hino   Motors    Ltd                   Bank   of  America    Merrill    Lynch
      99,100                                                105,029
          Hino   Motors    Ltd                   Barclays     Bank
      60,500                                                 38,809
          Hino   Motors    Ltd                   Credit    Suisse
       2,700                                                 1,933
          Hino   Motors    Ltd                   Goldam    Sachs
      162,100                                                 171,798
          Hino   Motors    Ltd
      57,600                              HSBC                   41,233
          Hino   Motors    Ltd                   JP  Morgan
      55,200                                                 39,515
          Hiroshima     Bank   Ltd                  Bank   of  America    Merrill    Lynch
      (51,300)                                                 (28,138)
          Hiroshima     Bank   Ltd                  Barclays     Bank
      (47,400)                                                 (24,237)
          Hiroshima     Bank   Ltd
     (117,100)                               Citibank                   (59,875)
          Hiroshima     Bank   Ltd                  Credit    Suisse
      (45,300)                                                 (26,532)
          Hiroshima     Bank   Ltd                  Deutsche     Bank
      (51,700)                                                 (28,358)
          Hiroshima     Bank   Ltd                  Goldam    Sachs
     (223,600)                                                 (122,646)
          Hiroshima     Bank   Ltd                  JP  Morgan
      (44,500)                                                 (26,063)
          HIS  Co  Ltd                      Bank   of  America    Merrill    Lynch
      28,400                                                 93,993
          HIS  Co  Ltd                      Barclays     Bank
      113,700                                                 88,791
          HIS  Co  Ltd
      17,500                              Citibank                   13,666
          HIS  Co  Ltd                      Credit    Suisse
      13,700                                                 63,682
          HIS  Co  Ltd                      Goldam    Sachs
       5,900                                                19,527
          HIS  Co  Ltd
      16,400                              HSBC                   76,233
          Hisamitsu     Pharmaceutical        Co  Inc           Barclays     Bank
       4,900                                                22,549
          Hisamitsu     Pharmaceutical        Co  Inc           Goldam    Sachs
       3,500                                                16,920
          Hitachi    Capital    Corp                 Bank   of  America    Merrill    Lynch
      14,100                                                 42,340
          Hitachi    Capital    Corp                 Barclays     Bank
      13,200                                                 29,575
          Hitachi    Chemical     Co  Ltd               Bank   of  America    Merrill    Lynch
      17,600                                                   －
          Hitachi    Construction       Machinery     Co  Ltd        Bank   of  America    Merrill    Lynch
      (61,300)                                                (185,214)
          Hitachi    Construction       Machinery     Co  Ltd        Goldam    Sachs
      (81,100)                                                (245,038)
          Hitachi    Construction       Machinery     Co  Ltd
     (100,200)                               HSBC                  (272,007)
                                 91/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          日本（続き）
          Hitachi    Ltd                     Bank   of  America    Merrill    Lynch
      19,700                                                 67,031
          Hitachi    Ltd                     Barclays     Bank
       3,800                                                 9,009
          Hitachi    Ltd                     Credit    Suisse
      12,600                                                 29,285
          Hitachi    Ltd                     Goldam    Sachs
      18,400                                                 62,608
          Hitachi    Ltd
       8,500                             HSBC                   19,755
          Hitachi    Metals    Ltd                  Bank   of  America    Merrill    Lynch
      (31,000)                                                 (64,845)
          Hitachi    Metals    Ltd                  Barclays     Bank
      (14,900)                                                 (24,380)
          Hitachi    Transport     System    Ltd             Barclays     Bank
      10,400                                                 20,497
          Hitachi    Transport     System    Ltd
      29,400                              Citibank                   57,944
          Hitachi    Transport     System    Ltd             Credit    Suisse
      14,800                                                 50,083
          Hitachi    Transport     System    Ltd
      15,200                              HSBC                   51,437
          Hitachi    Transport     System    Ltd             JP  Morgan
      12,800                                                 43,315
          Hokuriku     Electric     Power   Co             Bank   of  America    Merrill    Lynch
      (36,800)                                                   －
          Hokuriku     Electric     Power   Co             Barclays     Bank
      (41,900)                                                 (7,012)
          Hokuriku     Electric     Power   Co             Goldam    Sachs
      (19,200)                                                   －
          Honda   Motor   Co  Ltd                  Bank   of  America    Merrill    Lynch
      (6,200)                                                (19,079)
          Honda   Motor   Co  Ltd                  Goldam    Sachs
      (31,200)                                                 (96,009)
          Honda   Motor   Co  Ltd                  JP  Morgan
      (3,300)                                                 (7,547)
          Horiba    Ltd                      Bank   of  America    Merrill    Lynch
       5,200                                                (8,702)
          Horiba    Ltd                      Barclays     Bank
       5,000                                                 7,902
          Horiba    Ltd
       4,400                             Citibank                    6,954
          Horiba    Ltd                      Credit    Suisse
       7,100                                                (9,026)
          Horiba    Ltd                      Goldam    Sachs
       6,800                                                (11,379)
          Horiba    Ltd
      18,100                              HSBC                   (22,738)
          Horiba    Ltd                      JP  Morgan
      11,600                                                (12,941)
          Hoshizaki     Corp                    Bank   of  America    Merrill    Lynch
      (2,500)                                                (14,642)
          Hoshizaki     Corp                    Barclays     Bank
      (11,400)                                                 (20,137)
          Hoshizaki     Corp                    Goldam    Sachs
      (3,600)                                                (21,085)
          House   Foods   Group   Inc                Bank   of  America    Merrill    Lynch
      55,700                                                 36,248
          House   Foods   Group   Inc                Barclays     Bank
      58,100                                                 86,422
          House   Foods   Group   Inc                Credit    Suisse
      32,300                                                 60,057
          House   Foods   Group   Inc                Goldam    Sachs
      41,900                                                 27,267
          House   Foods   Group   Inc
      19,900                              HSBC                   11,220
          Hoya   Corp                       Bank   of  America    Merrill    Lynch
      13,600                                                 54,620
          Hoya   Corp                       Credit    Suisse
      15,300                                                 33,853
          Hoya   Corp                       Goldam    Sachs
       5,600                                                22,491
          Hoya   Corp
       2,600                             HSBC                    5,753
          Hulic   Co  Ltd                     Bank   of  America    Merrill    Lynch
      (35,200)                                                 (31,415)
          Hulic   Co  Ltd                     Barclays     Bank
      (69,800)                                                 (45,424)
          Hulic   Co  Ltd
      (31,200)                              HSBC                   (20,014)
          Ibiden    Co  Ltd                    Bank   of  America    Merrill    Lynch
      (9,800)                                                 11,115
          Ibiden    Co  Ltd
     (132,600)                               HSBC                   72,732
          Ichigo    Inc                      Bank   of  America    Merrill    Lynch
     (287,200)                                                 (80,100)
          Ichigo    Inc                      Barclays     Bank
     (495,100)                                                 (73,645)
          Ichigo    Inc
      (38,200)                              Citibank                   (5,682)
                                 92/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
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                                                     （米ドル）
          日本（続き）
          Ichigo    Inc                      Credit    Suisse
     (155,200)                                                 (47,614)
          Ichigo    Inc
      (53,000)                              HSBC                   (16,260)
          Idemitsu     Kosan   Co  Ltd                Bank   of  America    Merrill    Lynch
      (65,500)                                                 34,100
          Idemitsu     Kosan   Co  Ltd                Barclays     Bank
      (45,300)                                                 45,483
          Idemitsu     Kosan   Co  Ltd                Credit    Suisse
      (21,200)                                                 10,446
          Idemitsu     Kosan   Co  Ltd                Goldam    Sachs
      (35,500)                                                 18,482
          Idemitsu     Kosan   Co  Ltd
      (38,500)                              HSBC                   18,970
          IHI  Corp                       Bank   of  America    Merrill    Lynch
      (38,000)                                                (103,510)
          IHI  Corp                       Barclays     Bank
      (40,400)                                                 (78,498)
          Iida   Group   Holdings     Co  Ltd              Bank   of  America    Merrill    Lynch
     (175,400)                                                 (344,065)
          Iida   Group   Holdings     Co  Ltd              Barclays     Bank
      (82,800)                                                (126,242)
          Iida   Group   Holdings     Co  Ltd
      (30,800)                              Citibank                   (46,960)
          Iida   Group   Holdings     Co  Ltd              Credit    Suisse
     (210,200)                                                 (328,300)
          Iida   Group   Holdings     Co  Ltd              Goldam    Sachs
     (174,900)                                                 (343,085)
          Iida   Group   Holdings     Co  Ltd              JP  Morgan
      (71,100)                                                (111,047)
          Inpex   Corp                      Bank   of  America    Merrill    Lynch
      83,900                                                 53,742
          Inpex   Corp                      Barclays     Bank
      114,600                                                 31,003
          Inpex   Corp
      36,300                              Citibank                    9,820
          Inpex   Corp                      Credit    Suisse
      23,000                                                 17,946
          Inpex   Corp                      Goldam    Sachs
      76,400                                                 48,937
          Inpex   Corp
      69,000                              HSBC                   37,654
          Isetan    Mitsukoshi      Holdings     Ltd            Bank   of  America    Merrill    Lynch
      (31,400)                                                 (21,018)
          Isetan    Mitsukoshi      Holdings     Ltd            Barclays     Bank
     (357,500)                                                 (169,502)
          Isetan    Mitsukoshi      Holdings     Ltd            Credit    Suisse
      (73,100)                                                 (62,594)
          Isetan    Mitsukoshi      Holdings     Ltd            Goldam    Sachs
      (89,100)                                                 (59,640)
          Isetan    Mitsukoshi      Holdings     Ltd            JP  Morgan
     (277,900)                                                 (222,186)
          Isuzu   Motors    Ltd                   Bank   of  America    Merrill    Lynch
     (179,900)                                                 (252,042)
          Isuzu   Motors    Ltd                   Barclays     Bank
     (136,200)                                                 (162,835)
          Isuzu   Motors    Ltd                   Goldam    Sachs
      (98,000)                                                (137,299)
          Ito  En  Ltd                      Bank   of  America    Merrill    Lynch
      53,700                                                 59,908
          Ito  En  Ltd                      Barclays     Bank
        300                                                 446
          Ito  En  Ltd
      45,500                              Citibank                   67,680
          Ito  En  Ltd                      Credit    Suisse
      26,000                                                 36,257
          Ito  En  Ltd                      JP  Morgan
       5,800                                                 8,088
          ITOCHU    Corp                      Bank   of  America    Merrill    Lynch
      (15,700)                                                 (18,975)
          ITOCHU    Corp
      (70,700)                              Citibank                   (69,014)
          ITOCHU    Corp                      Goldam    Sachs
      (20,500)                                                 (24,776)
          Itochu    Techno-Solutions         Corp             Barclays     Bank
      (24,600)                                                 (19,439)
          Itoham    Yonekyu    Holdings     Inc             Bank   of  America    Merrill    Lynch
      (12,100)                                                 (4,387)
          Itoham    Yonekyu    Holdings     Inc             JP  Morgan
      (54,600)                                                 (22,334)
          Iyo  Bank   Ltd                     Bank   of  America    Merrill    Lynch
     (203,500)                                                 (75,675)
          Iyo  Bank   Ltd                     Barclays     Bank
      (72,500)                                                 (20,220)
          Iyo  Bank   Ltd
      (1,400)                              Citibank                    (390)
          Iyo  Bank   Ltd                     Credit    Suisse
     (106,200)                                                 (23,695)
          Iyo  Bank   Ltd                     Goldam    Sachs
     (120,400)                                                 (44,773)
                                 93/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          日本（続き）
          Iyo  Bank   Ltd                     JP  Morgan
      (27,000)                                                 (6,024)
          Izumi   Co  Ltd                     Bank   of  America    Merrill    Lynch
      10,200                                                 18,017
          Izumi   Co  Ltd                     Barclays     Bank
      52,600                                                 90,466
          Izumi   Co  Ltd
       9,400                             Citibank                   16,167
          Izumi   Co  Ltd                     Credit    Suisse
      14,500                                                 25,612
          Izumi   Co  Ltd                     Goldam    Sachs
      51,000                                                 90,085
          Izumi   Co  Ltd
       5,700                             HSBC                   10,068
          J Front   Retailing     Co  Ltd               Bank   of  America    Merrill    Lynch
      (80,800)                                                 (41,315)
          J Front   Retailing     Co  Ltd               Barclays     Bank
      (40,500)                                                 (25,227)
          Japan   Airlines     Co  Ltd                Bank   of  America    Merrill    Lynch
     (156,400)                                                 (451,468)
          Japan   Airlines     Co  Ltd                Barclays     Bank
      (79,500)                                                (170,360)
          Japan   Airlines     Co  Ltd
      (39,800)                              Citibank                   (85,287)
          Japan   Airlines     Co  Ltd                Credit    Suisse
     (312,000)                                                 (942,686)
          Japan   Airlines     Co  Ltd                Goldam    Sachs
      (56,800)                                                (163,960)
          Japan   Airport    Terminal     Co  Ltd            Bank   of  America    Merrill    Lynch
      (13,900)                                                 (93,041)
          Japan   Airport    Terminal     Co  Ltd            Barclays     Bank
      (30,800)                                                (171,803)
          Japan   Airport    Terminal     Co  Ltd            Goldam    Sachs
      (32,600)                                                (218,212)
          Japan   Airport    Terminal     Co  Ltd
      (23,600)                              HSBC                  (174,425)
          Japan   Airport    Terminal     Co  Ltd            JP  Morgan
      (26,400)                                                (189,904)
          Japan   Aviation     Electronics      Industry     Ltd       Bank   of  America    Merrill    Lynch
      10,800                                                 11,848
          Japan   Aviation     Electronics      Industry     Ltd       Barclays     Bank
      48,200                                                 44,810
          Japan   Aviation     Electronics      Industry     Ltd
      12,900                              Citibank                   11,993
          Japan   Aviation     Electronics      Industry     Ltd       Credit    Suisse
      23,000                                                 13,360
          Japan   Aviation     Electronics      Industry     Ltd
      26,400                              HSBC                   15,953
          Japan   Exchange     Group   Inc               Credit    Suisse
      29,200                                                 53,478
          Japan   Exchange     Group   Inc               JP  Morgan
      12,200                                                 22,344
          Japan   Petroleum     Exploration      Co  Ltd          Bank   of  America    Merrill    Lynch
      99,300                                                 89,547
          Japan   Petroleum     Exploration      Co  Ltd          Credit    Suisse
      42,400                                                 55,579
          Japan   Petroleum     Exploration      Co  Ltd          Goldam    Sachs
      148,600                                                 134,005
          Japan   Petroleum     Exploration      Co  Ltd
       5,100                             HSBC                    6,685
          Japan   Post   Bank   Co  Ltd                Bank   of  America    Merrill    Lynch
     (180,800)                                                 258,850
          Japan   Post   Bank   Co  Ltd                Barclays     Bank
      (34,400)                                                 (5,437)
          Japan   Post   Bank   Co  Ltd
      (31,800)                              Citibank                   (5,026)
          Japan   Post   Bank   Co  Ltd                Credit    Suisse
      (52,900)                                                 59,015
          Japan   Post   Bank   Co  Ltd                Goldam    Sachs
      (93,100)                                                 133,291
          Japan   Post   Bank   Co  Ltd
      (71,600)                              HSBC                   79,877
          Japan   Post   Holdings     Co  Ltd              Barclays     Bank
      (72,900)                                                 (26,499)
          Japan   Post   Holdings     Co  Ltd              Goldam    Sachs
     (315,100)                                                 154,379
          Japan   Post   Holdings     Co  Ltd
      (47,600)                              HSBC                   13,276
          Japan   Post   Insurance     Co  Ltd             Bank   of  America    Merrill    Lynch
      (15,300)                                                 (12,090)
          Japan   Post   Insurance     Co  Ltd             Barclays     Bank
      (58,400)                                                 (39,634)
          Japan   Post   Insurance     Co  Ltd             JP  Morgan
      (23,300)                                                 (13,931)
          Japan   Steel   Works   Ltd                Bank   of  America    Merrill    Lynch
      (31,800)                                                 (80,117)
          Japan   Steel   Works   Ltd                Barclays     Bank
      (32,700)                                                 (78,433)
          Japan   Steel   Works   Ltd
      (11,800)                              Citibank                   (28,303)
                                 94/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          日本（続き）
          Japan   Steel   Works   Ltd                Credit    Suisse
      (54,200)                                                (125,970)
          Japan   Steel   Works   Ltd                Goldam    Sachs
      (41,600)                                                (104,807)
          Japan   Steel   Works   Ltd
      (45,000)                              HSBC                  (104,588)
          Japan   Tobacco    Inc                  Bank   of  America    Merrill    Lynch
      (67,000)                                                 (79,729)
          Japan   Tobacco    Inc                  Barclays     Bank
      (36,700)                                                 (44,866)
          JCR  Pharmaceuticals        Co  Ltd              Barclays     Bank
      (6,100)                                                (28,922)
          JCR  Pharmaceuticals        Co  Ltd              Goldam    Sachs
      (41,600)                                                (324,864)
          JFE  Holdings     Inc                   Bank   of  America    Merrill    Lynch
     (249,700)                                                 (222,853)
          JFE  Holdings     Inc                   Barclays     Bank
     (207,500)                                                 (171,687)
          JFE  Holdings     Inc                   Credit    Suisse
      (26,400)                                                 (20,862)
          JFE  Holdings     Inc                   Goldam    Sachs
      (19,200)                                                 (17,136)
          JFE  Holdings     Inc
      (33,300)                              HSBC                   (26,314)
          JFE  Holdings     Inc                   JP  Morgan
      (12,600)                                                 (9,957)
          JGC  Holdings     Corp                   Bank   of  America    Merrill    Lynch
      15,700                                                 21,456
          JGC  Holdings     Corp                   Goldam    Sachs
      105,800                                                 144,588
          JSR  Corp
       8,100                             HSBC                   10,911
          JTEKT   Corp                      Bank   of  America    Merrill    Lynch
      121,600                                                 123,222
          JTEKT   Corp                      Barclays     Bank
      17,900                                                 17,140
          JTEKT   Corp
      73,000                              Citibank                   69,902
          JTEKT   Corp                      Credit    Suisse
      52,000                                                 53,177
          JTEKT   Corp                      Deutsche     Bank
      21,300                                                 21,584
          JTEKT   Corp                      Goldam    Sachs
      14,100                                                 14,288
          JTEKT   Corp
      16,400                              HSBC                   16,771
          JTEKT   Corp                      JP  Morgan
      48,500                                                 49,598
          Justsystems      Corp                   Barclays     Bank
      (1,200)                                                 (2,789)
          Justsystems      Corp
      (9,000)                              HSBC                   (27,611)
          JXTG   Holdings     Inc                  Barclays     Bank
      658,000                                                 87,476
          JXTG   Holdings     Inc
      48,400                              Citibank                    6,434
          JXTG   Holdings     Inc                  Goldam    Sachs
      252,900                                                 86,287
          JXTG   Holdings     Inc                  JP  Morgan
      79,900                                                 21,118
          Kagome    Co  Ltd                    Bank   of  America    Merrill    Lynch
       7,800                                                18,201
          Kagome    Co  Ltd                    Barclays     Bank
        700                                                1,028
          Kagome    Co  Ltd                    Goldam    Sachs
      39,900                                                 93,106
          Kajima    Corp                      Bank   of  America    Merrill    Lynch
      (49,800)                                                 (17,130)
          Kajima    Corp                      Barclays     Bank
     (203,900)                                                 (100,467)
          Kajima    Corp                      Credit    Suisse
     (436,300)                                                 (287,987)
          Kajima    Corp                      Goldam    Sachs
     (400,000)                                                 (137,591)
          Kakaku.com      Inc                    Credit    Suisse
       9,700                                                10,587
          Kakaku.com      Inc                    Goldam    Sachs
       7,200                                                12,718
          Kaken   Pharmaceutical        Co  Ltd             Bank   of  America    Merrill    Lynch
      40,100                                                123,023
          Kaken   Pharmaceutical        Co  Ltd
      23,200                              Citibank                   38,823
          Kaken   Pharmaceutical        Co  Ltd             Credit    Suisse
       7,400                                                12,383
          Kaken   Pharmaceutical        Co  Ltd             JP  Morgan
      12,400                                                 20,750
          Kamigumi     Co  Ltd                   Bank   of  America    Merrill    Lynch
      83,200                                                123,758
          Kamigumi     Co  Ltd                   Barclays     Bank
      21,000                                                 38,070
                                 95/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          日本（続き）
          Kamigumi     Co  Ltd
       5,400                             Citibank                    9,789
          Kamigumi     Co  Ltd                   Credit    Suisse
       9,100                                                15,989
          Kamigumi     Co  Ltd                   Goldam    Sachs
      147,600                                                 219,551
          Kamigumi     Co  Ltd
      34,700                              HSBC                   60,971
          Kamigumi     Co  Ltd                   JP  Morgan
      24,200                                                 42,521
          Kandenko     Co  Ltd                   Bank   of  America    Merrill    Lynch
      208,600                                                 151,265
          Kandenko     Co  Ltd                   Barclays     Bank
      92,000                                                 23,948
          Kandenko     Co  Ltd                   Goldam    Sachs
      147,000                                                 106,596
          Kaneka    Corp
      169,800                              Citibank                   228,894
          Kansai    Electric     Power   Co  Inc             Bank   of  America    Merrill    Lynch
     (105,400)                                                 (68,591)
          Kansai    Electric     Power   Co  Inc             Barclays     Bank
     (305,200)                                                 (103,563)
          Kansai    Electric     Power   Co  Inc             Credit    Suisse
      (9,200)                                                 (1,711)
          Kansai    Electric     Power   Co  Inc             Goldam    Sachs
      (57,500)                                                 (37,419)
          Kansai    Electric     Power   Co  Inc
      (19,600)                              HSBC                   (3,644)
          Kansai    Mirai   Financial     Group   Inc           Bank   of  America    Merrill    Lynch
      (68,200)                                                 (34,872)
          Kansai    Mirai   Financial     Group   Inc           Barclays     Bank
      (92,500)                                                 (41,277)
          Kansai    Mirai   Financial     Group   Inc
      (39,700)                              HSBC                   (16,978)
          Kansai    Mirai   Financial     Group   Inc           JP  Morgan
      (79,800)                                                 (34,126)
          Kansai    Paint   Co  Ltd                 Credit    Suisse
      (33,000)                                                 (56,756)
          Kansai    Paint   Co  Ltd                 JP  Morgan
      (21,800)                                                 (37,494)
          Kao  Corp                       Barclays     Bank
       4,900                                                 3,462
          Kao  Corp                       Goldam    Sachs
      13,600                                                (11,632)
          Kawasaki     Heavy   Industries      Ltd            Bank   of  America    Merrill    Lynch
     (111,500)                                                 (204,207)
          Kawasaki     Heavy   Industries      Ltd            Barclays     Bank
     (159,500)                                                 (209,078)
          Kawasaki     Heavy   Industries      Ltd            Credit    Suisse
      (10,400)                                                 (10,345)
          Kawasaki     Heavy   Industries      Ltd            Goldam    Sachs
      (89,800)                                                (164,464)
          Kawasaki     Heavy   Industries      Ltd
      (7,700)                              HSBC                   (11,394)
          Kawasaki     Kisen   Kaisha    Ltd              Credit    Suisse
     (321,201)                                                 (262,778)
          Kawasaki     Kisen   Kaisha    Ltd              JP  Morgan
     (112,200)                                                 (91,792)
          KDDI   Corp                       Bank   of  America    Merrill    Lynch
      10,100                                                 (2,723)
          KDDI   Corp                       Barclays     Bank
      13,500                                                 7,656
          KDDI   Corp                       Credit    Suisse
       8,400                                                (2,263)
          KDDI   Corp
       6,700                             HSBC                   (2,429)
          KDDI   Corp                       JP  Morgan
       8,400                                                (3,046)
          Keihan    Holdings     Co  Ltd
      (5,500)                              Citibank                   (6,903)
          Keihan    Holdings     Co  Ltd                Credit    Suisse
      (32,900)                                                (103,993)
          Keikyu    Corp                      Bank   of  America    Merrill    Lynch
      51,700                                                 56,715
          Keikyu    Corp                      Barclays     Bank
      10,200                                                 5,784
          Keikyu    Corp                      Goldam    Sachs
      40,200                                                 44,100
          Keio   Corp                       Bank   of  America    Merrill    Lynch
      (3,900)                                                (17,766)
          Keio   Corp                       Barclays     Bank
      (3,200)                                                (10,115)
          Keio   Corp
      (8,300)                              Citibank                   (26,235)
          Keio   Corp                       Credit    Suisse
      (23,500)                                                (172,593)
          Keio   Corp                       Goldam    Sachs
      (3,000)                                                (13,666)
          Keio   Corp                       JP  Morgan
      (31,000)                                                (227,676)
                                 96/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          日本（続き）
          Keisei    Electric     Railway    Co  Ltd            Bank   of  America    Merrill    Lynch
      (26,700)                                                 (84,395)
          Kewpie    Corp                      Bank   of  America    Merrill    Lynch
      85,200                                                 30,891
          Kewpie    Corp                      Barclays     Bank
      34,100                                                 14,583
          Kewpie    Corp
      23,600                              Citibank                   10,093
          Kewpie    Corp                      Credit    Suisse
      21,700                                                 5,043
          Kewpie    Corp                      Goldam    Sachs
      100,100                                                 36,293
          Kewpie    Corp
      39,000                              HSBC                    9,064
          Keyence    Corp                     Bank   of  America    Merrill    Lynch
      (1,600)                                                (81,514)
          Keyence    Corp
      (2,300)                              Citibank                   (90,875)
          Keyence    Corp
      (7,900)                              HSBC                  (356,938)
          Keyence    Corp                     JP  Morgan
       (400)                                               (18,073)
          Kikkoman     Corp                     Bank   of  America    Merrill    Lynch
      (15,700)                                                 (80,277)
          Kikkoman     Corp                     Barclays     Bank
      (23,600)                                                 (78,985)
          Kikkoman     Corp                     Goldam    Sachs
      (12,100)                                                 (61,870)
          Kinden    Corp                      Bank   of  America    Merrill    Lynch
      73,500                                                 57,398
          Kinden    Corp                      Barclays     Bank
      37,100                                                 10,002
          Kinden    Corp
      11,100                              Citibank                    2,993
          Kinden    Corp                      Credit    Suisse
      76,000                                                 16,957
          Kinden    Corp                      Goldam    Sachs
      53,600                                                 41,857
          Kinden    Corp                      JP  Morgan
      109,200                                                 24,365
          Kirin   Holdings     Co  Ltd                Bank   of  America    Merrill    Lynch
      (27,600)                                                 (53,755)
          Kirin   Holdings     Co  Ltd                Barclays     Bank
      (1,400)                                                 (2,252)
          Kirin   Holdings     Co  Ltd                Goldam    Sachs
     (122,800)                                                 (239,173)
          Kissei    Pharmaceutical        Co  Ltd             Bank   of  America    Merrill    Lynch
       9,600                                                24,365
          Kissei    Pharmaceutical        Co  Ltd             Barclays     Bank
       5,700                                                12,294
          Kissei    Pharmaceutical        Co  Ltd
       9,600                             Citibank                   20,706
          Kissei    Pharmaceutical        Co  Ltd             Credit    Suisse
       4,400                                                 3,681
          Kissei    Pharmaceutical        Co  Ltd             Deutsche     Bank
       1,800                                                 4,568
          Kissei    Pharmaceutical        Co  Ltd             JP  Morgan
      19,100                                                 15,981
          Kobayashi     Pharmaceutical        Co  Ltd           Bank   of  America    Merrill    Lynch
      (3,900)                                                 7,251
          Kobayashi     Pharmaceutical        Co  Ltd           Barclays     Bank
      (5,000)                                                  (930)
          Kobayashi     Pharmaceutical        Co  Ltd
      (1,100)                              Citibank                    (205)
          Kobayashi     Pharmaceutical        Co  Ltd           Goldam    Sachs
      (22,400)                                                 41,649
          Kobayashi     Pharmaceutical        Co  Ltd
      (2,600)                              HSBC                    9,185
          Kobayashi     Pharmaceutical        Co  Ltd           JP  Morgan
      (5,900)                                                 20,843
          Kobe   Bussan    Co  Ltd                  Bank   of  America    Merrill    Lynch
      (92,000)                                                (517,455)
          Kobe   Bussan    Co  Ltd                  Barclays     Bank
      (4,100)                                                (16,771)
          Kobe   Bussan    Co  Ltd
      (9,500)                              HSBC                   (29,145)
          Kobe   Steel   Ltd                    Barclays     Bank
      29,100                                                 7,034
          Kobe   Steel   Ltd                    Goldam    Sachs
      31,300                                                 7,566
          Kobe   Steel   Ltd                    JP  Morgan
      75,600                                                 35,142
          Koei   Tecmo   Holdings     Co  Ltd              Bank   of  America    Merrill    Lynch
      (55,000)                                                 (15,340)
          Koei   Tecmo   Holdings     Co  Ltd              Barclays     Bank
      (98,100)                                                 (4,560)
          Koei   Tecmo   Holdings     Co  Ltd              Goldam    Sachs
       (500)                                                 (139)
          Koei   Tecmo   Holdings     Co  Ltd
      (16,000)                              HSBC                   (18,147)
                                 97/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          日本（続き）
          Koei   Tecmo   Holdings     Co  Ltd              JP  Morgan
      (6,100)                                                 (6,919)
          Koito   Manufacturing       Co  Ltd              Bank   of  America    Merrill    Lynch
      (3,100)                                                (14,842)
          Koito   Manufacturing       Co  Ltd              Barclays     Bank
      (12,900)                                                 (34,779)
          Kokuyo    Co  Ltd                    Bank   of  America    Merrill    Lynch
      84,700                                                 97,641
          Kokuyo    Co  Ltd                    Barclays     Bank
      23,500                                                 13,764
          Kokuyo    Co  Ltd
       1,500                             Citibank                     879
          Kokuyo    Co  Ltd                    Goldam    Sachs
      255,600                                                 294,653
          Kokuyo    Co  Ltd                    JP  Morgan
       3,500                                                 3,156
          Komatsu    Ltd                     Bank   of  America    Merrill    Lynch
      (18,900)                                                 (24,599)
          Komatsu    Ltd                     Barclays     Bank
      (69,500)                                                 (66,874)
          Komatsu    Ltd
      (6,900)                              Citibank                   (6,639)
          Komatsu    Ltd                     Credit    Suisse
     (107,200)                                                 (145,006)
          Komatsu    Ltd                     Goldam    Sachs
      (10,800)                                                 (14,057)
          Komatsu    Ltd
      (61,600)                              HSBC                   (83,325)
          Komatsu    Ltd                     JP  Morgan
      (89,600)                                                (121,199)
          Konami    Holdings     Corp                 Barclays     Bank
      (13,000)                                                 (29,610)
          Konami    Holdings     Corp                 Goldam    Sachs
      (56,400)                                                (207,112)
          Konica    Minolta    Inc                  Bank   of  America    Merrill    Lynch
      (37,500)                                                 (10,807)
          Konica    Minolta    Inc                  Barclays     Bank
     (165,100)                                                 (41,442)
          Konica    Minolta    Inc
      (60,900)                              Citibank                   (15,287)
          Konica    Minolta    Inc                  Credit    Suisse
      (66,200)                                                 (6,154)
          Konica    Minolta    Inc                  Goldam    Sachs
      (69,300)                                                 (19,972)
          Kose   Corp                       Bank   of  America    Merrill    Lynch
      (8,800)                                                (17,180)
          Kose   Corp                       Barclays     Bank
      (7,800)                                                (44,959)
          Kose   Corp                       Credit    Suisse
      (3,600)                                                (13,053)
          Kose   Corp                       Goldam    Sachs
      (7,100)                                                (13,861)
          Kotobuki     Spirits    Co  Ltd               Bank   of  America    Merrill    Lynch
      (6,500)                                                (28,401)
          Kotobuki     Spirits    Co  Ltd               Barclays     Bank
      (2,800)                                                 (6,898)
          Kotobuki     Spirits    Co  Ltd               Goldam    Sachs
      (4,700)                                                (20,536)
          K’s   Holdings     Corp                  Bank   of  America    Merrill    Lynch
      31,400                                                 36,490
          K’s   Holdings     Corp                  Barclays     Bank
      12,500                                                 6,973
          K’s   Holdings     Corp                  Credit    Suisse
      28,300                                                 49,725
          K’s   Holdings     Corp                  Goldam    Sachs
      100,000                                                 116,209
          K’s   Holdings     Corp
      12,600                              HSBC                   22,139
          K’s   Holdings     Corp                  JP  Morgan
      30,700                                                 53,942
          Kubota    Corp                      Bank   of  America    Merrill    Lynch
     (265,800)                                                 (144,557)
          Kubota    Corp                      Barclays     Bank
      (42,700)                                                 (22,230)
          Kuraray    Co  Ltd                    Barclays     Bank
      22,400                                                 12,911
          Kuraray    Co  Ltd                    Credit    Suisse
      13,000                                                 6,043
          Kuraray    Co  Ltd
      15,200                              HSBC                    3,268
          Kusuri    no  Aoki   Holdings     Co  Ltd            Goldam    Sachs
      (29,900)                                                (127,867)
          Kyocera    Corp                     Bank   of  America    Merrill    Lynch
      13,800                                                 16,807
          Kyocera    Corp                     Barclays     Bank
      42,400                                                109,976
          Kyocera    Corp
       2,700                             Citibank                    7,003
          Kyocera    Corp                     Goldam    Sachs
      13,400                                                 16,319
                                 98/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          日本（続き）
          Kyocera    Corp
      10,500                              HSBC                    2,733
          Kyocera    Corp                     JP  Morgan
       3,700                                                  963
          Kyoritsu     Maintenance      Co  Ltd             Bank   of  America    Merrill    Lynch
      (25,800)                                                (128,802)
          Kyoritsu     Maintenance      Co  Ltd             Barclays     Bank
      (6,800)                                                 (7,902)
          Kyoritsu     Maintenance      Co  Ltd
      (3,300)                              Citibank                   (3,835)
          Kyoritsu     Maintenance      Co  Ltd             Credit    Suisse
      (68,600)                                                (358,418)
          Kyoritsu     Maintenance      Co  Ltd             JP  Morgan
      (41,900)                                                (218,917)
          Kyowa   Exeo   Corp                    Bank   of  America    Merrill    Lynch
      (41,700)                                                 15,507
          Kyowa   Exeo   Corp                    Barclays     Bank
      (45,600)                                                 (27,555)
          Kyowa   Exeo   Corp                    Goldam    Sachs
      (54,900)                                                 20,416
          Kyowa   Exeo   Corp
      (30,200)                              HSBC                   59,802
          Kyowa   Exeo   Corp                    JP  Morgan
      (7,400)                                                 14,653
          Kyowa   Kirin   Co  Ltd                  Barclays     Bank
      29,700                                                 55,775
          Kyowa   Kirin   Co  Ltd
        300                            Citibank                     563
          Kyowa   Kirin   Co  Ltd                  Goldam    Sachs
      118,100                                                 372,202
          Kyowa   Kirin   Co  Ltd                  JP  Morgan
      17,000                                                 48,678
          Kyudenko     Corp                     Bank   of  America    Merrill    Lynch
      (11,600)                                                 (8,412)
          Kyudenko     Corp                     Barclays     Bank
      (7,200)                                                 (6,158)
          Kyudenko     Corp                     Goldam    Sachs
      (17,600)                                                 (12,763)
          Kyudenko     Corp                     JP  Morgan
      (4,100)                                                 (1,279)
          Kyushu    Electric     Power   Co  Inc             Bank   of  America    Merrill    Lynch
     (214,000)                                                 (71,622)
          Kyushu    Electric     Power   Co  Inc             Barclays     Bank
     (187,000)                                                 (88,663)
          Kyushu    Electric     Power   Co  Inc             Credit    Suisse
     (121,100)                                                 (31,523)
          Kyushu    Financial     Group   Inc              Bank   of  America    Merrill    Lynch
     (399,800)                                                 (141,239)
          Kyushu    Financial     Group   Inc              Barclays     Bank
     (271,700)                                                 (53,044)
          Kyushu    Financial     Group   Inc              Credit    Suisse
     (150,700)                                                 (25,218)
          Kyushu    Financial     Group   Inc              Goldam    Sachs
     (363,400)                                                 (128,380)
          Kyushu    Financial     Group   Inc
     (100,100)                               HSBC                   (16,751)
          Kyushu    Financial     Group   Inc              JP  Morgan
      (60,000)                                                 (10,040)
          Kyushu    Railway    Co                  Bank   of  America    Merrill    Lynch
      (54,600)                                                 (72,079)
          Kyushu    Railway    Co                  Credit    Suisse
      (14,900)                                                 (25,211)
          Kyushu    Railway    Co
      (49,400)                              HSBC                   (83,585)
          Lasertec     Corp                     Barclays     Bank
      (61,200)                                                (278,790)
          Lawson    Inc                      Bank   of  America    Merrill    Lynch
      51,600                                                239,855
          Lawson    Inc                      Barclays     Bank
      73,500                                                239,158
          Lawson    Inc                      Goldam    Sachs
      30,600                                                142,240
          LINE   Corp                       Bank   of  America    Merrill    Lynch
        (55)                                                 (31)
          LINE   Corp                       Credit    Suisse
      (3,900)                                                 (3,263)
          LINE   Corp                       JP  Morgan
      (20,848)                                                 (17,444)
          Lintec    Corp                      Bank   of  America    Merrill    Lynch
      68,200                                                 98,909
          Lintec    Corp                      Credit    Suisse
      23,300                                                 40,073
          Lintec    Corp
      82,200                              HSBC                   141,375
          Lintec    Corp                      JP  Morgan
      24,300                                                 41,793
          Lion   Corp                       Credit    Suisse
       5,300                                                 5,415
          LIXIL   Group   Corp                   Bank   of  America    Merrill    Lynch
      163,900                                                 281,890
                                 99/270



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                                                有価証券報告書（内国投資信託受益証券）
                                                    未実現純評価
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                                                     （米ドル）
          日本（続き）
          LIXIL   Group   Corp                   Barclays     Bank
       8,800                                                 8,508
          LIXIL   Group   Corp                   Credit    Suisse
      20,000                                                 22,684
          LIXIL   Group   Corp                   Goldam    Sachs
      68,000                                                116,953
          LIXIL   Group   Corp
      26,600                              HSBC                   30,170
          LIXIL   Group   Corp                   JP  Morgan
       9,000                                                10,208
          M3  Inc                        Barclays     Bank
      (26,500)                                                 (56,663)
          M3  Inc                        Goldam    Sachs
       (100)                                                 (535)
          M3  Inc
      (66,100)                              HSBC                  (251,950)
          Mabuchi    Motor   Co  Ltd                 Bank   of  America    Merrill    Lynch
      34,400                                                121,527
          Mabuchi    Motor   Co  Ltd                 Barclays     Bank
      15,000                                                 50,202
          Mabuchi    Motor   Co  Ltd
      20,900                              Citibank                   69,948
          Mabuchi    Motor   Co  Ltd                 Credit    Suisse
       5,400                                                14,057
          Mabuchi    Motor   Co  Ltd                 Deutsche     Bank
       2,400                                                 8,479
          Mabuchi    Motor   Co  Ltd                 Goldam    Sachs
      25,300                                                 89,379
          Mabuchi    Motor   Co  Ltd
      13,000                              HSBC                   33,840
          Mabuchi    Motor   Co  Ltd                 JP  Morgan
      20,100                                                 52,322
          Maeda   Corp                      Bank   of  America    Merrill    Lynch
     (398,600)                                                 (70,408)
          Maeda   Corp                      Barclays     Bank
     (181,900)                                                 (89,627)
          Maeda   Corp
      (49,000)                              Citibank                   (24,144)
          Maeda   Corp                      Credit    Suisse
      (72,800)                                                 17,597
          Maeda   Corp                      Goldam    Sachs
     (295,800)                                                 (52,249)
          Maeda   Corp
      (57,500)                              HSBC                   13,899
          Maeda   Corp                      JP  Morgan
     (150,000)                                                  36,257
          Maeda   Road   Construction       Co  Ltd            Credit    Suisse
      (26,700)                                                  2,531
          Maeda   Road   Construction       Co  Ltd            Goldam    Sachs
      (60,900)                                                (105,874)
          Makita    Corp                      Goldam    Sachs
      (45,600)                                                (116,581)
          Mani   Inc                       Bank   of  America    Merrill    Lynch
      (42,800)                                                (132,500)
          Mani   Inc                       Barclays     Bank
     (110,400)                                                 (246,325)
          Mani   Inc                       Credit    Suisse
      (11,600)                                                 (43,892)
          Mani   Inc                       Goldam    Sachs
      (9,100)                                                (28,172)
          Marubeni     Corp                     Barclays     Bank
      51,100                                                 22,898
          Marubeni     Corp                     Credit    Suisse
      69,400                                                 37,321
          Maruha    Nichiro    Corp                  Bank   of  America    Merrill    Lynch
       8,600                                                12,792
          Maruha    Nichiro    Corp                  Barclays     Bank
      19,000                                                 25,083
          Maruha    Nichiro    Corp                  Credit    Suisse
       4,400                                                 3,313
          Maruha    Nichiro    Corp                  Goldam    Sachs
       5,600                                                 8,330
          Maruha    Nichiro    Corp                  JP  Morgan
      12,000                                                 9,036
          Marui   Group   Co  Ltd                  Barclays     Bank
     (229,400)                                                 (481,982)
          Marui   Group   Co  Ltd                  Credit    Suisse
      (60,500)                                                (132,972)
          Marui   Group   Co  Ltd                  Goldam    Sachs
      (29,200)                                                 (74,110)
          Marui   Group   Co  Ltd                  JP  Morgan
      (86,700)                                                (174,101)
          Maruichi     Steel   Tube   Ltd               Bank   of  America    Merrill    Lynch
      (20,100)                                                 (6,353)
          Maruichi     Steel   Tube   Ltd               Barclays     Bank
      (15,900)                                                 (5,469)
          Maruichi     Steel   Tube   Ltd               Credit    Suisse
      (24,900)                                                 (72,687)
          Maruichi     Steel   Tube   Ltd               Goldam    Sachs
      (26,800)                                                 (8,471)
                                100/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          日本（続き）
          Matsui    Securities      Co  Ltd               Bank   of  America    Merrill    Lynch
      (75,300)                                                 (68,604)
          Matsui    Securities      Co  Ltd               Barclays     Bank
     (174,400)                                                 (113,494)
          Matsui    Securities      Co  Ltd               Goldam    Sachs
      (16,400)                                                 (14,942)
          Matsumotokiyoshi         Holdings     Co  Ltd           Goldam    Sachs
      (49,500)                                                 (96,639)
          Mazda   Motor   Corp                   Bank   of  America    Merrill    Lynch
     (248,200)                                                 (166,136)
          Mazda   Motor   Corp                   Barclays     Bank
     (165,100)                                                 (116,651)
          Mazda   Motor   Corp                   Credit    Suisse
      (70,200)                                                 (67,873)
          Mazda   Motor   Corp                   Goldam    Sachs
      (86,300)                                                 (57,766)
          Mebuki    Financial     Group   Inc
     (148,100)                               Citibank                   (22,029)
          Mebuki    Financial     Group   Inc              Credit    Suisse
     (316,600)                                                 (38,263)
          Mebuki    Financial     Group   Inc              JP  Morgan
     (747,000)                                                 (90,280)
          Medipal    Holdings     Corp                 Bank   of  America    Merrill    Lynch
      49,600                                                 77,006
          Medipal    Holdings     Corp                 Goldam    Sachs
      112,300                                                 174,351
          Megmilk    Snow   Brand   Co  Ltd              Bank   of  America    Merrill    Lynch
      56,100                                                 27,642
          Megmilk    Snow   Brand   Co  Ltd              Barclays     Bank
       4,600                                                 2,908
          Megmilk    Snow   Brand   Co  Ltd              Goldam    Sachs
      75,300                                                 37,102
          MEIJI   Holdings     Co  Ltd                Barclays     Bank
       4,200                                                24,990
          MEIJI   Holdings     Co  Ltd                Goldam    Sachs
      51,200                                                214,196
          MINEBEA    MITSUMI    Inc                 Barclays     Bank
      (38,400)                                                 (36,056)
          MINEBEA    MITSUMI    Inc
      (51,700)                              HSBC                   (59,119)
          Miraca    Holdings     Inc                 Barclays     Bank
      (12,200)                                                 (5,784)
          Miraca    Holdings     Inc                 Credit    Suisse
      (9,200)                                                 32,905
          MISUMI    Group   Inc                   Credit    Suisse
      (1,300)                                                 (2,804)
          MISUMI    Group   Inc                   Goldam    Sachs
      (45,700)                                                (107,489)
          MISUMI    Group   Inc                   JP  Morgan
      (23,400)                                                 (50,470)
          Mitsubishi      Chemical     Holdings     Corp           Bank   of  America    Merrill    Lynch
        100                                                 45
          Mitsubishi      Chemical     Holdings     Corp           Barclays     Bank
      22,600                                                 9,203
          Mitsubishi      Chemical     Holdings     Corp           Goldam    Sachs
      143,100                                                 65,055
          Mitsubishi      Corp                    Bank   of  America    Merrill    Lynch
      (14,400)                                                 (25,837)
          Mitsubishi      Corp                    Barclays     Bank
     (111,400)                                                 (141,884)
          Mitsubishi      Corp
      (39,800)                              Citibank                   (50,691)
          Mitsubishi      Corp                    Goldam    Sachs
      (11,000)                                                 (19,737)
          Mitsubishi      Electric     Corp               Bank   of  America    Merrill    Lynch
      161,900                                                 178,359
          Mitsubishi      Electric     Corp               Barclays     Bank
      64,400                                                 58,673
          Mitsubishi      Electric     Corp               Credit    Suisse
      64,400                                                 49,992
          Mitsubishi      Electric     Corp               Goldam    Sachs
      125,000                                                 137,707
          Mitsubishi      Estate    Co  Ltd               Credit    Suisse
       (600)                                                 (410)
          Mitsubishi      Estate    Co  Ltd               Goldam    Sachs
      (13,800)                                                 (17,063)
          Mitsubishi      Estate    Co  Ltd
      (8,700)                              HSBC                    3,186
          Mitsubishi      Gas  Chemical     Co  Inc            Bank   of  America    Merrill    Lynch
      35,200                                                 53,995
          Mitsubishi      Gas  Chemical     Co  Inc            Credit    Suisse
      13,500                                                 34,514
          Mitsubishi      Gas  Chemical     Co  Inc            Goldam    Sachs
       9,300                                                14,266
          Mitsubishi      Gas  Chemical     Co  Inc
      51,100                              HSBC                   130,642
          Mitsubishi      Heavy   Industries      Ltd           Barclays     Bank
      15,300                                                 28,448
          Mitsubishi      Heavy   Industries      Ltd           Goldam    Sachs
      63,900                                                141,683
                                101/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          日本（続き）
          Mitsubishi      Logistics     Corp               Barclays     Bank
      37,500                                                 97,964
          Mitsubishi      Logistics     Corp               Credit    Suisse
      17,600                                                 63,485
          Mitsubishi      Logistics     Corp
      31,700                              HSBC                   114,346
          Mitsubishi      Logistics     Corp               JP  Morgan
       2,200                                                 7,936
          Mitsubishi      Materials     Corp               Bank   of  America    Merrill    Lynch
      70,200                                                146,189
          Mitsubishi      Materials     Corp               Barclays     Bank
      86,600                                                128,815
          Mitsubishi      Materials     Corp
      11,800                              Citibank                   17,552
          Mitsubishi      Materials     Corp               Credit    Suisse
      32,500                                                 73,421
          Mitsubishi      Materials     Corp               Goldam    Sachs
      20,400                                                 42,482
          Mitsubishi      Materials     Corp               JP  Morgan
      17,600                                                 39,760
          Mitsubishi      Motors    Corp                Bank   of  America    Merrill    Lynch
     (498,800)                                                 (51,009)
          Mitsubishi      Motors    Corp                Barclays     Bank
     (637,400)                                                 (94,812)
          Mitsubishi      Motors    Corp                Credit    Suisse
     (184,300)                                                 (19,511)
          Mitsubishi      Motors    Corp                Goldam    Sachs
     (333,900)                                                 (34,146)
          Mitsubishi      Motors    Corp                JP  Morgan
     (468,400)                                                 (65,319)
          Mitsubishi      UFJ  Financial     Group   Inc          Barclays     Bank
      (63,200)                                                 (18,860)
          Mitsubishi      UFJ  Lease   & Finance    Co  Ltd        Bank   of  America    Merrill    Lynch
      (52,500)                                                 (17,083)
          Mitsubishi      UFJ  Lease   & Finance    Co  Ltd        Credit    Suisse
     (156,500)                                                 (32,009)
          Mitsubishi      UFJ  Lease   & Finance    Co  Ltd
     (310,800)                               HSBC                   (63,567)
          Mitsui    Chemicals     Inc                 Bank   of  America    Merrill    Lynch
      74,500                                                244,489
          Mitsui    Chemicals     Inc
      13,500                              Citibank                   37,275
          Mitsui    Chemicals     Inc                 Credit    Suisse
      28,800                                                 55,691
          Mitsui    Chemicals     Inc                 Goldam    Sachs
      28,700                                                 94,186
          Mitsui    Chemicals     Inc
      13,000                              HSBC                   25,138
          Mitsui    Fudosan    Co  Ltd                Bank   of  America    Merrill    Lynch
      (19,000)                                                 (29,498)
          Mitsui    Fudosan    Co  Ltd
      (36,300)                              HSBC                   (59,901)
          Mitsui    Fudosan    Co  Ltd                JP  Morgan
      (8,200)                                                (13,531)
          Mitsui    Mining    & Smelting     Co  Ltd           Bank   of  America    Merrill    Lynch
      (7,100)                                                (19,538)
          Mitsui    Mining    & Smelting     Co  Ltd           Barclays     Bank
      (96,200)                                                (171,714)
          Mitsui    Mining    & Smelting     Co  Ltd           Goldam    Sachs
      (16,300)                                                 (44,855)
          Mitsui    Mining    & Smelting     Co  Ltd
      (7,100)                              HSBC                   (16,568)
          Mitsui    OSK  Lines   Ltd                 Bank   of  America    Merrill    Lynch
      41,200                                                 62,433
          Mitsui    OSK  Lines   Ltd                 Barclays     Bank
       9,900                                                11,044
          Mitsui    OSK  Lines   Ltd                 Goldam    Sachs
      47,100                                                 71,374
          Mitsui    OSK  Lines   Ltd
       3,800                             HSBC                    4,027
          Miura   Co  Ltd                     Goldam    Sachs
      (1,400)                                                 (3,644)
          Miura   Co  Ltd
      (23,700)                              HSBC                   (17,627)
          Mizuho    Financial     Group   Inc              Bank   of  America    Merrill    Lynch
      344,900                                                 45,852
          Mizuho    Financial     Group   Inc              Goldam    Sachs
      564,500                                                 75,046
          Mizuho    Financial     Group   Inc
      359,100                              HSBC                   39,728
          Mizuho    Financial     Group   Inc              JP  Morgan
      131,400                                                 16,497
          Mochida    Pharmaceutical        Co  Ltd            Bank   of  America    Merrill    Lynch
       6,600                                                 9,511
          Mochida    Pharmaceutical        Co  Ltd            Barclays     Bank
       8,400                                                25,380
          Mochida    Pharmaceutical        Co  Ltd            Credit    Suisse
       6,400                                                 4,760
          Mochida    Pharmaceutical        Co  Ltd            Goldam    Sachs
       3,300                                                 4,755
                                102/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          日本（続き）
          Mochida    Pharmaceutical        Co  Ltd            JP  Morgan
      19,400                                                 14,428
          MonotaRO     Co  Ltd                   Barclays     Bank
     (125,400)                                                 163,213
          MonotaRO     Co  Ltd
      (47,500)                              Citibank                   61,823
          Morinaga     & Co  Ltd                  Bank   of  America    Merrill    Lynch
      32,900                                                105,522
          Morinaga     & Co  Ltd                  Barclays     Bank
       5,800                                                14,828
          Morinaga     & Co  Ltd                  Credit    Suisse
      33,700                                                 65,793
          Morinaga     & Co  Ltd                  Goldam    Sachs
      102,200                                                 327,792
          Morinaga     & Co  Ltd
      23,100                              HSBC                   45,098
          Morinaga     Milk   Industry     Co  Ltd            Bank   of  America    Merrill    Lynch
       4,800                                                  446
          Morinaga     Milk   Industry     Co  Ltd            Barclays     Bank
       4,100                                                 6,861
          Morinaga     Milk   Industry     Co  Ltd
       7,500                             Citibank                   12,551
          Morinaga     Milk   Industry     Co  Ltd            Goldam    Sachs
       5,300                                                  493
          Morinaga     Milk   Industry     Co  Ltd
      18,600                              HSBC                   64,845
          Morinaga     Milk   Industry     Co  Ltd            JP  Morgan
      13,200                                                 46,019
          MS&AD   Insurance     Group   Holdings     Inc
      11,600                              Citibank                   25,882
          MS&AD   Insurance     Group   Holdings     Inc
      119,500                              HSBC                   224,413
          Murata    Manufacturing       Co  Ltd             Bank   of  America    Merrill    Lynch
      (14,500)                                                 14,424
          Murata    Manufacturing       Co  Ltd             Barclays     Bank
      (1,600)                                                  (744)
          Murata    Manufacturing       Co  Ltd             JP  Morgan
      (23,500)                                                  8,520
          Nagase    & Co  Ltd                   Bank   of  America    Merrill    Lynch
      29,300                                                 12,530
          Nagase    & Co  Ltd
      19,000                              Citibank                    8,832
          Nagase    & Co  Ltd                   Credit    Suisse
      10,200                                                 7,491
          Nagase    & Co  Ltd                   Goldam    Sachs
       8,500                                                 3,635
          Nagase    & Co  Ltd                   JP  Morgan
      20,600                                                 15,129
          Nankai    Electric     Railway    Co  Ltd            Bank   of  America    Merrill    Lynch
      43,500                                                 44,485
          Nankai    Electric     Railway    Co  Ltd            Barclays     Bank
      14,700                                                 12,573
          Nankai    Electric     Railway    Co  Ltd            Credit    Suisse
      14,800                                                 26,274
          Nankai    Electric     Railway    Co  Ltd            Goldam    Sachs
      16,000                                                 16,362
          Nankai    Electric     Railway    Co  Ltd            JP  Morgan
      17,100                                                 32,908
          NEC  Corp                       Bank   of  America    Merrill    Lynch
      151,800                                                 49,393
          NEC  Corp
      22,300                              HSBC                   152,378
          NET  One  Systems    Co  Ltd                Goldam    Sachs
      37,700                                                 29,791
          Nexon   Co  Ltd                     Bank   of  America    Merrill    Lynch
      (11,800)                                                 (10,312)
          Nexon   Co  Ltd                     Barclays     Bank
     (213,500)                                                  79,394
          Nexon   Co  Ltd                     Credit    Suisse
      (6,200)                                                (26,168)
          Nexon   Co  Ltd                     Goldam    Sachs
      (6,600)                                                 (5,768)
          NGK  Insulators      Ltd                  Bank   of  America    Merrill    Lynch
       8,600                                                16,710
          NGK  Insulators      Ltd                  Barclays     Bank
      28,300                                                 43,148
          NGK  Insulators      Ltd                  Credit    Suisse
      34,300                                                 64,194
          NGK  Insulators      Ltd
      29,400                              HSBC                   56,031
          NGK  Spark   Plug   Co  Ltd                Bank   of  America    Merrill    Lynch
      (73,400)                                                (109,181)
          NGK  Spark   Plug   Co  Ltd                Barclays     Bank
      (8,700)                                                 (9,140)
          NGK  Spark   Plug   Co  Ltd
      (3,300)                              Citibank                   (3,467)
          NGK  Spark   Plug   Co  Ltd                Credit    Suisse
      (49,700)                                                 (74,389)
          NGK  Spark   Plug   Co  Ltd                Goldam    Sachs
      (66,700)                                                 (99,214)
                                103/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          日本（続き）
          NGK  Spark   Plug   Co  Ltd
      (30,200)                              HSBC                   (45,202)
          NGK  Spark   Plug   Co  Ltd                JP  Morgan
      (3,000)                                                 (4,490)
          NH  Foods   Ltd                     Barclays     Bank
       2,500                                                 4,765
          NH  Foods   Ltd                     Goldam    Sachs
      23,600                                                 69,112
          NHK  Spring    Co  Ltd                  Bank   of  America    Merrill    Lynch
      (22,200)                                                 (10,319)
          Nichirei     Corp                     Bank   of  America    Merrill    Lynch
      (2,000)                                                 (1,283)
          Nichirei     Corp                     Barclays     Bank
      (10,300)                                                 (14,555)
          Nichirei     Corp                     Goldam    Sachs
      (23,600)                                                 (15,139)
          Nichirei     Corp
      (1,800)                              HSBC                   (5,171)
          Nidec   Corp                      Bank   of  America    Merrill    Lynch
      (55,500)                                                (305,453)
          Nidec   Corp                      Barclays     Bank
       (600)                                                (1,467)
          Nidec   Corp                      JP  Morgan
      (24,500)                                                (103,179)
          Nifco   Inc                      Bank   of  America    Merrill    Lynch
      24,000                                                 56,673
          Nifco   Inc                      Barclays     Bank
      19,000                                                 21,903
          Nifco   Inc
      20,000                              Citibank                   23,056
          Nifco   Inc                      Credit    Suisse
      43,000                                                125,924
          Nifco   Inc                      Goldam    Sachs
      12,900                                                 30,462
          Nifco   Inc
      30,600                              HSBC                   89,611
          Nifco   Inc                      JP  Morgan
      18,600                                                 54,469
          Nihon   Kohden    Corp                   Barclays     Bank
      20,500                                                 64,798
          Nihon   Kohden    Corp                   Credit    Suisse
       8,100                                                (20,211)
          Nihon   Kohden    Corp                   Goldam    Sachs
       3,900                                                 8,339
          Nihon   Kohden    Corp
       3,700                             HSBC                    1,734
          Nihon   M&A  Center    Inc                 Barclays     Bank
      (5,400)                                                (13,806)
          Nihon   M&A  Center    Inc
      (39,900)                              HSBC                  (250,383)
          Nihon   Unisys    Ltd                   Bank   of  America    Merrill    Lynch
       1,800                                                 2,008
          Nihon   Unisys    Ltd                   Goldam    Sachs
       2,700                                                 3,012
          Nihon   Unisys    Ltd
      63,900                              HSBC                   121,782
          Nikon   Corp                      Barclays     Bank
     (300,500)                                                 (78,222)
          Nikon   Corp                      Goldam    Sachs
      (63,200)                                                 (34,666)
          Nikon   Corp
      (25,700)                              HSBC                   (1,434)
          Nikon   Corp                      JP  Morgan
      (43,200)                                                 (2,410)
          Nippo   Corp                      Bank   of  America    Merrill    Lynch
      (24,600)                                                 (47,798)
          Nippo   Corp                      Barclays     Bank
      (34,000)                                                 (25,287)
          Nippo   Corp                      Credit    Suisse
      (6,200)                                                 (9,683)
          Nippo   Corp                      JP  Morgan
      (5,800)                                                (13,426)
          Nippon    Electric     Glass   Co  Ltd             Bank   of  America    Merrill    Lynch
      59,200                                                 82,004
          Nippon    Electric     Glass   Co  Ltd             Credit    Suisse
       1,300                                                 1,511
          Nippon    Electric     Glass   Co  Ltd             Goldam    Sachs
      29,700                                                 41,141
          Nippon    Express    Co  Ltd                Bank   of  America    Merrill    Lynch
      (10,900)                                                 (67,894)
          Nippon    Express    Co  Ltd                Barclays     Bank
      (9,100)                                                (51,606)
          Nippon    Express    Co  Ltd                Credit    Suisse
      (13,800)                                                 (57,733)
          Nippon    Express    Co  Ltd                Goldam    Sachs
      (12,100)                                                 (75,368)
          Nippon    Kayaku    Co  Ltd                 Bank   of  America    Merrill    Lynch
      154,800                                                 96,422
          Nippon    Kayaku    Co  Ltd
      74,700                              Citibank                   35,418
                                104/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          日本（続き）
          Nippon    Kayaku    Co  Ltd                 Credit    Suisse
      45,400                                                 24,480
          Nippon    Kayaku    Co  Ltd                 Goldam    Sachs
      67,100                                                 41,795
          Nippon    Kayaku    Co  Ltd                 JP  Morgan
      39,200                                                 21,137
          Nippon    Paint   Holdings     Co  Ltd             Bank   of  America    Merrill    Lynch
      (88,300)                                                (591,047)
          Nippon    Paint   Holdings     Co  Ltd             Goldam    Sachs
      (24,600)                                                (164,663)
          Nippon    Paper   Industries      Co  Ltd            Bank   of  America    Merrill    Lynch
      17,600                                                 19,635
          Nippon    Paper   Industries      Co  Ltd            Barclays     Bank
      12,800                                                 6,664
          Nippon    Paper   Industries      Co  Ltd            Goldam    Sachs
      140,400                                                 156,631
          Nippon    Shinyaku     Co  Ltd                Barclays     Bank
      (5,800)                                                (47,990)
          Nippon    Shinyaku     Co  Ltd                Credit    Suisse
      (3,600)                                                (62,914)
          Nippon    Shinyaku     Co  Ltd                JP  Morgan
      (1,900)                                                (29,293)
          Nippon    Shokubai     Co  Ltd                Barclays     Bank
      18,000                                                 48,529
          Nippon    Steel   Corp                   Bank   of  America    Merrill    Lynch
      146,800                                                 142,481
          Nippon    Steel   Corp                   Barclays     Bank
      139,700                                                 101,692
          Nippon    Steel   Corp                   Goldam    Sachs
      85,000                                                 82,499
          Nippon    Steel   Corp
      22,500                              HSBC                   20,081
          Nippon    Telegraph     & Telephone     Corp           Bank   of  America    Merrill    Lynch
      (53,500)                                                 (43,520)
          Nippon    Telegraph     & Telephone     Corp           Barclays     Bank
      (88,100)                                                 (19,657)
          Nippon    Television      Holdings     Inc            Bank   of  America    Merrill    Lynch
      70,700                                                 88,075
          Nippon    Television      Holdings     Inc            Goldam    Sachs
      259,300                                                 323,025
          Nippon    Yusen   KK                   Bank   of  America    Merrill    Lynch
      165,600                                                 249,405
          Nippon    Yusen   KK                   Credit    Suisse
      31,700                                                 53,931
          Nippon    Yusen   KK                   Goldam    Sachs
      157,400                                                 237,055
          Nipro   Corp                      Bank   of  America    Merrill    Lynch
      38,800                                                 12,986
          Nipro   Corp                      Barclays     Bank
      93,600                                                 22,624
          Nipro   Corp
      34,800                              Citibank                    8,412
          Nipro   Corp                      Credit    Suisse
      44,700                                                 23,995
          Nipro   Corp                      Goldam    Sachs
      82,500                                                 27,611
          Nipro   Corp
      35,700                              HSBC                   20,577
          Nipro   Corp                      JP  Morgan
      80,800                                                 46,573
          Nishi-Nippon       Financial     Holdings     Inc         Bank   of  America    Merrill    Lynch
       1,200                                                 1,339
          Nishi-Nippon       Railroad     Co  Ltd             Bank   of  America    Merrill    Lynch
      (15,800)                                                 (32,462)
          Nishi-Nippon       Railroad     Co  Ltd             Barclays     Bank
      (30,100)                                                 (50,649)
          Nishi-Nippon       Railroad     Co  Ltd
      (12,700)                              Citibank                   (21,370)
          Nishi-Nippon       Railroad     Co  Ltd             Credit    Suisse
      (55,700)                                                (163,633)
          Nishi-Nippon       Railroad     Co  Ltd             Deutsche     Bank
      (16,600)                                                 (34,106)
          Nishi-Nippon       Railroad     Co  Ltd
      (7,900)                              HSBC                   (23,208)
          Nishi-Nippon       Railroad     Co  Ltd             JP  Morgan
      (24,900)                                                 (73,150)
          Nissan    Chemical     Corp                 Bank   of  America    Merrill    Lynch
      (21,200)                                                (131,065)
          Nissan    Chemical     Corp                 Barclays     Bank
      (8,400)                                                (23,428)
          Nissan    Chemical     Corp                 Goldam    Sachs
      (22,300)                                                (137,865)
          Nissan    Chemical     Corp
      (37,400)                              HSBC                  (234,695)
          Nissan    Motor   Co  Ltd                 Bank   of  America    Merrill    Lynch
      (14,600)                                                 (4,262)
          Nissan    Motor   Co  Ltd                 Barclays     Bank
      (82,800)                                                 (21,477)
          Nissan    Motor   Co  Ltd
     (103,500)                               Citibank                   (26,846)
                                105/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          日本（続き）
          Nissan    Motor   Co  Ltd                 Goldam    Sachs
     (728,100)                                                 (212,544)
          Nisshin    Seifun    Group   Inc               Bank   of  America    Merrill    Lynch
      (24,000)                                                 (26,998)
          Nisshin    Seifun    Group   Inc               Barclays     Bank
      (15,600)                                                 (8,557)
          Nisshin    Seifun    Group   Inc               Goldam    Sachs
      (22,700)                                                 (25,535)
          Nisshinbo     Holdings     Inc                Barclays     Bank
      47,100                                                 35,030
          Nisshinbo     Holdings     Inc                JP  Morgan
      25,900                                                 22,815
          Nissin    Foods   Holdings     Co  Ltd
       2,300                             Citibank                   (1,069)
          Nissin    Foods   Holdings     Co  Ltd             Credit    Suisse
       6,700                                                (1,246)
          Nissin    Foods   Holdings     Co  Ltd             JP  Morgan
       3,800                                                 (835)
          Nitori    Holdings     Co  Ltd                Bank   of  America    Merrill    Lynch
       4,100                                                85,572
          Nitori    Holdings     Co  Ltd                Barclays     Bank
       4,200                                                70,478
          Nitori    Holdings     Co  Ltd
      10,600                              Citibank                   177,874
          Nitori    Holdings     Co  Ltd                Credit    Suisse
       2,600                                                66,230
          Nitori    Holdings     Co  Ltd                Goldam    Sachs
       9,800                                                204,537
          Nitto   Denko   Corp                   Bank   of  America    Merrill    Lynch
      56,700                                                258,290
          Nitto   Denko   Corp                   Barclays     Bank
      16,900                                                 67,559
          Nitto   Denko   Corp                   Credit    Suisse
      13,200                                                 51,541
          Nitto   Denko   Corp                   Goldam    Sachs
      41,500                                                189,048
          Nitto   Denko   Corp
       4,100                             HSBC                   16,009
          Nitto   Denko   Corp                   JP  Morgan
      19,100                                                 76,247
          Noevir    Holdings     Co  Ltd                Barclays     Bank
      (10,500)                                                 (16,107)
          Noevir    Holdings     Co  Ltd                Credit    Suisse
      (5,500)                                                 7,414
          NOF  Corp
      (5,000)                              Citibank                   (2,324)
          NOF  Corp                       Credit    Suisse
      (3,700)                                                 (8,457)
          NOF  Corp                       Goldam    Sachs
      (4,100)                                                 (2,859)
          NOK  Corp                       Bank   of  America    Merrill    Lynch
      55,500                                                 81,523
          NOK  Corp
       9,900                             Citibank                    7,823
          NOK  Corp                       Credit    Suisse
      12,200                                                 14,817
          NOK  Corp                       Goldam    Sachs
      47,300                                                 69,478
          NOK  Corp
      10,700                              HSBC                   14,996
          NOK  Corp                       JP  Morgan
      13,100                                                 21,069
          Nomura    Holdings     Inc                 Bank   of  America    Merrill    Lynch
      (46,700)                                                 (24,921)
          Nomura    Holdings     Inc                 Barclays     Bank
      (94,000)                                                 (41,073)
          Nomura    Holdings     Inc
     (114,300)                               Citibank                   (49,943)
          Nomura    Holdings     Inc                 Goldam    Sachs
     (136,400)                                                 (72,787)
          Nomura    Holdings     Inc
      (49,900)                              HSBC                   (10,113)
          Nomura    Real   Estate    Holdings     Inc           Barclays     Bank
      (27,000)                                                 (40,915)
          Nomura    Real   Estate    Holdings     Inc           Goldam    Sachs
      (17,000)                                                 (40,143)
          Nomura    Research     Institute     Ltd            Bank   of  America    Merrill    Lynch
      (4,700)                                                (12,890)
          Nomura    Research     Institute     Ltd            Barclays     Bank
      (10,600)                                                 (29,465)
          Nomura    Research     Institute     Ltd
      (6,300)                              HSBC                   (17,486)
          NS  Solutions     Corp                   Goldam    Sachs
      (5,600)                                                (13,848)
          NSK  Ltd                       Barclays     Bank
      (49,200)                                                 (25,157)
          NSK  Ltd                       Goldam    Sachs
      (28,200)                                                 (14,944)
          NTN  Corp                       Bank   of  America    Merrill    Lynch
      379,000                                                 88,086
                                106/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          日本（続き）
          NTN  Corp                       Barclays     Bank
      29,200                                                 7,058
          NTN  Corp                       Goldam    Sachs
      421,900                                                 98,057
          NTT  Data   Corp                     Bank   of  America    Merrill    Lynch
      136,900                                                 162,908
          NTT  Data   Corp                     Barclays     Bank
      39,300                                                 13,518
          NTT  DOCOMO    Inc                    Bank   of  America    Merrill    Lynch
      59,800                                                (56,428)
          NTT  DOCOMO    Inc                    Barclays     Bank
       8,000                                                (1,450)
          NTT  DOCOMO    Inc
      26,100                              Citibank                   (4,732)
          NTT  DOCOMO    Inc
      18,400                              HSBC                   (31,389)
          NTT  DOCOMO    Inc                    JP  Morgan
      14,600                                                (24,907)
          Obayashi     Corp                     JP  Morgan
      (31,000)                                                 (24,934)
          OBIC   Business     Consultants      Co  Ltd           Barclays     Bank
      (9,300)                                                (25,938)
          OBIC   Business     Consultants      Co  Ltd           Goldam    Sachs
      (20,300)                                                (116,065)
          OBIC   Business     Consultants      Co  Ltd
      (13,900)                              HSBC                   (74,950)
          OBIC   Business     Consultants      Co  Ltd           JP  Morgan
      (4,000)                                                (21,568)
          Obic   Co  Ltd                     Bank   of  America    Merrill    Lynch
      (16,600)                                                (226,858)
          Obic   Co  Ltd
      (12,900)                              HSBC                  (188,286)
          Odakyu    Electric     Railway    Co  Ltd            Barclays     Bank
      (33,000)                                                 (50,621)
          Odakyu    Electric     Railway    Co  Ltd
      (11,900)                              Citibank                   (18,254)
          Odakyu    Electric     Railway    Co  Ltd            Credit    Suisse
      (19,600)                                                 (65,233)
          Odakyu    Electric     Railway    Co  Ltd            Goldam    Sachs
      (16,300)                                                 (39,096)
          Odakyu    Electric     Railway    Co  Ltd            JP  Morgan
      (5,100)                                                (16,974)
          Oji  Holdings     Corp                   Bank   of  America    Merrill    Lynch
     (104,600)                                                 (12,642)
          Oji  Holdings     Corp                   Barclays     Bank
     (234,300)                                                  17,426
          Oji  Holdings     Corp                   Goldam    Sachs
     (247,700)                                                 (29,936)
          OKUMA   Corp                      Bank   of  America    Merrill    Lynch
      (53,500)                                                (126,830)
          OKUMA   Corp                      Credit    Suisse
      (3,100)                                                 (5,764)
          OKUMA   Corp                      Goldam    Sachs
      (62,400)                                                (147,929)
          OKUMA   Corp
      (10,100)                              HSBC                   (18,779)
          Olympus    Corp                     Bank   of  America    Merrill    Lynch
      42,300                                                 95,757
          Olympus    Corp                     Barclays     Bank
      60,900                                                102,760
          Olympus    Corp
       8,200                             Citibank                   13,836
          Olympus    Corp                     Goldam    Sachs
      48,200                                                109,113
          Omron   Corp                      Goldam    Sachs
      11,400                                                 49,812
          Ono  Pharmaceutical        Co  Ltd              Bank   of  America    Merrill    Lynch
      30,600                                                102,555
          Ono  Pharmaceutical        Co  Ltd              Barclays     Bank
      137,000                                                 291,029
          Open   House   Co  Ltd                  Bank   of  America    Merrill    Lynch
      (14,400)                                                 (78,851)
          Open   House   Co  Ltd                  Barclays     Bank
      (76,000)                                                (207,019)
          Open   House   Co  Ltd
      (55,800)                              HSBC                  (300,879)
          Open   House   Co  Ltd                  JP  Morgan
      (3,700)                                                (19,951)
          Oracle    Corp   Japan                   Goldam    Sachs
      (10,900)                                                 17,227
          Orient    Corp                      Bank   of  America    Merrill    Lynch
     (185,300)                                                 (18,949)
          Orient    Corp                      Barclays     Bank
     (133,500)                                                 (13,652)
          Orient    Corp
     (216,800)                               Citibank                   (22,171)
          Orient    Corp                      Credit    Suisse
     (928,200)                                                 (53,972)
          Orient    Corp                      Goldam    Sachs
     (102,300)                                                 (10,462)
                                107/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          日本（続き）
          Oriental     Land   Co  Ltd                 Bank   of  America    Merrill    Lynch
      (22,400)                                                (283,215)
          Oriental     Land   Co  Ltd                 Barclays     Bank
       (900)                                                (3,472)
          Oriental     Land   Co  Ltd                 Credit    Suisse
      (9,300)                                                (162,976)
          Oriental     Land   Co  Ltd
      (13,500)                              HSBC                  (236,578)
          ORIX   Corp
      98,000                              HSBC                   164,905
          Osaka   Gas  Co  Ltd                   Bank   of  America    Merrill    Lynch
      14,600                                                 8,415
          Osaka   Gas  Co  Ltd                   Barclays     Bank
      12,600                                                 12,768
          OSG  Corp                       Bank   of  America    Merrill    Lynch
      13,500                                                 12,927
          OSG  Corp
       9,700                             Citibank                    9,739
          OSG  Corp                       Credit    Suisse
      46,700                                                 48,625
          OSG  Corp
      88,600                              HSBC                   92,253
          OSG  Corp                       JP  Morgan
      25,000                                                 26,031
          Otsuka    Corp                      Bank   of  America    Merrill    Lynch
      (25,400)                                                 (88,551)
          Otsuka    Corp
      (3,200)                              Citibank                   (15,023)
          Otsuka    Corp                      Credit    Suisse
      (13,200)                                                 (27,935)
          Otsuka    Corp                      Goldam    Sachs
      (12,200)                                                 (42,532)
          Otsuka    Holdings     Co  Ltd                Bank   of  America    Merrill    Lynch
      46,400                                                263,997
          Otsuka    Holdings     Co  Ltd                Barclays     Bank
      63,700                                                393,221
          PALTAC    Corp                      Barclays     Bank
      (24,400)                                                 (38,563)
          PALTAC    Corp
      (5,000)                              Citibank                   (7,902)
          PALTAC    Corp                      Credit    Suisse
      (18,000)                                                 26,775
          PALTAC    Corp                      Goldam    Sachs
      (13,100)                                                 (13,397)
          PALTAC    Corp
      (3,400)                              HSBC                    5,057
          Pan  Pacific    International       Holdings     Corp        Barclays     Bank
      (60,100)                                                 (38,553)
          Pan  Pacific    International       Holdings     Corp        Goldam    Sachs
      (40,000)                                                 (56,152)
          Panasonic     Corp                    Barclays     Bank
      191,300                                                 149,213
          Park24    Co  Ltd                    Bank   of  America    Merrill    Lynch
      (24,700)                                                 (45,237)
          Park24    Co  Ltd
      (47,700)                              Citibank                   (33,702)
          Penta-Ocean      Construction       Co  Ltd           Bank   of  America    Merrill    Lynch
     (165,000)                                                 (35,281)
          Penta-Ocean      Construction       Co  Ltd           Barclays     Bank
     (153,500)                                                 (22,833)
          Penta-Ocean      Construction       Co  Ltd
     (228,200)                               Citibank                   (33,944)
          Penta-Ocean      Construction       Co  Ltd           Credit    Suisse
     (287,200)                                                 (16,020)
          Penta-Ocean      Construction       Co  Ltd           Goldam    Sachs
     (987,100)                                                 (211,066)
          Penta-Ocean      Construction       Co  Ltd           JP  Morgan
      (29,100)                                                 (1,623)
          PeptiDream      Inc                    Bank   of  America    Merrill    Lynch
      (59,000)                                                (257,798)
          PeptiDream      Inc                    Barclays     Bank
      (49,200)                                                (130,358)
          PeptiDream      Inc                    Credit    Suisse
      (29,600)                                                (158,230)
          PeptiDream      Inc                    Goldam    Sachs
      (9,800)                                                (42,821)
          Persol    Holdings     Co  Ltd                Bank   of  America    Merrill    Lynch
      (11,000)                                                 (17,589)
          Persol    Holdings     Co  Ltd
      (10,200)                              HSBC                   (20,388)
          Pigeon    Corp                      Bank   of  America    Merrill    Lynch
      (23,300)                                                 (3,249)
          Pigeon    Corp                      Barclays     Bank
      (13,700)                                                 (15,284)
          Pigeon    Corp                      Credit    Suisse
      (19,600)                                                 (29,154)
          Pigeon    Corp                      Goldam    Sachs
      (35,800)                                                 (4,992)
          Pigeon    Corp
      (29,300)                              HSBC                   (43,583)
                                108/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          日本（続き）
          Pilot   Corp                      Bank   of  America    Merrill    Lynch
      17,900                                                 26,626
          Pilot   Corp                      Barclays     Bank
      17,300                                                 49,858
          Pilot   Corp                      Goldam    Sachs
      10,800                                                 16,065
          Pilot   Corp
       2,300                             HSBC                    3,314
          Pilot   Corp                      JP  Morgan
        900                                                1,297
          Pola   Orbis   Holdings     Inc               Bank   of  America    Merrill    Lynch
      34,800                                                 38,823
          Pola   Orbis   Holdings     Inc               Barclays     Bank
      57,800                                                 66,094
          Pola   Orbis   Holdings     Inc               Goldam    Sachs
       9,000                                                10,040
          Rakuten    Inc                     Barclays     Bank
      345,100                                                 (44,916)
          Rakuten    Inc                     Goldam    Sachs
      70,100                                                (13,686)
          Rakuten    Inc
      32,500                              HSBC                   (5,874)
          Recruit    Holdings     Co  Ltd               Barclays     Bank
      23,900                                                 84,433
          Recruit    Holdings     Co  Ltd               Goldam    Sachs
      28,200                                                105,391
          Recruit    Holdings     Co  Ltd               JP  Morgan
      16,300                                                 85,012
          Relo   Group   Inc                    Bank   of  America    Merrill    Lynch
      (25,100)                                                 (7,700)
          Relo   Group   Inc                    Barclays     Bank
      (97,800)                                                 (13,638)
          Relo   Group   Inc                    Goldam    Sachs
      (14,000)                                                 (4,295)
          Relo   Group   Inc
      (49,600)                              HSBC                   (88,995)
          Renesas    Electronics      Corp               Bank   of  America    Merrill    Lynch
      (53,400)                                                  (496)
          Renesas    Electronics      Corp               Barclays     Bank
      (59,800)                                                 (7,227)
          Renesas    Electronics      Corp               Goldam    Sachs
      (52,500)                                                  (488)
          Rengo   Co  Ltd                     Bank   of  America    Merrill    Lynch
      (20,000)                                                  5,764
          Rengo   Co  Ltd                     Goldam    Sachs
      (45,000)                                                 12,969
          Resona    Holdings     Inc                 Barclays     Bank
     (341,800)                                                 (156,021)
          Resona    Holdings     Inc                 Goldam    Sachs
     (224,800)                                                 (112,019)
          Resona    Holdings     Inc
     (528,000)                               HSBC                  (310,718)
          Resorttrust      Inc                   Barclays     Bank
      27,200                                                 29,333
          Resorttrust      Inc                   Credit    Suisse
       4,200                                                 8,785
          Resorttrust      Inc                   Goldam    Sachs
      55,100                                                107,572
          Ricoh   Co  Ltd                     Bank   of  America    Merrill    Lynch
      53,600                                                 38,868
          Ricoh   Co  Ltd                     Barclays     Bank
      366,700                                                 190,910
          Ricoh   Co  Ltd                     Credit    Suisse
       2,000                                                  614
          Ricoh   Co  Ltd                     Goldam    Sachs
      101,700                                                 73,747
          Ricoh   Co  Ltd
      67,600                              HSBC                   20,739
          Rohm   Co  Ltd                     Bank   of  America    Merrill    Lynch
      11,100                                                 15,479
          Rohm   Co  Ltd                     Barclays     Bank
       8,600                                                 6,396
          Rohm   Co  Ltd                     Credit    Suisse
      10,200                                                 36,034
          Rohm   Co  Ltd                     Goldam    Sachs
      19,800                                                 27,611
          Rohm   Co  Ltd
       7,800                             HSBC                   27,555
          Rohm   Co  Ltd                     JP  Morgan
        500                                                1,766
          Rohto   Pharmaceutical        Co  Ltd             Barclays     Bank
      (5,400)                                                 (3,012)
          Rohto   Pharmaceutical        Co  Ltd
      (6,300)                              Citibank                   (3,514)
          Ryohin    Keikaku    Co  Ltd                Barclays     Bank
      (57,600)                                                 (72,827)
          Ryohin    Keikaku    Co  Ltd                Goldam    Sachs
      (52,300)                                                 (91,895)
          Sankyo    Co  Ltd                    Bank   of  America    Merrill    Lynch
      180,500                                                 58,732
                                109/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          日本（続き）
          Sankyo    Co  Ltd                    Credit    Suisse
       2,600                                                (3,239)
          Sankyo    Co  Ltd                    Goldam    Sachs
      22,100                                                 7,191
          Sankyo    Co  Ltd
      20,200                              HSBC                   (25,164)
          Sankyu    Inc                      Bank   of  America    Merrill    Lynch
       9,100                                                37,647
          Sankyu    Inc
      11,900                              HSBC                   40,933
          Sanrio    Co  Ltd                    Bank   of  America    Merrill    Lynch
      (13,500)                                                 (17,947)
          Sanrio    Co  Ltd
      (24,900)                              Citibank                   (29,399)
          Sanrio    Co  Ltd                    Credit    Suisse
      (62,400)                                                 (98,619)
          Sanrio    Co  Ltd                    Goldam    Sachs
      (36,100)                                                 (47,992)
          Santen    Pharmaceutical        Co  Ltd             Bank   of  America    Merrill    Lynch
      17,800                                                 14,893
          Santen    Pharmaceutical        Co  Ltd             Barclays     Bank
      74,000                                                 94,938
          Santen    Pharmaceutical        Co  Ltd             Goldam    Sachs
      26,500                                                 22,173
          Sanwa   Holdings     Corp                  Bank   of  America    Merrill    Lynch
      139,000                                                 63,320
          Sanwa   Holdings     Corp
      196,400                              Citibank                   96,771
          Sanwa   Holdings     Corp                  Credit    Suisse
      127,500                                                 106,680
          Sanwa   Holdings     Corp                  Goldam    Sachs
      137,900                                                 62,819
          Sapporo    Holdings     Ltd                 Bank   of  America    Merrill    Lynch
      44,500                                                 96,393
          Sapporo    Holdings     Ltd                 Barclays     Bank
      84,300                                                126,178
          Sapporo    Holdings     Ltd                 Goldam    Sachs
      112,000                                                 242,607
          Sawai   Pharmaceutical        Co  Ltd             Bank   of  America    Merrill    Lynch
       8,600                                                47,971
          Sawai   Pharmaceutical        Co  Ltd             Barclays     Bank
      32,800                                                112,825
          Sawai   Pharmaceutical        Co  Ltd             Goldam    Sachs
      26,100                                                145,586
          SBI  Holdings     Inc                   Credit    Suisse
      (32,200)                                                 (58,973)
          SBI  Holdings     Inc                   Goldam    Sachs
      (35,000)                                                 (54,665)
          SBI  Holdings     Inc
      (52,000)                              HSBC                   (95,235)
          SBI  Holdings     Inc                   JP  Morgan
      (13,300)                                                 (24,358)
          SCREEN    Holdings     Co  Ltd                Bank   of  America    Merrill    Lynch
      (3,300)                                                 21,936
          SCREEN    Holdings     Co  Ltd                Barclays     Bank
      (5,500)                                                 12,527
          SCREEN    Holdings     Co  Ltd                Goldam    Sachs
      (16,500)                                                 109,678
          SCREEN    Holdings     Co  Ltd
      (33,800)                              HSBC                   111,551
          SCSK   Corp
      (3,100)                              Citibank                   (10,519)
          Secom   Co  Ltd                     Bank   of  America    Merrill    Lynch
       6,300                                                22,256
          Secom   Co  Ltd                     Barclays     Bank
       7,400                                                18,850
          Secom   Co  Ltd                     Credit    Suisse
       4,000                                                11,342
          Secom   Co  Ltd                     Goldam    Sachs
      40,100                                                141,663
          Sega   Sammy   Holdings     Inc               Barclays     Bank
      18,400                                                  171
          Sega   Sammy   Holdings     Inc               Credit    Suisse
      23,300                                                  (719)
          Sega   Sammy   Holdings     Inc
      14,900                              HSBC                    1,656
          Seibu   Holdings     Inc                  Bank   of  America    Merrill    Lynch
      103,200                                                 138,156
          Seibu   Holdings     Inc                  Barclays     Bank
      41,000                                                 9,910
          Seibu   Holdings     Inc                  Credit    Suisse
      84,500                                                115,620
          Seibu   Holdings     Inc                  Goldam    Sachs
      113,400                                                 151,811
          Seibu   Holdings     Inc
      38,000                              HSBC                   44,753
          Seibu   Holdings     Inc                  JP  Morgan
      25,300                                                 35,227
          Seiko   Epson   Corp                   Barclays     Bank
      53,700                                                 35,945
                                110/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          日本（続き）
          Seiko   Epson   Corp
      31,000                              Citibank                   20,750
          Seiko   Epson   Corp                   Goldam    Sachs
      16,000                                                 17,552
          Seino   Holdings     Co  Ltd                Bank   of  America    Merrill    Lynch
      192,800                                                 299,332
          Seino   Holdings     Co  Ltd                Barclays     Bank
      154,300                                                 193,655
          Seino   Holdings     Co  Ltd                Goldam    Sachs
      114,200                                                 177,301
          Sekisui    Chemical     Co  Ltd               Bank   of  America    Merrill    Lynch
      154,400                                                 256,939
          Sekisui    Chemical     Co  Ltd
      46,500                              Citibank                   43,662
          Sekisui    Chemical     Co  Ltd               Credit    Suisse
      139,800                                                 189,753
          Sekisui    Chemical     Co  Ltd               JP  Morgan
      109,300                                                 148,355
          Sekisui    House   Ltd                  Bank   of  America    Merrill    Lynch
      218,400                                                 506,585
          Sekisui    House   Ltd                  Barclays     Bank
      134,500                                                 158,176
          Sekisui    House   Ltd
      12,500                              Citibank                   14,700
          Sekisui    House   Ltd                  Credit    Suisse
       3,300                                                 5,906
          Sekisui    House   Ltd                  Goldam    Sachs
      214,800                                                 498,235
          Sekisui    House   Ltd
      202,300                              HSBC                   362,039
          Seven   & i Holdings     Co  Ltd              Barclays     Bank
      45,300                                                 90,966
          Seven   Bank   Ltd                    Bank   of  America    Merrill    Lynch
      (52,400)                                                 (10,717)
          Seven   Bank   Ltd                    Barclays     Bank
     (102,000)                                                  (4,741)
          Seven   Bank   Ltd                    Credit    Suisse
      (43,000)                                                 (9,774)
          Seven   Bank   Ltd                    Goldam    Sachs
     (146,700)                                                 (30,004)
          SG  Holdings     Co  Ltd                  Bank   of  America    Merrill    Lynch
      (33,200)                                                (132,720)
          SG  Holdings     Co  Ltd                  Credit    Suisse
      (38,600)                                                (174,044)
          SG  Holdings     Co  Ltd
     (119,800)                               HSBC                  (540,166)
          Sharp   Corp                      Barclays     Bank
     (133,200)                                                 (61,916)
          Sharp   Corp
      (24,100)                              Citibank                   (11,203)
          Sharp   Corp                      Credit    Suisse
      (34,400)                                                 (14,892)
          Sharp   Corp                      Goldam    Sachs
     (175,500)                                                 (76,684)
          Sharp   Corp                      JP  Morgan
      (13,000)                                                 (7,464)
          Shiga   Bank   Ltd                    Credit    Suisse
       7,500                                                (3,626)
          Shiga   Bank   Ltd                    Goldam    Sachs
       7,500                                                18,477
          Shiga   Bank   Ltd
       2,300                             HSBC                   (1,112)
          Shikoku    Electric     Power   Co  Inc            Bank   of  America    Merrill    Lynch
     (143,300)                                                  (5,329)
          Shikoku    Electric     Power   Co  Inc            Barclays     Bank
     (235,900)                                                 (19,738)
          Shikoku    Electric     Power   Co  Inc            Goldam    Sachs
     (163,100)                                                  (6,065)
          Shikoku    Electric     Power   Co  Inc
     (131,100)                               HSBC                   (10,969)
          Shimadzu     Corp                     Bank   of  America    Merrill    Lynch
      (2,300)                                                 (3,592)
          Shimadzu     Corp                     Goldam    Sachs
      (28,200)                                                 (44,044)
          Shimamura     Co  Ltd                   Barclays     Bank
      (6,900)                                                (41,054)
          Shimamura     Co  Ltd                   Goldam    Sachs
      (2,300)                                                (16,464)
          Shimamura     Co  Ltd                   JP  Morgan
      (2,800)                                                (16,640)
          Shimano    Inc                     Bank   of  America    Merrill    Lynch
      (7,400)                                                (63,980)
          Shimano    Inc                     Barclays     Bank
      (12,400)                                                 69,167
          Shimano    Inc                     JP  Morgan
      (4,300)                                                (106,336)
          Shimizu    Corp                     Bank   of  America    Merrill    Lynch
     (239,200)                                                 (148,993)
          Shimizu    Corp                     Goldam    Sachs
     (210,700)                                                 (131,241)
                                111/270



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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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          Shin-Etsu     Chemical     Co  Ltd              Bank   of  America    Merrill    Lynch
       1,100                                                 6,852
          Shin-Etsu     Chemical     Co  Ltd              JP  Morgan
       2,100                                                13,369
          Shinsei    Bank   Ltd                   Bank   of  America    Merrill    Lynch
      (41,100)                                                 (33,242)
          Shinsei    Bank   Ltd                   Barclays     Bank
      (32,700)                                                 (20,064)
          Shinsei    Bank   Ltd                   Credit    Suisse
      (1,000)                                                  (502)
          Shinsei    Bank   Ltd                   Goldam    Sachs
      (9,200)                                                 (7,441)
          Shinsei    Bank   Ltd
      (16,100)                              HSBC                   (8,083)
          Shionogi     & Co  Ltd                  Bank   of  America    Merrill    Lynch
      28,900                                                173,833
          Ship   Healthcare      Holdings     Inc
      (2,500)                              HSBC                    3,486
          Shiseido     Co  Ltd                   Bank   of  America    Merrill    Lynch
      (22,000)                                                 (19,430)
          Shiseido     Co  Ltd                   Barclays     Bank
      (3,300)                                                 (5,093)
          Shiseido     Co  Ltd                   Goldam    Sachs
      (23,300)                                                 (20,578)
          Shizuoka     Bank   Ltd                  Bank   of  America    Merrill    Lynch
      147,200                                                 88,951
          Shizuoka     Bank   Ltd
      125,400                              Citibank                   74,612
          Shizuoka     Bank   Ltd                  Credit    Suisse
      50,000                                                 18,593
          Shizuoka     Bank   Ltd                  Goldam    Sachs
      20,600                                                 12,448
          SHO-BOND     Holdings     Co  Ltd               Bank   of  America    Merrill    Lynch
      (33,600)                                                (131,195)
          SHO-BOND     Holdings     Co  Ltd               Barclays     Bank
      (18,400)                                                 (44,475)
          SHO-BOND     Holdings     Co  Ltd
      (5,300)                              Citibank                   (12,811)
          SHO-BOND     Holdings     Co  Ltd               Credit    Suisse
      (26,600)                                                (145,902)
          SHO-BOND     Holdings     Co  Ltd               Goldam    Sachs
      (58,100)                                                (226,858)
          SHO-BOND     Holdings     Co  Ltd
      (34,400)                              HSBC                  (179,616)
          Shochiku     Co  Ltd                   Bank   of  America    Merrill    Lynch
       (200)                                                (1,989)
          Shochiku     Co  Ltd
      (3,000)                              Citibank                   (21,196)
          Shochiku     Co  Ltd                   Credit    Suisse
      (9,100)                                                (148,896)
          Shochiku     Co  Ltd                   Goldam    Sachs
      (23,100)                                                (229,787)
          Shochiku     Co  Ltd                   JP  Morgan
      (2,700)                                                (44,178)
          Showa   Denko   KK                   Barclays     Bank
      (22,600)                                                 (57,989)
          Showa   Denko   KK
      (13,300)                              Citibank                   (34,126)
          Showa   Denko   KK                   Credit    Suisse
      (7,800)                                                (21,972)
          Showa   Denko   KK                   Goldam    Sachs
      (76,400)                                                (166,203)
          Skylark    Holdings     Co  Ltd               Credit    Suisse
      62,500                                                 27,309
          Skylark    Holdings     Co  Ltd               JP  Morgan
      97,000                                                 42,384
          SMC  Corp                       Bank   of  America    Merrill    Lynch
      (2,000)                                                (38,488)
          SMC  Corp                       Barclays     Bank
      (1,800)                                                (17,571)
          SMC  Corp
      (1,000)                              Citibank                   (9,762)
          SMC  Corp                       Credit    Suisse
       (600)                                               (21,252)
          SMC  Corp                       Goldam    Sachs
      (2,000)                                                (38,488)
          SMC  Corp
      (1,500)                              HSBC                   (53,131)
          SMC  Corp                       JP  Morgan
      (2,900)                                                (102,719)
          SMS  Co  Ltd                      Bank   of  America    Merrill    Lynch
      (38,800)                                                 (54,107)
          SMS  Co  Ltd                      Barclays     Bank
      (51,300)                                                 (24,800)
          SMS  Co  Ltd
      (6,500)                              Citibank                   (3,142)
          SMS  Co  Ltd                      Credit    Suisse
      (7,400)                                                (12,616)
          SMS  Co  Ltd                      Goldam    Sachs
      (19,200)                                                 (26,775)
                                112/270



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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）
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                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          日本（続き）
          SoftBank     Group   Corp                  Bank   of  America    Merrill    Lynch
      (5,900)                                                (14,151)
          SoftBank     Group   Corp                  Goldam    Sachs
      (21,700)                                                 (52,049)
          SoftBank     Group   Corp
      (64,400)                              HSBC                   (98,188)
          Sohgo   Security     Services     Co  Ltd            Credit    Suisse
       1,500                                                 2,650
          Sohgo   Security     Services     Co  Ltd            Goldam    Sachs
       1,800                                                (1,841)
          Sohgo   Security     Services     Co  Ltd
      36,900                              HSBC                   65,179
          Sojitz    Corp                      Bank   of  America    Merrill    Lynch
      407,900                                                 68,258
          Sojitz    Corp                      Goldam    Sachs
      714,200                                                 119,515
          Sony   Corp                       Bank   of  America    Merrill    Lynch
      (13,900)                                                 (1,163)
          Sony   Corp                       Goldam    Sachs
      (25,200)                                                 (2,108)
          Sony   Financial     Holdings     Inc             Bank   of  America    Merrill    Lynch
      (36,300)                                                (199,782)
          Sony   Financial     Holdings     Inc             Barclays     Bank
      (27,900)                                                  (259)
          Sony   Financial     Holdings     Inc             Goldam    Sachs
      (6,800)                                                (37,425)
          Sony   Financial     Holdings     Inc
      (7,900)                              HSBC                   (42,302)
          Sotetsu    Holdings     Inc                 Bank   of  America    Merrill    Lynch
      32,500                                                 62,241
          Sotetsu    Holdings     Inc                 Barclays     Bank
       8,200                                                14,256
          Sotetsu    Holdings     Inc
       1,400                             Citibank                    2,434
          Sotetsu    Holdings     Inc                 Credit    Suisse
       3,400                                                10,621
          Sotetsu    Holdings     Inc                 Deutsche     Bank
      12,100                                                 23,173
          Sotetsu    Holdings     Inc                 Goldam    Sachs
       5,800                                                11,108
          Sotetsu    Holdings     Inc                 JP  Morgan
      14,000                                                 43,732
          Square    Enix   Holdings     Co  Ltd             Goldam    Sachs
      (3,000)                                                (12,829)
          Subaru    Corp                      Bank   of  America    Merrill    Lynch
     (117,700)                                                 (281,215)
          Subaru    Corp                      Credit    Suisse
      (5,500)                                                (13,473)
          Subaru    Corp                      Goldam    Sachs
      (85,200)                                                (203,564)
          Sugi   Holdings     Co  Ltd                 Bank   of  America    Merrill    Lynch
      36,800                                                 88,951
          Sugi   Holdings     Co  Ltd                 Barclays     Bank
      21,700                                                 2,017
          Sugi   Holdings     Co  Ltd                 Credit    Suisse
      15,800                                                 86,664
          Sugi   Holdings     Co  Ltd                 Goldam    Sachs
      28,300                                                 68,405
          Sugi   Holdings     Co  Ltd
      12,500                              HSBC                   68,563
          Sugi   Holdings     Co  Ltd                 JP  Morgan
       6,500                                                35,653
          SUMCO   Corp                      Bank   of  America    Merrill    Lynch
      (58,700)                                                 (1,091)
          SUMCO   Corp                      Barclays     Bank
      (1,000)                                                  (214)
          SUMCO   Corp
      (8,300)                              Citibank                   (1,775)
          SUMCO   Corp                      Goldam    Sachs
      (15,400)                                                  (286)
          SUMCO   Corp
      (32,200)                              HSBC                   (30,534)
          Sumitomo     Bakelite     Co  Ltd               Bank   of  America    Merrill    Lynch
      51,200                                                 89,486
          Sumitomo     Bakelite     Co  Ltd               Barclays     Bank
      37,700                                                 16,122
          Sumitomo     Bakelite     Co  Ltd               Credit    Suisse
      14,900                                                 33,384
          Sumitomo     Bakelite     Co  Ltd               Goldam    Sachs
      29,600                                                 51,734
          Sumitomo     Bakelite     Co  Ltd
      22,400                              HSBC                   50,187
          Sumitomo     Bakelite     Co  Ltd               JP  Morgan
       9,000                                                20,165
          Sumitomo     Chemical     Co  Ltd               Bank   of  America    Merrill    Lynch
      400,400                                                 48,391
          Sumitomo     Chemical     Co  Ltd               Goldam    Sachs
      115,500                                                 13,959
          Sumitomo     Corp                     Barclays     Bank
      (14,100)                                                 (12,453)
                                113/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          日本（続き）
          Sumitomo     Corp
      (19,100)                              Citibank                   (16,869)
          Sumitomo     Corp                     Goldam    Sachs
      (45,300)                                                 (28,427)
          Sumitomo     Corp
      (18,100)                              HSBC                    (249)
          Sumitomo     Dainippon     Pharma    Co  Ltd           Bank   of  America    Merrill    Lynch
      37,400                                                 62,238
          Sumitomo     Dainippon     Pharma    Co  Ltd           Barclays     Bank
      56,500                                                 73,012
          Sumitomo     Dainippon     Pharma    Co  Ltd           Goldam    Sachs
      45,800                                                 76,216
          Sumitomo     Electric     Industries      Ltd           Bank   of  America    Merrill    Lynch
      159,300                                                 251,764
          Sumitomo     Electric     Industries      Ltd           Barclays     Bank
      69,400                                                 70,971
          Sumitomo     Electric     Industries      Ltd
      12,200                              Citibank                   12,476
          Sumitomo     Electric     Industries      Ltd           Credit    Suisse
      26,500                                                 41,758
          Sumitomo     Electric     Industries      Ltd           Goldam    Sachs
      69,200                                                109,366
          Sumitomo     Electric     Industries      Ltd
      83,800                              HSBC                   132,051
          Sumitomo     Forestry     Co  Ltd
      10,800                              Citibank                   10,040
          Sumitomo     Forestry     Co  Ltd               Goldam    Sachs
      18,300                                                 28,752
          Sumitomo     Forestry     Co  Ltd
       9,800                             HSBC                    7,744
          Sumitomo     Heavy   Industries      Ltd            Credit    Suisse
       8,000                                                15,197
          Sumitomo     Metal   Mining    Co  Ltd             Bank   of  America    Merrill    Lynch
      (69,900)                                                (144,589)
          Sumitomo     Metal   Mining    Co  Ltd             Barclays     Bank
      (70,000)                                                (133,733)
          Sumitomo     Metal   Mining    Co  Ltd             Credit    Suisse
      (63,800)                                                (169,635)
          Sumitomo     Metal   Mining    Co  Ltd             Goldam    Sachs
      (49,200)                                                (101,771)
          Sumitomo     Metal   Mining    Co  Ltd
      (9,000)                              HSBC                   (15,610)
          Sumitomo     Mitsui    Financial     Group   Inc         Bank   of  America    Merrill    Lynch
      32,000                                                121,824
          Sumitomo     Mitsui    Financial     Group   Inc         Barclays     Bank
      145,000                                                 379,468
          Sumitomo     Mitsui    Trust   Holdings     Inc          Barclays     Bank
      (18,100)                                                 (53,258)
          Sumitomo     Mitsui    Trust   Holdings     Inc          Goldam    Sachs
      (37,500)                                                 (77,918)
          Sumitomo     Osaka   Cement    Co  Ltd             Bank   of  America    Merrill    Lynch
      32,500                                                 66,471
          Sumitomo     Osaka   Cement    Co  Ltd
      10,700                              Citibank                    1,492
          Sumitomo     Osaka   Cement    Co  Ltd             Credit    Suisse
       4,800                                                 7,363
          Sumitomo     Osaka   Cement    Co  Ltd             Goldam    Sachs
       5,200                                                10,635
          Sumitomo     Realty    & Development      Co  Ltd         Goldam    Sachs
      (4,400)                                                 (8,733)
          Sumitomo     Rubber    Industries      Ltd            Bank   of  America    Merrill    Lynch
      98,300                                                 69,454
          Sumitomo     Rubber    Industries      Ltd            Barclays     Bank
      16,900                                                 6,285
          Sumitomo     Rubber    Industries      Ltd            Credit    Suisse
       4,900                                                 3,918
          Sumitomo     Rubber    Industries      Ltd            Goldam    Sachs
      68,100                                                 48,116
          Sumitomo     Rubber    Industries      Ltd
       6,600                             HSBC                    5,277
          Sumitomo     Rubber    Industries      Ltd            JP  Morgan
      29,800                                                 23,826
          Sundrug    Co  Ltd                    Bank   of  America    Merrill    Lynch
      41,300                                                (28,797)
          Sundrug    Co  Ltd                    Barclays     Bank
       5,100                                                12,802
          Sundrug    Co  Ltd
       8,600                             Citibank                   21,587
          Sundrug    Co  Ltd                    Credit    Suisse
      13,200                                                 (1,227)
          Sundrug    Co  Ltd                    Goldam    Sachs
       8,300                                                (5,787)
          Sundrug    Co  Ltd
       4,300                             HSBC                    (400)
          Suntory    Beverage     & Food   Ltd             Bank   of  America    Merrill    Lynch
      103,300                                                 307,312
          Suntory    Beverage     & Food   Ltd             Barclays     Bank
      80,700                                                210,068
          Sushiro    Global    Holdings     Ltd             Bank   of  America    Merrill    Lynch
       7,900                                                21,446
                                114/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          日本（続き）
          Sushiro    Global    Holdings     Ltd             Goldam    Sachs
      20,600                                                 55,922
          Sushiro    Global    Holdings     Ltd
       6,600                             HSBC                   21,026
          Sushiro    Global    Holdings     Ltd             JP  Morgan
        200                                                 563
          Suzuken    Co  Ltd                    Bank   of  America    Merrill    Lynch
      (9,800)                                                (22,321)
          Suzuken    Co  Ltd                    Barclays     Bank
      (3,400)                                                 (8,850)
          Suzuken    Co  Ltd
      (8,600)                              Citibank                   (22,386)
          Suzuken    Co  Ltd                    Goldam    Sachs
      (21,300)                                                 (48,515)
          Sysmex    Corp                      Barclays     Bank
      25,000                                                 92,735
          Sysmex    Corp                      Credit    Suisse
       2,500                                                18,634
          Sysmex    Corp                      Goldam    Sachs
       1,600                                                 9,416
          T&D  Holdings     Inc                   Barclays     Bank
     (130,500)                                                 (152,866)
          T&D  Holdings     Inc                   Credit    Suisse
      (34,300)                                                 (35,471)
          T&D  Holdings     Inc                   Goldam    Sachs
      (95,500)                                                (126,960)
          T&D  Holdings     Inc                   JP  Morgan
     (125,500)                                                 (113,173)
          Tadano    Ltd                      Bank   of  America    Merrill    Lynch
     (269,400)                                                 (177,822)
          Tadano    Ltd                      Barclays     Bank
      (69,100)                                                 (14,775)
          Tadano    Ltd                      Credit    Suisse
      (97,800)                                                 (50,007)
          Tadano    Ltd                      Goldam    Sachs
     (137,000)                                                 (90,429)
          Tadano    Ltd
      (79,200)                              HSBC                   (40,496)
          Tadano    Ltd                      JP  Morgan
      (2,000)                                                 (1,023)
          Taiheiyo     Cement    Corp                 Bank   of  America    Merrill    Lynch
      39,100                                                158,850
          Taiheiyo     Cement    Corp                 Barclays     Bank
       7,400                                                 5,435
          Taiheiyo     Cement    Corp
        800                            Citibank                     588
          Taiheiyo     Cement    Corp                 Credit    Suisse
       6,100                                                20,586
          Taiheiyo     Cement    Corp                 Goldam    Sachs
      89,700                                                364,421
          Taiheiyo     Cement    Corp
      24,700                              HSBC                   83,355
          Taiheiyo     Cement    Corp                 JP  Morgan
      32,000                                                107,991
          Taisei    Corp                      Bank   of  America    Merrill    Lynch
     (135,300)                                                 (264,147)
          Taisei    Corp                      Barclays     Bank
      (43,900)                                                 (40,813)
          Taisei    Corp                      Goldam    Sachs
     (117,500)                                                 (229,396)
          Taisho    Pharmaceutical        Holdings     Co  Ltd        Bank   of  America    Merrill    Lynch
      18,100                                                122,837
          Taisho    Pharmaceutical        Holdings     Co  Ltd        Barclays     Bank
      13,400                                                 58,551
          Taisho    Pharmaceutical        Holdings     Co  Ltd        Goldam    Sachs
      17,600                                                119,444
          Taiyo   Nippon    Sanso   Corp                JP  Morgan
     (111,400)                                                 (151,205)
          Taiyo   Yuden   Co  Ltd
      (38,100)                              Citibank                   (23,732)
          Taiyo   Yuden   Co  Ltd                  Credit    Suisse
      (89,600)                                                 41,649
          Taiyo   Yuden   Co  Ltd                  JP  Morgan
      (14,800)                                                  6,880
          Takara    Bio  Inc                    Bank   of  America    Merrill    Lynch
      (13,600)                                                 (62,459)
          Takara    Bio  Inc                    Barclays     Bank
      (17,400)                                                 (39,955)
          Takara    Bio  Inc                    Credit    Suisse
      (8,200)                                                (29,573)
          Takara    Bio  Inc                    Goldam    Sachs
      (22,600)                                                (103,792)
          Takara    Bio  Inc                    JP  Morgan
      (9,300)                                                (35,016)
          Takara    Holdings     Inc                 Bank   of  America    Merrill    Lynch
      (22,200)                                                 (21,877)
          Takara    Holdings     Inc                 Goldam    Sachs
      (83,000)                                                 (81,792)
          Takashimaya      Co  Ltd                  Bank   of  America    Merrill    Lynch
      (52,000)                                                 (42,058)
                                115/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          日本（続き）
          Takashimaya      Co  Ltd                  Barclays     Bank
     (107,700)                                                 (72,090)
          Takashimaya      Co  Ltd                  Credit    Suisse
      (27,500)                                                 (23,191)
          Takeda    Pharmaceutical        Co  Ltd             Goldam    Sachs
      (97,300)                                                (161,918)
          TDK  Corp                       Barclays     Bank
       4,100                                                25,157
          TDK  Corp                       Goldam    Sachs
       2,800                                                16,660
          TDK  Corp                       JP  Morgan
       1,500                                                 9,122
          TechnoPro     Holdings     Inc                Bank   of  America    Merrill    Lynch
      (19,800)                                                 (57,063)
          TechnoPro     Holdings     Inc                Goldam    Sachs
      (9,000)                                                (25,938)
          Teijin    Ltd                      Bank   of  America    Merrill    Lynch
      82,300                                                 85,693
          Teijin    Ltd
      63,700                              Citibank                   53,298
          Teijin    Ltd                      Credit    Suisse
      124,400                                                 95,990
          Teijin    Ltd                      Goldam    Sachs
      270,000                                                 281,132
          Teijin    Ltd
      50,800                              HSBC                   39,199
          Teijin    Ltd                      JP  Morgan
      96,400                                                 74,385
          Terumo    Corp                      Barclays     Bank
       5,000                                                16,409
          Terumo    Corp                      Goldam    Sachs
       5,200                                                27,942
          Terumo    Corp
       2,100                             HSBC                   11,683
          THK  Co  Ltd                      Bank   of  America    Merrill    Lynch
      (49,000)                                                (104,774)
          THK  Co  Ltd
      (29,300)                              Citibank                   (56,385)
          THK  Co  Ltd                      Credit    Suisse
      (47,300)                                                 (86,188)
          THK  Co  Ltd                      Goldam    Sachs
      (32,200)                                                 (68,851)
          THK  Co  Ltd
      (8,900)                              HSBC                   (16,217)
          THK  Co  Ltd                      JP  Morgan
      (16,900)                                                 (30,794)
          TIS  Inc                       Barclays     Bank
      (7,600)                                                 (6,430)
          TIS  Inc                       Goldam    Sachs
      (5,600)                                                 (5,050)
          TIS  Inc                       JP  Morgan
      (12,900)                                                 (16,717)
          Tobu   Railway    Co  Ltd                 Goldam    Sachs
      36,900                                                 61,749
          Toda   Corp                       Bank   of  America    Merrill    Lynch
     (396,200)                                                 (128,917)
          Toda   Corp                       Barclays     Bank
     (245,000)                                                 (77,442)
          Toda   Corp
      (48,200)                              Citibank                   (15,235)
          Toda   Corp                       Goldam    Sachs
     (328,000)                                                 (106,726)
          Toda   Corp
      (30,700)                              HSBC                   (7,421)
          Toda   Corp                       JP  Morgan
      (48,700)                                                 (11,771)
          Toho   Co  Ltd
       (900)                             Citibank                   (1,464)
          Toho   Co  Ltd                     Credit    Suisse
      (12,000)                                                 (44,066)
          Toho   Co  Ltd
      (32,400)                              HSBC                  (118,979)
          Toho   Co  Ltd                     JP  Morgan
      (10,600)                                                 (38,925)
          Toho   Gas  Co  Ltd                   Bank   of  America    Merrill    Lynch
      (39,000)                                                 184,911
          Toho   Gas  Co  Ltd                   Credit    Suisse
       (900)                                                3,012
          Tohoku    Electric     Power   Co  Inc             Bank   of  America    Merrill    Lynch
     (126,300)                                                 (91,586)
          Tohoku    Electric     Power   Co  Inc             Barclays     Bank
     (276,300)                                                 (164,395)
          Tohoku    Electric     Power   Co  Inc
      (53,700)                              HSBC                   (45,929)
          Tokai   Carbon    Co  Ltd                 Barclays     Bank
     (261,700)                                                 (192,203)
          Tokai   Carbon    Co  Ltd
     (144,200)                               Citibank                  (105,906)
          Tokai   Carbon    Co  Ltd                 Goldam    Sachs
     (426,700)                                                 (357,021)
                                116/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          日本（続き）
          Tokai   Carbon    Co  Ltd                 JP  Morgan
     (138,500)                                                 (190,564)
          Tokai   Rika   Co  Ltd                  Bank   of  America    Merrill    Lynch
      192,100                                                 325,033
          Tokai   Rika   Co  Ltd                  Barclays     Bank
      11,100                                                 11,558
          Tokai   Rika   Co  Ltd                  Credit    Suisse
       9,500                                                17,286
          Tokai   Rika   Co  Ltd                  Goldam    Sachs
      25,000                                                 42,300
          Tokai   Rika   Co  Ltd                  JP  Morgan
      10,400                                                 16,428
          Tokio   Marine    Holdings     Inc              Credit    Suisse
      20,800                                                 42,735
          Tokuyama     Corp                     Bank   of  America    Merrill    Lynch
      56,400                                                116,402
          Tokuyama     Corp                     Barclays     Bank
      33,600                                                 51,229
          Tokuyama     Corp                     Credit    Suisse
      25,700                                                 70,005
          Tokuyama     Corp                     Goldam    Sachs
      130,000                                                 268,303
          Tokuyama     Corp
       7,300                             HSBC                   19,885
          Tokyo   Broadcasting       System    Holdings     Inc        Bank   of  America    Merrill    Lynch
      (71,100)                                                (114,352)
          Tokyo   Broadcasting       System    Holdings     Inc        Barclays     Bank
     (135,700)                                                 (82,002)
          Tokyo   Broadcasting       System    Holdings     Inc        Goldam    Sachs
     (179,300)                                                 (288,374)
          Tokyo   Broadcasting       System    Holdings     Inc
      (29,000)                              HSBC                   (19,033)
          Tokyo   Century    Corp                  Bank   of  America    Merrill    Lynch
      (21,300)                                                (167,327)
          Tokyo   Century    Corp                  Barclays     Bank
      (14,500)                                                 (76,163)
          Tokyo   Century    Corp
      (10,800)                              Citibank                   (56,728)
          Tokyo   Century    Corp                  Credit    Suisse
      (26,400)                                                (269,976)
          Tokyo   Century    Corp                  Deutsche     Bank
       (300)                                                (2,357)
          Tokyo   Century    Corp                  Goldam    Sachs
      (54,700)                                                (429,708)
          Tokyo   Century    Corp
      (15,400)                              HSBC                  (157,486)
          Tokyo   Century    Corp                  JP  Morgan
      (3,100)                                                (31,702)
          Tokyo   Electric     Power   Co  Holdings     Inc         Bank   of  America    Merrill    Lynch
     (275,200)                                                 (35,818)
          Tokyo   Electric     Power   Co  Holdings     Inc         Barclays     Bank
     (759,100)                                                 (112,914)
          Tokyo   Electron     Ltd                  Bank   of  America    Merrill    Lynch
       4,700                                                (44,787)
          Tokyo   Electron     Ltd                  Barclays     Bank
       4,100                                                (23,823)
          Tokyo   Electron     Ltd                  Goldam    Sachs
      11,100                                                (105,773)
          Tokyo   Gas  Co  Ltd                   Bank   of  America    Merrill    Lynch
      16,900                                                 15,554
          Tokyo   Gas  Co  Ltd                   Barclays     Bank
      101,000                                                 149,296
          Tokyo   Gas  Co  Ltd                   Goldam    Sachs
       6,600                                                 6,074
          Tokyo   Gas  Co  Ltd
       5,500                             HSBC                    4,039
          Tokyo   Gas  Co  Ltd                   JP  Morgan
      30,300                                                 20,267
          Tokyo   Tatemono     Co  Ltd                Bank   of  America    Merrill    Lynch
      (15,800)                                                 (30,553)
          Tokyo   Tatemono     Co  Ltd                Barclays     Bank
      (29,300)                                                 (36,773)
          Tokyo   Tatemono     Co  Ltd                Credit    Suisse
      (17,700)                                                 (30,278)
          Tokyo   Tatemono     Co  Ltd                Goldam    Sachs
      (21,100)                                                 (40,801)
          Tokyo   Tatemono     Co  Ltd
      (31,100)                              HSBC                   (53,199)
          Tokyu   Fudosan    Holdings     Corp              Credit    Suisse
      (36,800)                                                 (5,816)
          Tokyu   Fudosan    Holdings     Corp
     (691,600)                               HSBC                  (109,303)
          Topcon    Corp                      Bank   of  America    Merrill    Lynch
      83,400                                                103,121
          Topcon    Corp                      Barclays     Bank
      28,400                                                 26,139
          Topcon    Corp
      17,000                              Citibank                   15,646
          Topcon    Corp                      Credit    Suisse
      36,600                                                 35,047
                                117/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          日本（続き）
          Topcon    Corp                      Goldam    Sachs
      66,200                                                 81,854
          Topcon    Corp
      19,700                              HSBC                   18,864
          Topcon    Corp                      JP  Morgan
      47,700                                                 31,592
          Toppan    Printing     Co  Ltd                Bank   of  America    Merrill    Lynch
      266,300                                                 960,576
          Toppan    Printing     Co  Ltd                Credit    Suisse
       2,300                                                 6,094
          Toppan    Printing     Co  Ltd                Goldam    Sachs
      25,400                                                 91,621
          Toray   Industries      Inc                 Bank   of  America    Merrill    Lynch
      64,000                                                 28,202
          Toray   Industries      Inc                 Barclays     Bank
      63,800                                                 20,997
          Toray   Industries      Inc                 Credit    Suisse
      180,000                                                 74,299
          Toray   Industries      Inc                 Goldam    Sachs
      143,800                                                 63,367
          Toray   Industries      Inc
      39,900                              HSBC                   16,470
          Toray   Industries      Inc                 JP  Morgan
      53,400                                                 22,042
          Toshiba    Corp                     Barclays     Bank
      (12,700)                                                 (18,773)
          Toshiba    Corp                     Credit    Suisse
      (4,400)                                                (10,478)
          Toshiba    TEC  Corp                   Bank   of  America    Merrill    Lynch
       3,900                                                13,778
          Toshiba    TEC  Corp                   Barclays     Bank
      19,500                                                 (9,064)
          Toshiba    TEC  Corp
       4,100                             Citibank                   (1,906)
          Toshiba    TEC  Corp                   Credit    Suisse
      11,900                                                 24,892
          Toshiba    TEC  Corp
       3,500                             HSBC                    6,964
          Toshiba    TEC  Corp                   JP  Morgan
       5,800                                                 7,523
          Tosoh   Corp                      Barclays     Bank
      32,200                                                 20,955
          Tosoh   Corp
      24,600                              Citibank                   16,009
          Tosoh   Corp                      Goldam    Sachs
      14,000                                                 13,536
          Tosoh   Corp                      JP  Morgan
      22,800                                                 38,366
          TOTO   Ltd                       Barclays     Bank
      54,700                                                218,668
          TOTO   Ltd
      10,900                              Citibank                   43,574
          TOTO   Ltd                       Credit    Suisse
      32,400                                                 91,870
          TOTO   Ltd                       Goldam    Sachs
      14,800                                                 68,108
          TOTO   Ltd
      19,200                              HSBC                   54,441
          TOTO   Ltd                       JP  Morgan
       8,600                                                24,385
          Toyo   Seikan    Group   Holdings     Ltd            Bank   of  America    Merrill    Lynch
      72,400                                                 86,827
          Toyo   Seikan    Group   Holdings     Ltd            Barclays     Bank
      48,200                                                 31,367
          Toyo   Seikan    Group   Holdings     Ltd
      27,600                              Citibank                   17,961
          Toyo   Seikan    Group   Holdings     Ltd            Credit    Suisse
      35,100                                                 25,094
          Toyo   Seikan    Group   Holdings     Ltd            Goldam    Sachs
      28,300                                                 33,939
          Toyo   Seikan    Group   Holdings     Ltd            JP  Morgan
       2,500                                                 1,883
          Toyo   Suisan    Kaisha    Ltd                Bank   of  America    Merrill    Lynch
      39,500                                                135,871
          Toyo   Suisan    Kaisha    Ltd                Barclays     Bank
      28,800                                                 16,065
          Toyo   Suisan    Kaisha    Ltd
      36,800                              HSBC                   130,005
          Toyo   Tire   Corp                    Bank   of  America    Merrill    Lynch
     (226,900)                                                 (251,021)
          Toyo   Tire   Corp                    Barclays     Bank
      (60,900)                                                 (37,367)
          Toyo   Tire   Corp
      (4,300)                              Citibank                   (2,638)
          Toyo   Tire   Corp                    Goldam    Sachs
     (210,800)                                                 (233,210)
          Toyo   Tire   Corp
      (16,100)                              HSBC                   (39,066)
          Toyo   Tire   Corp                    JP  Morgan
       (100)                                                 (243)
                                118/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          日本（続き）
          Toyobo    Co  Ltd                    Bank   of  America    Merrill    Lynch
       8,100                                                 2,108
          Toyobo    Co  Ltd
      19,100                              Citibank                    9,056
          Toyobo    Co  Ltd                    Credit    Suisse
      12,400                                                 28,243
          Toyobo    Co  Ltd
       7,400                             HSBC                    5,454
          Toyoda    Gosei   Co  Ltd                 Bank   of  America    Merrill    Lynch
      100,200                                                 299,021
          Toyoda    Gosei   Co  Ltd                 Barclays     Bank
       2,900                                                 2,804
          Toyoda    Gosei   Co  Ltd
       7,300                             Citibank                    7,058
          Toyoda    Gosei   Co  Ltd                 Credit    Suisse
       9,000                                                24,348
          Toyoda    Gosei   Co  Ltd                 Goldam    Sachs
      100,000                                                 298,424
          Toyoda    Gosei   Co  Ltd
      11,200                              HSBC                   30,300
          Toyoda    Gosei   Co  Ltd                 JP  Morgan
       5,700                                                15,420
          Toyota    Boshoku    Corp                  Bank   of  America    Merrill    Lynch
      50,800                                                108,623
          Toyota    Boshoku    Corp
      135,800                              Citibank                   164,124
          Toyota    Boshoku    Corp                  Credit    Suisse
      33,400                                                 61,481
          Toyota    Boshoku    Corp                  JP  Morgan
       3,300                                                 6,074
          Toyota    Industries      Corp                Bank   of  America    Merrill    Lynch
      (17,000)                                                 (56,896)
          Toyota    Industries      Corp                Credit    Suisse
      (24,700)                                                 (36,741)
          Toyota    Industries      Corp
      (3,900)                              HSBC                   (5,801)
          Toyota    Motor   Corp                   Barclays     Bank
      (3,300)                                                (14,296)
          Toyota    Motor   Corp                   JP  Morgan
      (1,900)                                                 (8,745)
          Toyota    Tsusho    Corp                  Credit    Suisse
      (6,200)                                                (11,413)
          Trend   Micro   Inc                   Bank   of  America    Merrill    Lynch
      26,300                                                 85,576
          Trend   Micro   Inc                   Barclays     Bank
       7,000                                                14,317
          Trend   Micro   Inc
       1,800                             Citibank                    3,681
          TS  Tech   Co  Ltd                    Bank   of  America    Merrill    Lynch
      54,700                                                 97,638
          TS  Tech   Co  Ltd                    Credit    Suisse
      41,700                                                 62,415
          TS  Tech   Co  Ltd                    Goldam    Sachs
      12,700                                                 22,669
          TS  Tech   Co  Ltd
      12,100                              HSBC                   18,111
          TS  Tech   Co  Ltd                    JP  Morgan
      30,400                                                 45,502
          Tsumura    & Co                    Barclays     Bank
      (4,300)                                                 (8,315)
          Tsumura    & Co
      (4,300)                              Citibank                   (8,315)
          Tsumura    & Co                    Goldam    Sachs
      (5,600)                                                (11,193)
          Tsuruha    Holdings     Inc                 Bank   of  America    Merrill    Lynch
       2,600                                                39,641
          Tsuruha    Holdings     Inc                 Barclays     Bank
       2,400                                                17,850
          Tsuruha    Holdings     Inc
        900                            Citibank                    6,694
          Tsuruha    Holdings     Inc                 Goldam    Sachs
        900                                               13,722
          TV  Asahi   Holdings     Corp                Barclays     Bank
      (8,400)                                                 (8,981)
          TV  Asahi   Holdings     Corp
      (8,300)                              HSBC                   (6,327)
          Ube  Industries      Ltd                  Bank   of  America    Merrill    Lynch
      50,300                                                101,007
          Ube  Industries      Ltd                  Barclays     Bank
      20,200                                                 31,174
          Ube  Industries      Ltd
      12,600                              Citibank                   19,445
          Ube  Industries      Ltd                  Credit    Suisse
      63,900                                                 86,139
          Ube  Industries      Ltd                  Deutsche     Bank
       7,400                                                14,860
          Ube  Industries      Ltd                  Goldam    Sachs
      85,300                                                171,290
          Ube  Industries      Ltd
      40,700                              HSBC                   54,864
                                119/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          日本（続き）
          Ube  Industries      Ltd                  JP  Morgan
      45,300                                                 61,065
          Ulvac   Inc                      Bank   of  America    Merrill    Lynch
      22,300                                                 74,634
          Ulvac   Inc
       7,200                             Citibank                    6,694
          Ulvac   Inc                      Credit    Suisse
       5,200                                                14,890
          Ulvac   Inc                      Goldam    Sachs
      49,500                                                165,667
          Ulvac   Inc                      JP  Morgan
       7,200                                                20,616
          Unicharm     Corp                     Barclays     Bank
      (37,800)                                                  4,920
          Unicharm     Corp                     Credit    Suisse
      (9,400)                                                   87
          Unicharm     Corp                     Goldam    Sachs
      (9,000)                                                 3,347
          Unicharm     Corp
      (10,000)                              HSBC                     93
          Ushio   Inc                      Goldam    Sachs
      (79,200)                                                (164,931)
          USS  Co  Ltd                      Barclays     Bank
      (44,000)                                                 (55,631)
          USS  Co  Ltd
      (76,000)                              Citibank                   (96,091)
          USS  Co  Ltd                      Credit    Suisse
      (30,300)                                                 (38,873)
          USS  Co  Ltd                      Goldam    Sachs
      (61,600)                                                 (97,928)
          Wacoal    Holdings     Corp                 Bank   of  America    Merrill    Lynch
      69,800                                                 49,966
          Wacoal    Holdings     Corp                 Barclays     Bank
      36,800                                                 11,974
          Wacoal    Holdings     Corp                 Credit    Suisse
      17,400                                                 14,397
          Wacoal    Holdings     Corp                 Goldam    Sachs
      92,700                                                 66,359
          Welcia    Holdings     Co  Ltd                Barclays     Bank
       7,800                                                43,509
          Welcia    Holdings     Co  Ltd                Goldam    Sachs
       8,800                                                105,536
          Welcia    Holdings     Co  Ltd
      18,000                              HSBC                   201,755
          West   Japan   Railway    Co                Bank   of  America    Merrill    Lynch
      38,300                                                207,229
          West   Japan   Railway    Co                Credit    Suisse
       7,700                                                48,463
          West   Japan   Railway    Co                Goldam    Sachs
       7,200                                                38,957
          Yamada    Denki   Co  Ltd                 Bank   of  America    Merrill    Lynch
      (30,500)                                                 (16,162)
          Yamada    Denki   Co  Ltd                 Barclays     Bank
      (67,200)                                                 (17,493)
          Yamada    Denki   Co  Ltd
     (133,600)                               Citibank                   (34,777)
          Yamada    Denki   Co  Ltd                 Credit    Suisse
      (23,500)                                                 (2,960)
          Yamaguchi     Financial     Group   Inc            Barclays     Bank
      (25,400)                                                 (14,404)
          Yamaguchi     Financial     Group   Inc
      (23,200)                              Citibank                   (13,157)
          Yamaguchi     Financial     Group   Inc            Credit    Suisse
      (25,700)                                                 (18,877)
          Yamaguchi     Financial     Group   Inc            Goldam    Sachs
      (54,900)                                                 (40,831)
          Yamaguchi     Financial     Group   Inc
      (39,800)                              HSBC                   (27,381)
          Yamaha    Corp                      Bank   of  America    Merrill    Lynch
      29,100                                                155,557
          Yamaha    Corp
       8,300                             Citibank                   35,495
          Yamaha    Corp                      Goldam    Sachs
      15,300                                                 81,788
          Yamaha    Corp
       2,700                             HSBC                   18,622
          Yamaha    Corp                      JP  Morgan
      30,000                                                238,460
          Yamaha    Motor   Co  Ltd                 Bank   of  America    Merrill    Lynch
      21,500                                                 37,377
          Yamaha    Motor   Co  Ltd                 Barclays     Bank
      26,500                                                 38,186
          Yamaha    Motor   Co  Ltd                 Credit    Suisse
      23,500                                                 41,510
          Yamaha    Motor   Co  Ltd                 Goldam    Sachs
      14,600                                                 25,382
          Yamaha    Motor   Co  Ltd
      16,300                              HSBC                   28,792
          Yamaha    Motor   Co  Ltd                 JP  Morgan
       9,200                                                15,905
                                120/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          日本（続き）
          Yamato    Holdings     Co  Ltd                Bank   of  America    Merrill    Lynch
      (34,300)                                                (157,525)
          Yamato    Holdings     Co  Ltd                Barclays     Bank
      (27,200)                                                 (70,045)
          Yamato    Holdings     Co  Ltd                Goldam    Sachs
     (171,800)                                                 (789,004)
          Yamazaki     Baking    Co  Ltd                Bank   of  America    Merrill    Lynch
      25,200                                                 8,903
          Yamazaki     Baking    Co  Ltd                Barclays     Bank
      126,900                                                 104,998
          Yamazaki     Baking    Co  Ltd                Credit    Suisse
      19,600                                                 6,195
          Yaoko   Co  Ltd                     Bank   of  America    Merrill    Lynch
      10,900                                                 34,454
          Yaoko   Co  Ltd                     Barclays     Bank
       4,700                                                 7,865
          Yaoko   Co  Ltd
       2,900                             Citibank                    4,853
          Yaoko   Co  Ltd                     Goldam    Sachs
       7,300                                                23,074
          Yaoko   Co  Ltd
       3,300                             HSBC                   10,124
          Yaoko   Co  Ltd                     JP  Morgan
      10,500                                                 32,213
          Yaskawa    Electric     Corp                 Bank   of  America    Merrill    Lynch
      (50,500)                                                (169,014)
          Yaskawa    Electric     Corp                 Barclays     Bank
      (76,500)                                                (145,796)
          Yaskawa    Electric     Corp                 Goldam    Sachs
      (58,600)                                                (196,123)
          Yokogawa     Electric     Corp                Bank   of  America    Merrill    Lynch
      60,500                                                 78,181
          Yokogawa     Electric     Corp                Barclays     Bank
       9,300                                                12,364
          Yokogawa     Electric     Corp
      12,000                              Citibank                   15,953
          Yokogawa     Electric     Corp
      13,600                              HSBC                    6,954
          Yokogawa     Electric     Corp                JP  Morgan
      33,700                                                 17,231
          Yokohama     Rubber    Co  Ltd                Bank   of  America    Merrill    Lynch
      111,800                                                 245,292
          Yokohama     Rubber    Co  Ltd                Barclays     Bank
      64,500                                                112,132
          Yokohama     Rubber    Co  Ltd
       2,700                             Citibank                    4,694
          Yokohama     Rubber    Co  Ltd                Credit    Suisse
      34,500                                                 93,014
          Yokohama     Rubber    Co  Ltd                Goldam    Sachs
      19,200                                                 42,125
          Yokohama     Rubber    Co  Ltd
      40,500                              HSBC                   109,190
          Z Holdings     Corp
     (215,800)                               Citibank                   (2,006)
          Z Holdings     Corp                    Credit    Suisse
      (85,100)                                                 (3,956)
          Z Holdings     Corp
     (299,800)                               HSBC                   (13,936)
          Z Holdings     Corp                    JP  Morgan
     (412,682)                                                 (19,183)
          Zenkoku    Hosho   Co  Ltd                 Bank   of  America    Merrill    Lynch
       6,000                                                38,767
          Zenkoku    Hosho   Co  Ltd                 Goldam    Sachs
      10,700                                                 69,135
          Zenkoku    Hosho   Co  Ltd
       3,900                             HSBC                   25,341
          Zensho    Holdings     Co  Ltd                Barclays     Bank
      26,000                                                 22,479
          Zensho    Holdings     Co  Ltd                Goldam    Sachs
       7,500                                                 6,206
          Zeon   Corp                       Bank   of  America    Merrill    Lynch
      117,200                                                 116,584
          Zeon   Corp
      68,300                              Citibank                   43,813
          Zeon   Corp                       Goldam    Sachs
                                                       288,477
      290,000
                                                       753,386
          オランダ
          Aalberts     NV                     Bank   of  America    Merrill    Lynch
      (23,820)                                                 (89,260)
          Aalberts     NV                     Barclays     Bank
      (12,970)                                                 (32,161)
          Aalberts     NV                     Goldam    Sachs
      (44,661)                                                (167,357)
          Aegon   NV                      Bank   of  America    Merrill    Lynch
     (481,341)                                                 (193,752)
          Aegon   NV                      Barclays     Bank
     (727,890)                                                 (174,826)
                                121/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          オランダ（続き）
          Aegon   NV                      Credit    Suisse
     (109,670)                                                 (29,511)
          Akzo   Nobel   NV                    Barclays     Bank
      42,916                                                 54,401
          Akzo   Nobel   NV                    Credit    Suisse
       3,900                                                13,357
          Altice    Europe    NV                  Bank   of  America    Merrill    Lynch
     (167,100)                                                 (33,074)
          Altice    Europe    NV                  Barclays     Bank
     (130,420)                                                 (13,922)
          Altice    Europe    NV                  Deutsche     Bank
     (518,340)                                                 (102,594)
          Altice    Europe    NV                  Goldam    Sachs
      (28,920)                                                 (5,724)
          ArcelorMittal       SA                  Barclays     Bank
      17,570                                                 8,870
          ArcelorMittal       SA                  Credit    Suisse
      20,540                                                 30,817
          ArcelorMittal       SA                  Deutsche     Bank
      65,600                                                 55,146
          ArcelorMittal       SA
      58,400                              HSBC                   (32,413)
          ASM  International       NV                Bank   of  America    Merrill    Lynch
       2,500                                                17,763
          ASM  International       NV                Deutsche     Bank
      30,800                                                218,845
          ASML   Holding    NV                   Deutsche     Bank
       1,260                                                35,797
          ASR  Nederland     NV                  Bank   of  America    Merrill    Lynch
      34,220                                                101,596
          ASR  Nederland     NV                  Barclays     Bank
      12,110                                                 15,620
          ASR  Nederland     NV                  Goldam    Sachs
       8,790                                                26,097
          ASR  Nederland     NV
      89,336                              HSBC                   113,244
          Boskalis     Westminster                     Bank   of  America    Merrill    Lynch
      (6,190)                                                (13,766)
          Boskalis     Westminster                     Barclays     Bank
      (52,525)                                                 (9,929)
          Boskalis     Westminster                     Credit    Suisse
      (37,522)                                                 (37,968)
          Boskalis     Westminster                     Goldam    Sachs
      (79,182)                                                (176,093)
          Boskalis     Westminster
      (26,065)                              HSBC                   (37,461)
          Boskalis     Westminster                     JP  Morgan
     (106,150)                                                 (107,411)
          Galapagos     NV                    Deutsche     Bank
      (1,930)                                                 33,479
          ING  Groep   NV                    Bank   of  America    Merrill    Lynch
      80,810                                                 87,341
          ING  Groep   NV                    Deutsche     Bank
      103,870                                                 112,264
          ING  Groep   NV                    Goldam    Sachs
      85,460                                                 92,366
          ING  Groep   NV
      46,890                              HSBC                   41,570
          Just   Eat  Takeaway.com       NV              Credit    Suisse
      (1,800)                                                  (400)
          Just   Eat  Takeaway.com       NV              Deutsche     Bank
      (27,225)                                                 (38,749)
          Just   Eat  Takeaway.com       NV              Goldam    Sachs
      (15,260)                                                 (21,720)
          Just   Eat  Takeaway.com       NV
      (52,470)                              HSBC                   (11,669)
          Koninklijke      Ahold   Delhaize     NV            Barclays     Bank
      46,620                                                 10,368
          Koninklijke      Ahold   Delhaize     NV            Deutsche     Bank
      185,970                                                 82,716
          Koninklijke      Ahold   Delhaize     NV            Goldam    Sachs
       8,290                                                 3,687
          Koninklijke      DSM  NV                 Bank   of  America    Merrill    Lynch
      12,732                                                 69,371
          Koninklijke      DSM  NV                 Barclays     Bank
       3,796                                                 2,744
          Koninklijke      DSM  NV
       2,000                             Citibank                    1,446
          Koninklijke      DSM  NV                 Credit    Suisse
        300                                                 300
          Koninklijke      DSM  NV
       1,410                             HSBC                    1,411
          Koninklijke      KPN  NV                 Deutsche     Bank
      992,730                                                 115,906
          Koninklijke      Philips    NV               Credit    Suisse
      16,341                                                 27,165
          Koninklijke      Philips    NV               Deutsche     Bank
      89,120                                                314,633
          Koninklijke      Philips    NV               Goldam    Sachs
       6,490                                                22,913
                                122/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          オランダ（続き）
          Koninklijke      Philips    NV
      35,199                              HSBC                   58,514
          Koninklijke      Vopak   NV                Bank   of  America    Merrill    Lynch
      (19,380)                                                 (14,007)
          Koninklijke      Vopak   NV                Barclays     Bank
      (19,417)                                                 (31,523)
          Koninklijke      Vopak   NV                Goldam    Sachs
      (12,210)                                                 (8,825)
          NN  Group   NV
      (24,040)                              HSBC                   (58,007)
          OCI  NV                       Bank   of  America    Merrill    Lynch
     (158,084)                                                 (247,852)
          OCI  NV                       Barclays     Bank
      (30,440)                                                 (19,124)
          OCI  NV                       Credit    Suisse
      (18,020)                                                 (28,115)
          OCI  NV                       Goldam    Sachs
     (143,720)                                                 (225,331)
          Prosus    NV                      Bank   of  America    Merrill    Lynch
      (37,950)                                                 194,957
          Prosus    NV                      Barclays     Bank
      (15,955)                                                 75,222
          Prosus    NV                      Deutsche     Bank
      (41,800)                                                 214,735
          Prosus    NV
       (170)                             HSBC                     (53)
          Randstad     NV                     Barclays     Bank
      41,290                                                 72,542
          Randstad     NV                     Deutsche     Bank
      17,360                                                 75,863
          Randstad     NV
       2,835                             HSBC                    6,084
          Randstad     NV                     JP  Morgan
       8,070                                                18,267
          Signify    NV                     Bank   of  America    Merrill    Lynch
      184,327                                                 472,438
          Signify    NV                     Barclays     Bank
      50,730                                                111,408
          Signify    NV
      14,314                              Citibank                   31,435
          Signify    NV                     Deutsche     Bank
       4,420                                                11,329
          Signify    NV                     Goldam    Sachs
      77,550                                                198,764
          Signify    NV                     JP  Morgan
      36,740                                                 70,880
          Unilever     NV                     Deutsche     Bank
      120,840                                                 278,142
          Wolters    Kluwer    NV                  Bank   of  America    Merrill    Lynch
      20,163                                                122,415
          Wolters    Kluwer    NV                  Barclays     Bank
       3,307                                                10,737
          Wolters    Kluwer    NV
        132                            Citibank                     429
          Wolters    Kluwer    NV                  Deutsche     Bank
      73,790                                                447,997
          Wolters    Kluwer    NV                  Goldam    Sachs
        140                                                 850
          Wolters    Kluwer    NV
      50,883                              HSBC                   170,870
          Wolters    Kluwer    NV                  JP  Morgan                  1,827
        544
                                                      2,394,341
          ニュージーランド
          Air  New  Zealand    Ltd                 JP  Morgan
     (389,086)                                                 (33,792)
          Auckland     International       Airport    Ltd          Bank   of  America    Merrill    Lynch
     (151,836)                                                 (75,353)
          Auckland     International       Airport    Ltd          Goldam    Sachs
      (31,560)                                                 (15,663)
          Auckland     International       Airport    Ltd
     (489,257)                               HSBC                  (248,879)
          Auckland     International       Airport    Ltd          JP  Morgan
     (146,640)                                                 (74,431)
          Contact    Energy    Ltd                  Bank   of  America    Merrill    Lynch
      233,596                                                 14,491
          Contact    Energy    Ltd                  Barclays     Bank
      23,835                                                  296
          Contact    Energy    Ltd                  Goldam    Sachs
      455,474                                                 28,255
          Fisher    & Paykel    Healthcare      Corp   Ltd         Barclays     Bank
      16,320                                                 7,897
          Fisher    & Paykel    Healthcare      Corp   Ltd         Goldam    Sachs
      194,280                                                 (62,671)
          Fletcher     Building     Ltd
     (500,558)                               HSBC                   (34,157)
          Fletcher     Building     Ltd                JP  Morgan
     (825,066)                                                 (56,301)
                                123/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          ニュージーランド（続き）
          Mercury    NZ  Ltd                    Bank   of  America    Merrill    Lynch
      (52,352)                                                  2,273
          Mercury    NZ  Ltd                    Barclays     Bank
     (219,911)                                                  12,278
          Mercury    NZ  Ltd
     (128,580)                               HSBC                   11,965
          Mercury    NZ  Ltd                    JP  Morgan
      (99,990)                                                  9,304
          Meridian     Energy    Ltd
     (564,683)                               HSBC                   (17,515)
          Meridian     Energy    Ltd                 JP  Morgan
     (305,393)                                                  (9,472)
          Ryman   Healthcare      Ltd                 Barclays     Bank
      (18,487)                                                  3,211
          Ryman   Healthcare      Ltd
     (230,076)                               HSBC                    5,709
          Ryman   Healthcare      Ltd                 JP  Morgan
     (162,520)                                                  4,033
          SKYCITY    Entertainment       Group   Ltd
     (834,116)                               HSBC                   26,410
          SKYCITY    Entertainment       Group   Ltd           JP  Morgan
                                                       19,449
     (627,037)
                                                      (482,663)
          ノルウェー
          Adevinta     ASA                     Barclays     Bank
      (17,070)                                                 (4,391)
          Adevinta     ASA                     Goldam    Sachs
      (89,763)                                                 (76,667)
          Adevinta     ASA                     JP  Morgan
      (29,411)                                                 (15,889)
          Aker   ASA  ’A’                     Bank   of  America    Merrill    Lynch
       9,750                                                24,280
          Aker   ASA  ’A’                     Deutsche     Bank
      24,814                                                 61,794
          Aker   ASA  ’A’                     Goldam    Sachs
      13,524                                                 33,679
          Aker   ASA  ’A’                     JP  Morgan
       6,560                                                  270
          Aker   BP  ASA                     Deutsche     Bank
      (92,236)                                                  6,169
          Aker   BP  ASA                     Goldam    Sachs
     (111,650)                                                  7,468
          DNB  ASA                       Deutsche     Bank
      (9,660)                                                (17,595)
          DNB  ASA                       Goldam    Sachs
      (20,970)                                                 (38,195)
          Equinor    ASA                     Bank   of  America    Merrill    Lynch
      (28,390)                                                 (4,820)
          Equinor    ASA                     Barclays     Bank
      (10,760)                                                  5,758
          Equinor    ASA                     Deutsche     Bank
     (330,170)                                                 (56,060)
          Equinor    ASA                     Goldam    Sachs
      (59,700)                                                 (10,137)
          Gjensidige      Forsikring      ASA              Barclays     Bank
      (30,520)                                                 (2,827)
          Gjensidige      Forsikring      ASA              Deutsche     Bank
      (29,550)                                                 (6,690)
          Gjensidige      Forsikring      ASA              Goldam    Sachs
      (14,000)                                                 (3,169)
          Gjensidige      Forsikring      ASA
      (11,990)                              HSBC                     953
          Gjensidige      Forsikring      ASA              JP  Morgan
      (98,950)                                                 19,346
          Leroy   Seafood    Group   ASA               Bank   of  America    Merrill    Lynch
     (311,888)                                                 (23,750)
          Leroy   Seafood    Group   ASA               Barclays     Bank
     (139,674)                                                  19,260
          Leroy   Seafood    Group   ASA               Credit    Suisse
      (78,230)                                                 19,803
          Leroy   Seafood    Group   ASA               Goldam    Sachs
     (388,095)                                                 (29,553)
          Leroy   Seafood    Group   ASA
      (40,360)                              HSBC                   10,217
          Mowi   ASA                       Bank   of  America    Merrill    Lynch
     (196,351)                                                 (35,359)
          Mowi   ASA                       Barclays     Bank
      (77,320)                                                 (3,978)
          Mowi   ASA                       Credit    Suisse
     (126,756)                                                 (54,783)
          Mowi   ASA                       Goldam    Sachs
      (15,930)                                                 (2,869)
          Norsk   Hydro   ASA                   Bank   of  America    Merrill    Lynch
     (236,900)                                                 (43,393)
          Norsk   Hydro   ASA                   Barclays     Bank
     (325,830)                                                 (39,564)
          Norsk   Hydro   ASA                   Deutsche     Bank
      (55,420)                                                 (10,151)
                                124/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          ノルウェー（続き）
          Orkla   ASA                      Deutsche     Bank
      31,360                                                 6,390
          Orkla   ASA
      513,564                              HSBC                   122,607
          Salmar    ASA                      Bank   of  America    Merrill    Lynch
      (47,670)                                                 (97,127)
          Salmar    ASA                      Barclays     Bank
      (40,380)                                                 (2,909)
          Salmar    ASA                      Deutsche     Bank
      (14,823)                                                 (30,202)
          Salmar    ASA                      Goldam    Sachs
      (2,110)                                                 (4,299)
          Schibsted     ASA  ’A’                  Bank   of  America    Merrill    Lynch
      37,320                                                 89,865
          Schibsted     ASA  ’A’                  Barclays     Bank
        48                                                 50
          Schibsted     ASA  ’A’
      22,495                              Citibank                   23,380
          Schibsted     ASA  ’A’                  Credit    Suisse
      18,137                                                 40,023
          Schibsted     ASA  ’A’                  Deutsche     Bank
      63,180                                                152,134
          Schibsted     ASA  ’A’                  Goldam    Sachs
      15,748                                                 37,920
          Schibsted     ASA  ’A’
       6,630                             HSBC                   14,054
          Schibsted     ASA  ’A’                  JP  Morgan
       5,930                                                12,571
          Schibsted     ASA  ’B’                  Bank   of  America    Merrill    Lynch
      37,976                                                110,202
          Schibsted     ASA  ’B’                  Barclays     Bank
      68,210                                                 77,210
          Schibsted     ASA  ’B’                  Deutsche     Bank
       7,889                                                22,893
          Schibsted     ASA  ’B’                  Goldam    Sachs
      61,707                                                179,067
          Schibsted     ASA  ’B’
      13,420                              HSBC                   29,000
          Subsea    7 SA                     Bank   of  America    Merrill    Lynch
      (76,750)                                                 (31,434)
          Subsea    7 SA                     Barclays     Bank
     (215,530)                                                 (55,891)
          Subsea    7 SA                     Deutsche     Bank
      (99,769)                                                 (40,861)
          Subsea    7 SA                     Goldam    Sachs
      (84,320)                                                 (34,534)
          Subsea    7 SA
      (25,481)                              HSBC                   (11,438)
          Telenor    ASA                     Bank   of  America    Merrill    Lynch
      128,490                                                  7,933
          Telenor    ASA                     Barclays     Bank
      140,830                                                 78,981
          Telenor    ASA
      96,236                              Citibank                   53,972
          Telenor    ASA                     Deutsche     Bank
      21,380                                                 1,320
          Telenor    ASA                     Goldam    Sachs
      20,170                                                 1,245
          Telenor    ASA
       6,809                             HSBC                   (2,277)
          TOMRA   Systems    ASA                  Bank   of  America    Merrill    Lynch
         7                                                 6
          Yara   International       ASA                Barclays     Bank
      24,210                                                 13,453
          Yara   International       ASA                Deutsche     Bank               63,822
      35,040
                                                       556,283
          ポルトガル
          EDP  - Energias     de  Portugal     SA            Bank   of  America    Merrill    Lynch
      (92,210)                                                 (33,528)
          EDP  - Energias     de  Portugal     SA            Barclays     Bank
     (745,230)                                                   (829)
          EDP  - Energias     de  Portugal     SA            Deutsche     Bank
     (115,360)                                                 (41,946)
          EDP  Renovaveis      SA                  Bank   of  America    Merrill    Lynch
      (1,255)                                                 (1,144)
          EDP  Renovaveis      SA                  Deutsche     Bank
      (41,264)                                                 (37,625)
          Galp   Energia    SGPS   SA                Barclays     Bank
      170,470                                                 28,433
          Galp   Energia    SGPS   SA                Deutsche     Bank
      26,000                                                 19,197
          Jeronimo     Martins    SGPS   SA              Bank   of  America    Merrill    Lynch
       8,890                                                15,767
          Jeronimo     Martins    SGPS   SA              Barclays     Bank
       3,280                                                  55
          Jeronimo     Martins    SGPS   SA
      42,850                              Citibank                     715
                                125/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          ポルトガル（続き）
          Jeronimo     Martins    SGPS   SA              Deutsche     Bank
       4,273                                                 7,578
          Jeronimo     Martins    SGPS   SA              Goldam    Sachs
      47,250                                                 83,801
          Jeronimo     Martins    SGPS   SA
                                                       (3,139)
      19,470                              HSBC
                                                       37,335
          シンガポール
          CapitaLand      Ltd                    Bank   of  America    Merrill    Lynch
      255,300                                                 10,835
          CapitaLand      Ltd                    Barclays     Bank
      234,400                                                  3,316
          CapitaLand      Ltd                    Credit    Suisse
      369,300                                                 (6,184)
          CapitaLand      Ltd                    Goldam    Sachs
      192,400                                                  8,166
          CapitaLand      Ltd
      60,600                              HSBC                   (1,715)
          City   Developments       Ltd                Barclays     Bank
      36,900                                                 8,092
          City   Developments       Ltd
      26,700                              Citibank                    5,855
          City   Developments       Ltd                Credit    Suisse
      24,400                                                  (808)
          ComfortDelGro       Corp   Ltd                Bank   of  America    Merrill    Lynch
     (117,900)                                                  1,668
          ComfortDelGro       Corp   Ltd                Barclays     Bank
     (173,200)                                                  12,252
          Dairy   Farm   International       Holdings     Ltd        Bank   of  America    Merrill    Lynch
      26,300                                                (14,991)
          Dairy   Farm   International       Holdings     Ltd        Barclays     Bank
      39,600                                                (12,672)
          Dairy   Farm   International       Holdings     Ltd
      22,200                              Citibank                   (7,104)
          Dairy   Farm   International       Holdings     Ltd        Credit    Suisse
      16,100                                                 (9,338)
          Dairy   Farm   International       Holdings     Ltd        Goldam    Sachs
      55,900                                                (31,863)
          Hongkong     Land   Holdings     Ltd              Barclays     Bank
      323,100                                                 77,544
          Hongkong     Land   Holdings     Ltd              Credit    Suisse
      72,900                                                (25,515)
          Hongkong     Land   Holdings     Ltd              Goldam    Sachs
      38,200                                                 (3,438)
          Jardine    Cycle   & Carriage     Ltd             Bank   of  America    Merrill    Lynch
      (18,800)                                                 (28,725)
          Jardine    Cycle   & Carriage     Ltd             Goldam    Sachs
     (205,700)                                                 (314,290)
          Jardine    Cycle   & Carriage     Ltd
      (30,900)                              HSBC                   (33,223)
          Jardine    Cycle   & Carriage     Ltd             JP  Morgan
      (37,000)                                                 (39,782)
          Jardine    Matheson     Holdings     Ltd            Bank   of  America    Merrill    Lynch
       2,900                                                (11,629)
          Jardine    Matheson     Holdings     Ltd            Barclays     Bank
       1,400                                                (1,036)
          Jardine    Matheson     Holdings     Ltd            Goldam    Sachs
       5,200                                                (20,852)
          Jardine    Strategic     Holdings     Ltd            Bank   of  America    Merrill    Lynch
      32,500                                                (27,950)
          Jardine    Strategic     Holdings     Ltd            Barclays     Bank
      24,800                                                   －
          Jardine    Strategic     Holdings     Ltd
      27,900                              Citibank                     －
          Jardine    Strategic     Holdings     Ltd            Credit    Suisse
      20,000                                                (34,927)
          Jardine    Strategic     Holdings     Ltd            Goldam    Sachs
      60,600                                                (52,116)
          Jardine    Strategic     Holdings     Ltd            JP  Morgan
      16,800                                                (30,240)
          Keppel    Corp   Ltd
     (423,700)                               Citibank                   (2,997)
          Keppel    Corp   Ltd                   Goldam    Sachs
     (914,600)                                                  51,756
          SATS   Ltd                       Bank   of  America    Merrill    Lynch
      146,300                                                  4,140
          SATS   Ltd                       Barclays     Bank
      26,000                                                 (2,391)
          SATS   Ltd                       Credit    Suisse
     1,069,800                                                 (234,589)
          SATS   Ltd                       Goldam    Sachs
      436,100                                                 12,339
          SATS   Ltd                       JP  Morgan
      49,900                                                (10,942)
          Sembcorp     Industries      Ltd               Barclays     Bank
     (574,700)                                                  69,109
          Sembcorp     Industries      Ltd               Goldam    Sachs
     (293,000)                                                  29,016
                                126/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          シンガポール（続き）
          Sembcorp     Marine    Ltd                 Barclays     Bank
    (2,723,400)                                                   38,529
          Sembcorp     Marine    Ltd
    (1,358,439)                                Citibank                   19,218
          Sembcorp     Marine    Ltd                 Credit    Suisse
    (1,586,800)                                                   56,122
          Sembcorp     Marine    Ltd
     (499,200)                               HSBC                   17,656
          Sembcorp     Marine    Ltd                 JP  Morgan
     (292,543)                                                  10,347
          Singapore     Airlines     Ltd                Barclays     Bank
     (127,900)                                                 (17,190)
          Singapore     Airlines     Ltd                Goldam    Sachs
     (295,400)                                                  16,716
          Singapore     Exchange     Ltd
      352,800                              Citibank                  (386,815)
          Singapore     Exchange     Ltd                Credit    Suisse
      41,400                                                (44,806)
          Singapore     Technologies       Engineering      Ltd        Bank   of  America    Merrill    Lynch
      397,800                                                 (22,511)
          Singapore     Technologies       Engineering      Ltd        Barclays     Bank
      807,100                                                 57,091
          Singapore     Technologies       Engineering      Ltd        Credit    Suisse
      155,900                                                 (13,233)
          Singapore     Technologies       Engineering      Ltd        Goldam    Sachs
      98,600                                                 (5,580)
          Singapore     Technologies       Engineering      Ltd        JP  Morgan
      141,300                                                 (11,994)
          StarHub    Ltd                     Barclays     Bank
      176,900                                                 (3,754)
          StarHub    Ltd
      154,900                              Citibank                   (3,287)
          StarHub    Ltd                     Credit    Suisse
      120,200                                                 (5,952)
          StarHub    Ltd                     Goldam    Sachs
     1,018,800                                                  (21,620)
          StarHub    Ltd
      162,000                              HSBC                   (8,021)
          StarHub    Ltd                     JP  Morgan
      70,800                                                 (3,506)
          United    Overseas     Bank   Ltd               Bank   of  America    Merrill    Lynch
      71,000                                                 5,022
          United    Overseas     Bank   Ltd               Barclays     Bank
      167,000                                                  4,725
          United    Overseas     Bank   Ltd               Goldam    Sachs
      57,100                                                 4,039
          UOL  Group   Ltd                    Bank   of  America    Merrill    Lynch
     (325,700)                                                 (41,470)
          UOL  Group   Ltd                    Barclays     Bank
      (33,600)                                                 (8,319)
          UOL  Group   Ltd                    Goldam    Sachs
     (214,300)                                                 (27,286)
          Venture    Corp   Ltd                   Bank   of  America    Merrill    Lynch
      (69,200)                                                  6,364
          Venture    Corp   Ltd                   Barclays     Bank
     (136,700)                                                    －
          Venture    Corp   Ltd                   Goldam    Sachs
     (143,000)                                                  13,150
          Venture    Corp   Ltd                   JP  Morgan
      (18,000)                                                  3,998
          Wilmar    International       Ltd               Bank   of  America    Merrill    Lynch
      (95,000)                                                 (10,080)
          Wilmar    International       Ltd               Barclays     Bank
      (88,200)                                                 (12,478)
          Wilmar    International       Ltd               Goldam    Sachs
      (43,800)                                                 (4,647)
          Wilmar    International       Ltd
      (65,500)                              HSBC                   (23,629)
          Yanlord    Land   Group   Ltd
      181,800                              Citibank                    6,430
          Yanlord    Land   Group   Ltd                Credit    Suisse
     1,231,600                                                  43,560
          Yanlord    Land   Group   Ltd                JP  Morgan                  12,849
      363,300
                                                     (1,025,591)
          韓国
          Amorepacific       Corp                   Barclays     Bank
       2,230                                                (12,976)
          AMOREPACIFIC       Group                   Barclays     Bank
      15,730                                                 29,630
          AMOREPACIFIC       Group
       5,529                             Citibank                   10,415
          AMOREPACIFIC       Group                   Goldam    Sachs
       4,850                                                 9,662
          AMOREPACIFIC       Group                   JP  Morgan
      10,910                                                 (6,870)
          AMOREPACIFIC       Group   (Pref)                Barclays     Bank
      (1,310)                                                  891
                                127/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          韓国（続き）
          AMOREPACIFIC       Group   (Pref)                Credit    Suisse
        (47)                                                 166
          AMOREPACIFIC       Group   (Pref)                JP  Morgan
       (252)                                                 892
          BGF  retail    Co  Ltd                  JP  Morgan
      (4,879)                                                (55,963)
          BNK  Financial     Group   Inc               Barclays     Bank
      77,100                                                 24,549
          BNK  Financial     Group   Inc
      78,470                              Citibank                   24,985
          BNK  Financial     Group   Inc               Credit    Suisse
      393,922                                                 44,792
          BNK  Financial     Group   Inc               Goldam    Sachs
      241,025                                                 104,641
          BNK  Financial     Group   Inc
      61,882                              HSBC                    7,036
          BNK  Financial     Group   Inc               JP  Morgan
      50,676                                                 5,762
          Celltrion     Healthcare      Co  Ltd             Barclays     Bank
      (6,474)                                                  576
          Celltrion     Healthcare      Co  Ltd
      (64,996)                              Citibank                    5,779
          Celltrion     Healthcare      Co  Ltd             Credit    Suisse
      (66,936)                                                 (78,813)
          Celltrion     Healthcare      Co  Ltd
      (7,224)                              HSBC                   (8,506)
          Celltrion     Inc                    Credit    Suisse
      (13,795)                                                  2,335
          Cheil   Worldwide     Inc                 Barclays     Bank
      72,120                                                (24,494)
          Cheil   Worldwide     Inc                 Credit    Suisse
      106,182                                                (117,451)
          Cheil   Worldwide     Inc                 Goldam    Sachs
      117,070                                                 (42,782)
          Cheil   Worldwide     Inc
       7,882                             HSBC                   (8,719)
          CJ  CheilJedang      Corp                  Barclays     Bank
       8,571                                                (33,674)
          CJ  CheilJedang      Corp                  Goldam    Sachs
        490                                               (5,289)
          CJ  CheilJedang      Corp
       1,680                             HSBC                   21,401
          CJ  Corp                        Bank   of  America    Merrill    Lynch
       2,349                                                21,653
          CJ  Corp                        Barclays     Bank
      16,100                                                 41,504
          CJ  Corp
       3,388                             Citibank                    8,734
          CJ  Corp                        Credit    Suisse
       4,979                                                42,938
          CJ  Corp                        Goldam    Sachs
       7,007                                                64,589
          CJ  Corp                        JP  Morgan
      32,630                                                281,395
          CJ  ENM  Co  Ltd                    Barclays     Bank
      16,296                                                 37,592
          CJ  Logistics     Corp
      (4,344)                              Citibank                   (18,630)
          CJ  Logistics     Corp                   JP  Morgan
      (14,210)                                                (169,865)
          Coway   Co  Ltd                     Barclays     Bank
       6,100                                                11,438
          Coway   Co  Ltd                     Credit    Suisse
       4,930                                                15,357
          Coway   Co  Ltd                     Goldam    Sachs
      13,100                                                 46,817
          Coway   Co  Ltd                     JP  Morgan
      20,036                                                 62,411
          Daelim    Industrial      Co  Ltd               Credit    Suisse
      39,882                                                314,314
          Daelim    Industrial      Co  Ltd
      29,055                              HSBC                   228,986
          Daewoo    Engineering      & Construction       Co  Ltd       Barclays     Bank
      (37,767)                                                 (10,392)
          Daewoo    Engineering      & Construction       Co  Ltd       Goldam    Sachs
       (667)                                                 (177)
          Daewoo    Engineering      & Construction       Co  Ltd       JP  Morgan
     (136,542)                                                 (22,664)
          Daewoo    Shipbuilding       & Marine    Engineering      Co  Ltd   Barclays     Bank
      83,694                                                322,989
          Daewoo    Shipbuilding       & Marine    Engineering      Co  Ltd
       7,533                             Citibank                   29,071
          Daewoo    Shipbuilding       & Marine    Engineering      Co  Ltd   Credit    Suisse
       6,282                                                21,746
          Daewoo    Shipbuilding       & Marine    Engineering      Co  Ltd   Goldam    Sachs
      71,094                                                298,517
                                128/270




                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          韓国（続き）
          Daewoo    Shipbuilding       & Marine    Engineering      Co  Ltd
      57,630                              HSBC                   199,490
          Daewoo    Shipbuilding       & Marine    Engineering      Co  Ltd   JP  Morgan
      37,176                                                128,687
          DB  Insurance     Co  Ltd                 Barclays     Bank
      (14,770)                                                 31,076
          DB  Insurance     Co  Ltd                 Goldam    Sachs
      (33,144)                                                 208,963
          DB  Insurance     Co  Ltd
      (2,873)                              HSBC                    5,657
          DGB  Financial     Group   Inc               Barclays     Bank
      86,970                                                 19,590
          DGB  Financial     Group   Inc               Credit    Suisse
      115,587                                                  4,833
          DGB  Financial     Group   Inc               Goldam    Sachs
      290,340                                                 99,852
          DGB  Financial     Group   Inc
      155,620                              HSBC                    6,506
          DGB  Financial     Group   Inc               JP  Morgan
      10,769                                                  450
          Dongsuh    Cos  Inc                   Bank   of  America    Merrill    Lynch
      (3,406)                                                 1,523
          Dongsuh    Cos  Inc
      (42,249)                              Citibank                   17,769
          Dongsuh    Cos  Inc                   Credit    Suisse
      (26,801)                                                 19,792
          Dongsuh    Cos  Inc                   JP  Morgan
      (10,792)                                                  7,969
          Doosan    Bobcat    Inc
      164,305                              HSBC                   12,669
          Doosan    Bobcat    Inc                  JP  Morgan
      11,980                                                  924
          Doosan    Co  Ltd                    Barclays     Bank
       6,490                                                 5,533
          Doosan    Co  Ltd
         1                           Citibank                      1
          Doosan    Co  Ltd                    Credit    Suisse
      11,929                                                (25,687)
          Doosan    Co  Ltd                    Goldam    Sachs
      17,317                                                 22,843
          Doosan    Heavy   Industries      & Construction       Co  Ltd
      (40,327)                              Citibank                   (10,590)
          Doosan    Infracore     Co  Ltd               Barclays     Bank
      194,470                                                 (45,011)
          Doosan    Infracore     Co  Ltd               Goldam    Sachs
      336,974                                                 (66,048)
          Doosan    Solus   Co  Ltd
      (39,881)                              Citibank                  (162,816)
          Doosan    Solus   Co  Ltd                 JP  Morgan
      (8,110)                                                (52,382)
          E-MART    Inc                      Barclays     Bank
      (7,770)                                                (24,263)
          E-MART    Inc
      (15,806)                              Citibank                   (49,356)
          E-MART    Inc                      Credit    Suisse
      (18,456)                                                 40,920
          E-MART    Inc                      JP  Morgan
      (6,574)                                                 14,576
          GS  Engineering      & Construction       Corp          Barclays     Bank
      81,670                                                291,529
          GS  Engineering      & Construction       Corp          Credit    Suisse
       4,216                                                10,615
          GS  Engineering      & Construction       Corp          Goldam    Sachs
      84,743                                                315,171
          GS  Engineering      & Construction       Corp
        280                            HSBC                     705
          GS  Holdings     Corp                   Barclays     Bank
       5,040                                                 (797)
          GS  Holdings     Corp
       8,352                             Citibank                   (1,321)
          GS  Holdings     Corp                   Credit    Suisse
      30,143                                                (20,154)
          GS  Holdings     Corp                   Goldam    Sachs
      74,992                                                 31,874
          GS  Holdings     Corp
      66,625                              HSBC                   (69,157)
          GS  Holdings     Corp                   JP  Morgan
      41,801                                                (43,390)
          GS  Retail    Co  Ltd                   Barclays     Bank
      11,671                                                 16,497
          GS  Retail    Co  Ltd                   Goldam    Sachs
      18,690                                                 (2,373)
          GS  Retail    Co  Ltd
      18,203                              HSBC                   51,669
          GS  Retail    Co  Ltd                   JP  Morgan
      11,740                                                 38,930
                                129/270




                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          韓国（続き）
          Hana   Financial     Group   Inc
       6,817                             Citibank                   24,602
          Hana   Financial     Group   Inc               Credit    Suisse
      33,860                                                 68,094
          Hana   Financial     Group   Inc               Goldam    Sachs
      101,160                                                 346,872
          Hana   Financial     Group   Inc
      88,057                              HSBC                   177,088
          Hana   Financial     Group   Inc               JP  Morgan
      70,241                                                141,259
          Hankook    Tire   & Technology      Co  Ltd           Bank   of  America    Merrill    Lynch
      29,113                                                 67,613
          Hankook    Tire   & Technology      Co  Ltd           Barclays     Bank
      18,610                                                 13,113
          Hankook    Tire   & Technology      Co  Ltd
      56,186                              Citibank                   39,591
          Hankook    Tire   & Technology      Co  Ltd           Credit    Suisse
      38,807                                                 22,199
          Hankook    Tire   & Technology      Co  Ltd           Goldam    Sachs
      73,763                                                171,311
          Hankook    Tire   & Technology      Co  Ltd
      13,030                              HSBC                    7,454
          Hankook    Tire   & Technology      Co  Ltd           JP  Morgan
      38,362                                                 21,945
          Hanmi   Pharm   Co  Ltd                  Barclays     Bank
      (7,759)                                                 39,437
          Hanmi   Pharm   Co  Ltd
      (8,507)                              Citibank                   43,239
          Hanmi   Pharm   Co  Ltd                  Goldam    Sachs
      (2,136)                                                 16,355
          Hanmi   Science    Co  ltd
      (60,166)                              Citibank                   18,641
          Hanmi   Science    Co  ltd                 Goldam    Sachs
      (37,048)                                                 (2,554)
          Hanmi   Science    Co  ltd                 JP  Morgan
      (7,645)                                                 17,625
          Hanon   Systems                      Barclays     Bank
     (143,344)                                                 (94,818)
          Hanon   Systems
      (34,158)                              Citibank                   (22,594)
          Hanon   Systems                      Credit    Suisse
     (245,060)                                                 (145,390)
          Hanon   Systems                      JP  Morgan
      (88,336)                                                 (52,408)
          Hanssem    Co  Ltd                    Barclays     Bank
      (8,667)                                                  718
          Hanssem    Co  Ltd                    Credit    Suisse
      (7,275)                                                (45,501)
          Hanssem    Co  Ltd                    Goldam    Sachs
      (49,500)                                                 116,971
          Hanwha    Aerospace     Co  Ltd               Barclays     Bank
      189,083                                                 163,649
          Hanwha    Aerospace     Co  Ltd
       8,950                             Citibank                    7,746
          Hanwha    Aerospace     Co  Ltd               Credit    Suisse
      29,031                                                (25,345)
          Hanwha    Aerospace     Co  Ltd               Goldam    Sachs
      120,269                                                 68,764
          Hanwha    Aerospace     Co  Ltd
      14,350                              HSBC                   (6,354)
          Hanwha    Aerospace     Co  Ltd               JP  Morgan
      46,430                                                (40,534)
          Hanwha    Solutions     Corp                 Credit    Suisse
      32,151                                                 42,367
          Hanwha    Solutions     Corp                 JP  Morgan
       6,062                                                 7,988
          HDC  Holdings     Co  Ltdπ                 Goldam    Sachs
         1                                                －
          HDC  Holdings     Co  Ltdπ                 JP  Morgan
         1                                                －
          Helixmith     Co  Ltd                   Barclays     Bank
     (119,932)                                                 (50,823)
          HLB  Inc                       Credit    Suisse
      (50,566)                                                (447,870)
          Hotel   Shilla    Co  Ltd
       1,720                             HSBC                   (1,930)
          Hyundai    Department      Store   Co  Ltd           Barclays     Bank
         9                                                (18)
          Hyundai    Department      Store   Co  Ltd
       4,288                             Citibank                   (8,589)
          Hyundai    Department      Store   Co  Ltd           Credit    Suisse
       2,682                                                (17,064)
          Hyundai    Department      Store   Co  Ltd           Goldam    Sachs
      37,793                                                (45,591)
          Hyundai    Glovis    Co  Ltd                Barclays     Bank
       8,180                                                35,467
          Hyundai    Glovis    Co  Ltd
       2,890                             Citibank                   12,530
          Hyundai    Glovis    Co  Ltd                Credit    Suisse
       8,260                                                62,993
                                130/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          韓国（続き）
          Hyundai    Glovis    Co  Ltd                Goldam    Sachs
       6,626                                                72,774
          Hyundai    Glovis    Co  Ltd
       6,680                             HSBC                   50,943
          Hyundai    Glovis    Co  Ltd                JP  Morgan
       1,750                                                13,346
          Hyundai    Heavy   Industries      Holdings     Co  Ltd       Barclays     Bank
      (10,993)                                                (228,155)
          Hyundai    Heavy   Industries      Holdings     Co  Ltd       Credit    Suisse
      (12,313)                                                (165,917)
          Hyundai    Heavy   Industries      Holdings     Co  Ltd       Goldam    Sachs
      (6,739)                                                (169,010)
          Hyundai    Marine    & Fire   Insurance     Co  Ltd        Barclays     Bank
      (42,000)                                                 11,184
          Hyundai    Marine    & Fire   Insurance     Co  Ltd        Goldam    Sachs
     (139,980)                                                 295,184
          Hyundai    Mipo   Dockyard     Co  Ltd
      (27,749)                              Citibank                  (106,757)
          Hyundai    Mipo   Dockyard     Co  Ltd             Goldam    Sachs
      (20,508)                                                 (90,720)
          Hyundai    Mobis   Co  Ltd                 Barclays     Bank
      26,284                                                292,391
          Hyundai    Mobis   Co  Ltd                 Credit    Suisse
       3,810                                                59,425
          Hyundai    Mobis   Co  Ltd                 Goldam    Sachs
      25,010                                                493,880
          Hyundai    Mobis   Co  Ltd
        320                            HSBC                    4,991
          Hyundai    Mobis   Co  Ltd                 JP  Morgan
       1,800                                                28,075
          Hyundai    Motor   Co  (Pref)                 Barclays     Bank
      (19,682)                                                 (6,796)
          Hyundai    Motor   Co  (Pref)                 Barclays     Bank
      (2,850)                                                  (534)
          Hyundai    Motor   Co  (Pref)
      (9,950)                              Citibank                   (3,435)
          Hyundai    Motor   Co  (Pref)                 Credit    Suisse
      (27,867)                                                 (25,035)
          Hyundai    Motor   Co  (Pref)                 Credit    Suisse
      (6,548)                                                 2,392
          Hyundai    Motor   Co  (Pref)                 Goldam    Sachs
      (15,128)                                                 (42,249)
          Hyundai    Motor   Co  (Pref)                 Goldam    Sachs
      (7,015)                                                 (9,467)
          Hyundai    Motor   Co  (Pref)
      (7,333)                              HSBC                   (6,588)
          Hyundai    Motor   Co  (Pref)
      (5,634)                              HSBC                    2,058
          Hyundai    Motor   Co  (Pref)                 JP  Morgan
      (2,545)                                                 (2,286)
          Hyundai    Steel   Co                  Barclays     Bank
     (241,787)                                                 (375,994)
          Hyundai    Steel   Co
      (2,944)                              Citibank                   (4,578)
          Hyundai    Steel   Co                  Credit    Suisse
      (58,178)                                                 (12,965)
          Hyundai    Steel   Co                  Goldam    Sachs
      (37,607)                                                 (72,359)
          Hyundai    Wia  Corp                   Barclays     Bank
       6,040                                                10,521
          Hyundai    Wia  Corp                   Credit    Suisse
      10,100                                                 22,672
          Hyundai    Wia  Corp                   JP  Morgan
      10,510                                                 23,593
          Kakao   Corp                      Barclays     Bank
       1,450                                                18,968
          Kakao   Corp                      Credit    Suisse
        670                                               29,408
          Kakao   Corp
       1,850                             HSBC                   81,202
          Kangwon    Land   Inc
      (46,826)                              Citibank                   23,823
          Kangwon    Land   Inc                   Goldam    Sachs
      (59,485)                                                 (50,952)
          KB  Financial     Group   Inc                Credit    Suisse
      41,251                                                 23,312
          KB  Financial     Group   Inc
      37,741                              HSBC                   21,328
          Kia  Motors    Corp                    Barclays     Bank
      122,510                                                 406,916
          Kia  Motors    Corp
      39,530                              Citibank                   131,298
          Kia  Motors    Corp                    Credit    Suisse
      89,070                                                236,255
          Kia  Motors    Corp                    Goldam    Sachs
      137,260                                                 551,266
          Kia  Motors    Corp
      72,934                              HSBC                   193,455
          Kia  Motors    Corp                    JP  Morgan
       4,760                                                12,626
                                131/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          韓国（続き）
          Korea   Aerospace     Industries      Ltd            Barclays     Bank
      29,360                                                 37,249
          Korea   Aerospace     Industries      Ltd
      14,610                              Citibank                   18,535
          Korea   Aerospace     Industries      Ltd            Goldam    Sachs
      15,440                                                 23,173
          Korea   Aerospace     Industries      Ltd
      14,000                              HSBC                   10,550
          Korea   Investment      Holdings     Co  Ltd           Barclays     Bank
      24,650                                                 76,447
          Korea   Investment      Holdings     Co  Ltd           Goldam    Sachs
      55,842                                                316,770
          Korea   Shipbuilding       & Offshore     Engineering      Co  Ltd   Barclays     Bank
      (14,159)                                                (123,510)
          Korea   Shipbuilding       & Offshore     Engineering      Co  Ltd
      (37,538)                              Citibank                  (327,447)
          Korea   Shipbuilding       & Offshore     Engineering      Co  Ltd   Credit    Suisse
      (40,178)                                                (254,809)
          Korea   Shipbuilding       & Offshore     Engineering      Co  Ltd   Goldam    Sachs
      (5,048)                                                (48,609)
          Korea   Shipbuilding       & Offshore     Engineering      Co  Ltd
      (27,548)                              HSBC                  (174,710)
          Korea   Zinc   Co  Ltd                  Goldam    Sachs
      (1,530)                                                 (8,981)
          KT&G   Corp                       Bank   of  America    Merrill    Lynch
       3,464                                                15,464
          KT&G   Corp                       Barclays     Bank
      10,370                                                 13,400
          KT&G   Corp                       Goldam    Sachs
      48,280                                                215,526
          KT&G   Corp
       1,650                             HSBC                    5,329
          LG  Chem   Ltd                     Barclays     Bank
      (15,580)                                                (164,082)
          LG  Chem   Ltd                     Goldam    Sachs
      (11,699)                                                (395,836)
          LG  Chem   Ltd  (Pref)                   Barclays     Bank
      (4,125)                                                (37,635)
          LG  Chem   Ltd  (Pref)
      (2,846)                              Citibank                   (25,966)
          LG  Chem   Ltd  (Pref)                   Credit    Suisse
      (1,100)                                                (12,933)
          LG  Chem   Ltd  (Pref)                   Goldam    Sachs
      (1,440)                                                (24,490)
          LG  Chem   Ltd  (Pref)
       (475)                             HSBC                   (5,585)
          LG  Corp                        Credit    Suisse
      22,735                                                 10,294
          LG  Corp
      28,066                              HSBC                   12,708
          LG  Display    Co  Ltd
      13,240                              Citibank                    (667)
          LG  Display    Co  Ltd                  Credit    Suisse
      25,100                                                 (4,892)
          LG  Display    Co  Ltd
      32,850                              HSBC                   (11,507)
          LG  Electronics      Inc                  Barclays     Bank
      40,380                                                 95,590
          LG  Electronics      Inc
      37,227                              Citibank                   88,126
          LG  Electronics      Inc                  Goldam    Sachs
      90,630                                                334,490
          LG  Electronics      Inc
        230                            HSBC                     605
          LG  Household     & Health    Care   Ltd            Goldam    Sachs
        340                                               (31,277)
          LG  Uplus   Corp                     Barclays     Bank
      71,450                                                  (920)
          LG  Uplus   Corp
      25,450                              HSBC                   (3,077)
          LG  Uplus   Corp                     JP  Morgan
      38,020                                                 (4,597)
          Lotte   Chemical     Corp                  Barclays     Bank
      (7,100)                                                (27,393)
          Lotte   Chilsung     Beverage     Co  Ltd            Barclays     Bank
       2,430                                                (9,087)
          Lotte   Chilsung     Beverage     Co  Ltd
       3,653                             Citibank                   (13,660)
          Lotte   Chilsung     Beverage     Co  Ltd            Credit    Suisse
       6,015                                                (47,112)
          Lotte   Chilsung     Beverage     Co  Ltd            Goldam    Sachs
       2,255                                                (5,720)
          Lotte   Chilsung     Beverage     Co  Ltd
       1,594                             HSBC                   (12,485)
                                132/270




                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          韓国（続き）
          Lotte   Chilsung     Beverage     Co  Ltd            JP  Morgan
       1,664                                                (13,033)
          Lotte   Corp                      Barclays     Bank
      (57,560)                                                 67,081
          Lotte   Corp
      (74,395)                              Citibank                   86,700
          Lotte   Corp                      Credit    Suisse
      (49,800)                                                 202,700
          Lotte   Corp
      (8,382)                              HSBC                   34,117
          LOTTE   Fine   Chemical     Co  Ltd              Barclays     Bank
      11,168                                                 10,872
          LOTTE   Fine   Chemical     Co  Ltd              Credit    Suisse
      49,710                                                 15,548
          LOTTE   Fine   Chemical     Co  Ltd              Goldam    Sachs
      13,018                                                 27,731
          LOTTE   Fine   Chemical     Co  Ltd
      22,044                              HSBC                    6,895
          Lotte   Shopping     Co  Ltd                Bank   of  America    Merrill    Lynch
        (1)                                                 (1)
          Mando   Corp                      Barclays     Bank
      18,690                                                 19,155
          Mando   Corp                      Goldam    Sachs
      24,780                                                 61,189
          Medy-Tox     Inc                     Barclays     Bank
      (13,291)                                                 151,555
          Mirae   Asset   Daewoo    Co  Ltd              Barclays     Bank
      883,894                                                 394,822
          Mirae   Asset   Daewoo    Co  Ltd              Goldam    Sachs
      103,100                                                 66,406
          NAVER   Corp                      Barclays     Bank
       2,370                                                (9,146)
          NAVER   Corp
       2,910                             Citibank                   (11,230)
          NCSoft    Corp                      Barclays     Bank
        182                                                (141)
          NCSoft    Corp                      Goldam    Sachs
       2,260                                                73,891
          Netmarble     Corp                    Barclays     Bank
       1,400                                                (2,390)
          NH  Investment      & Securities      Co  Ltd          Barclays     Bank
      132,853                                                  4,104
          NH  Investment      & Securities      Co  Ltd          Credit    Suisse
       9,885                                                  274
          NH  Investment      & Securities      Co  Ltd          Goldam    Sachs
      160,658                                                 85,023
          NH  Investment      & Securities      Co  Ltd
      47,900                              HSBC                    1,330
          NH  Investment      & Securities      Co  Ltd          JP  Morgan
       3,005                                                  83
          NHN  Corp                       Barclays     Bank
      14,790                                                (27,569)
          NHN  Corp
       8,200                             Citibank                   (15,285)
          NHN  Corp                       Goldam    Sachs
       2,190                                                (10,185)
          NHN  Corp
       6,640                             HSBC                   16,269
          NHN  Corp                       JP  Morgan
       3,520                                                 8,625
          NongShim     Co  Ltd
       1,120                             Citibank                   (5,779)
          OCI  Co  Ltd                      Barclays     Bank
      (56,830)                                                 80,297
          OCI  Co  Ltd
      (1,335)                              Citibank                    1,886
          OCI  Co  Ltd                      Goldam    Sachs
      (26,802)                                                 (29,676)
          OCI  Co  Ltd
      (11,510)                              HSBC                   20,680
          OCI  Co  Ltd                      JP  Morgan
       (928)                                                1,667
          Orion   Corp                      Barclays     Bank
       5,880                                                (3,137)
          Orion   Corp                      Credit    Suisse
       1,060                                                 5,229
          Orion   Corp                      Goldam    Sachs
       5,520                                                (39,434)
          Orion   Corp
        530                            HSBC                    2,614
          Ottogi    Corp
       (647)                             Citibank                   10,810
          Ottogi    Corp                      Credit    Suisse
      (1,222)                                                 (5,735)
          Ottogi    Corp
       (998)                             HSBC                   (4,684)
          Paradise     Co  Ltd                   Goldam    Sachs
      (57,545)                                                 (14,621)
       1,803    POSCO                          Citibank                   12,799
                                133/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          韓国（続き）
                                    Credit    Suisse
       1,213    POSCO                                             (1,709)
                                    JP  Morgan
      15,973    POSCO                                            (22,501)
          POSCO   Chemical     Co  Ltd                Barclays     Bank
     (145,057)                                                 347,966
          POSCO   Chemical     Co  Ltd
      (55,795)                              Citibank                   133,842
          POSCO   Chemical     Co  Ltd                Credit    Suisse
      (35,331)                                                 (77,230)
          POSCO   Chemical     Co  Ltd
        (47)                            HSBC                    (103)
          POSCO   Chemical     Co  Ltd                JP  Morgan
      (4,204)                                                 (9,189)
          Posco   International       Corp               Credit    Suisse
      64,831                                                 88,208
          Posco   International       Corp               Goldam    Sachs
      203,556                                                 331,337
          Posco   International       Corp
      71,600                              HSBC                   97,417
          Posco   International       Corp               JP  Morgan
       3,198                                                 4,351
          S-1  Corp                       Goldam    Sachs
      (4,061)                                                 (4,089)
          Samsung    Biologics     Co  Ltd               Credit    Suisse
      (4,897)                                                (98,989)
          Samsung    Biologics     Co  Ltd               Goldam    Sachs
      (7,873)                                                (84,795)
          Samsung    C&T  Corp                   Barclays     Bank
      (8,070)                                                 (1,174)
          Samsung    C&T  Corp
       (390)                             Citibank                     (57)
          Samsung    C&T  Corp                   Credit    Suisse
      (6,890)                                                 44,555
          Samsung    C&T  Corp                   Goldam    Sachs
      (11,890)                                                  3,826
          Samsung    C&T  Corp
       (851)                             HSBC                    5,503
          Samsung    Card   Co  Ltd                 Barclays     Bank
      24,820                                                 4,298
          Samsung    Card   Co  Ltd
        881                            Citibank                     153
          Samsung    Card   Co  Ltd                 Credit    Suisse
      13,101                                                (11,210)
          Samsung    Card   Co  Ltd                 Goldam    Sachs
      30,052                                                 (1,898)
          Samsung    Card   Co  Ltd                 JP  Morgan
      12,720                                                (10,884)
          Samsung    Electro-Mechanics         Co  Ltd           Barclays     Bank
      (18,919)                                                 (89,454)
          Samsung    Electro-Mechanics         Co  Ltd
      (10,740)                              Citibank                   (50,781)
          Samsung    Electronics      Co  Ltd  (Pref)            Goldam    Sachs
      134,760                                                 179,778
          Samsung    Engineering      Co  Ltd              Barclays     Bank
      147,240                                                 99,435
          Samsung    Engineering      Co  Ltd              Credit    Suisse
      10,572                                                 2,325
          Samsung    Engineering      Co  Ltd              Goldam    Sachs
      376,650                                                 360,192
          Samsung    Engineering      Co  Ltd
      68,920                              HSBC                   15,157
          Samsung    Heavy   Industries      Co  Ltd           Barclays     Bank
     (442,761)                                                 (241,315)
          Samsung    Heavy   Industries      Co  Ltd
     (434,924)                               Citibank                  (237,044)
          Samsung    Heavy   Industries      Co  Ltd           Credit    Suisse
     (584,384)                                                 (231,236)
          Samsung    Heavy   Industries      Co  Ltd           Goldam    Sachs
      (20,211)                                                 (11,099)
          Samsung    Heavy   Industries      Co  Ltd
     (127,357)                               HSBC                   (50,394)
          Samsung    Heavy   Industries      Co  Ltd           JP  Morgan
      (10,820)                                                 (4,281)
          Samsung    Life   Insurance     Co  Ltd            Credit    Suisse
      (12,946)                                                 27,979
          Samsung    Life   Insurance     Co  Ltd
      (8,467)                              HSBC                   18,299
          Samsung    SDI  Co  Ltd                  Barclays     Bank
      (17,575)                                                (320,614)
          Samsung    SDI  Co  Ltd
      (1,752)                              Citibank                   (31,961)
          Samsung    SDI  Co  Ltd                  Goldam    Sachs
       (146)                                                (6,445)
          Samsung    SDS  Co  Ltd                  Barclays     Bank
       5,200                                                66,292
          Samsung    SDS  Co  Ltd
       2,897                             Citibank                   36,932
          Samsung    SDS  Co  Ltd                  Credit    Suisse
       8,411                                                80,252
                                134/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          韓国（続き）
          Samsung    SDS  Co  Ltd                  Goldam    Sachs
       1,670                                                19,473
          Samsung    SDS  Co  Ltd
       7,719                             HSBC                   73,649
          Samsung    SDS  Co  Ltd                  JP  Morgan
      14,205                                                135,534
          Samsung    Securities      Co  Ltd              Credit    Suisse
       8,222                                                (9,570)
          Samsung    Securities      Co  Ltd              Goldam    Sachs
      32,150                                                 13,891
          Samsung    Securities      Co  Ltd
      10,550                              HSBC                   (12,279)
          Shinhan    Financial     Group   Co  Ltd
       6,377                             Citibank                    5,483
          Shinhan    Financial     Group   Co  Ltd            Credit    Suisse
      48,857                                                (14,131)
          Shinhan    Financial     Group   Co  Ltd
      73,842                              HSBC                   (21,357)
          Shinhan    Financial     Group   Co  Ltd            JP  Morgan
      35,265                                                (10,200)
          SK  Holdings     Co  Ltd                  Barclays     Bank
      (2,509)                                                (20,711)
          SK  Holdings     Co  Ltd                  Goldam    Sachs
      (1,660)                                                (74,926)
          SK  Hynix   Inc                     Barclays     Bank
      (54,667)                                                 (4,476)
          SK  Hynix   Inc                     Goldam    Sachs
      (11,427)                                                  8,264
          SK  Innovation      Co  Ltd                 Barclays     Bank
      (20,747)                                                (249,183)
          SK  Innovation      Co  Ltd                 Goldam    Sachs
      (8,013)                                                (152,235)
          SK  Networks     Co  Ltd
     (108,047)                               Citibank                   (13,427)
          SK  Networks     Co  Ltd                  Goldam    Sachs
     (295,133)                                                 (66,837)
          SK  Telecom    Co  Ltd                  Barclays     Bank
      12,300                                                 71,977
          SK  Telecom    Co  Ltd                  Credit    Suisse
       9,339                                                44,067
          SK  Telecom    Co  Ltd                  Goldam    Sachs
       5,460                                                47,462
          SK  Telecom    Co  Ltd
        232                            HSBC                    1,095
          SK  Telecom    Co  Ltd                  JP  Morgan
       1,730                                                 8,163
          SKC  Co  Ltd                      Barclays     Bank
      (18,160)                                                 (63,582)
          SKC  Co  Ltd
      (9,845)                              Citibank                   (34,470)
          SKC  Co  Ltd                      Goldam    Sachs
      (85,979)                                                (402,063)
          SKC  Co  Ltd
      (3,000)                              HSBC                   (13,877)
          SKC  Co  Ltd                      JP  Morgan
      (40,074)                                                (185,363)
          S-Oil   Corp                      Barclays     Bank
      (25,830)                                                 (33,711)
          S-Oil   Corp
      (53,236)                              Citibank                   (69,479)
          S-Oil   Corp                      Credit    Suisse
      (29,676)                                                 (15,525)
          S-Oil   Corp
      (8,510)                              HSBC                   (4,452)
          Ssangyong     Cement    Industrial      Co  Ltd
      (21,908)                              Citibank                    (777)
          Ssangyong     Cement    Industrial      Co  Ltd          Credit    Suisse
     (142,874)                                                  25,316
          Ssangyong     Cement    Industrial      Co  Ltd          Goldam    Sachs
     (211,856)                                                  10,412
          Ssangyong     Cement    Industrial      Co  Ltd          JP  Morgan
     (121,597)                                                  21,546
          Yuhan   Corp
      (6,840)                              Citibank                     901
          Yuhan   Corp                      Credit    Suisse
      (12,395)                                                 (20,023)
          Yuhan   Corp                      Goldam    Sachs
      (97,155)                                                   964
          Yuhan   Corp                                         (22,252)
      (13,775)                              HSBC
                                                      5,145,814
          スペイン
          ACS  Actividades      de  Construccion       y Servicios     SA   Barclays     Bank
      34,921                                                 94,358
          ACS  Actividades      de  Construccion       y Servicios     SA   Deutsche     Bank
      92,230                                                104,606
                                135/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          スペイン（続き）
          ACS  Actividades      de  Construccion       y Servicios     SA   Goldam    Sachs
      88,021                                                 99,833
          Aena   SME  SA                     Bank   of  America    Merrill    Lynch
        341                                                9,593
          Aena   SME  SA                     Credit    Suisse
       8,782                                                210,927
          Aena   SME  SA                     Goldam    Sachs
      12,347                                                347,350
          Aena   SME  SA
       6,254                             HSBC                   150,209
          Industria     de  Diseno    Textil    SA            Barclays     Bank
       1,867                                                 3,965
          Industria     de  Diseno    Textil    SA            Goldam    Sachs
      32,613                                                 95,012
          Repsol    SA                      Bank   of  America    Merrill    Lynch
      56,279                                                 18,398
          Repsol    SA
      48,640                              Citibank                    5,733
          Repsol    SA                      Deutsche     Bank
      212,600                                                 69,502
          Repsol    SA                      JP  Morgan
                                                       (39,536)
      150,659
                                                      1,169,950
          スウェーデン
          Assa   Abloy   AB  ’B’                  Bank   of  America    Merrill    Lynch
      21,259                                                 37,460
          Assa   Abloy   AB  ’B’                  Barclays     Bank
       3,560                                                 2,882
          Assa   Abloy   AB  ’B’                  Deutsche     Bank
      20,780                                                 36,616
          Assa   Abloy   AB  ’B’                  Goldam    Sachs
      44,560                                                 78,518
          Atlas   Copco   AB  ’A’                  Barclays     Bank
       8,540                                                12,472
          Atlas   Copco   AB  ’A’                  Goldam    Sachs
      31,730                                                113,835
          Axfood    AB                      Credit    Suisse
         2                                                 1
          Axfood    AB                      Deutsche     Bank
         1                                                 1
          Boliden    AB                     Bank   of  America    Merrill    Lynch
      (89,215)                                                (123,213)
          Boliden    AB                     Barclays     Bank
     (266,030)                                                  67,569
          Boliden    AB                     Credit    Suisse
      (7,500)                                                 (4,445)
          Boliden    AB                     Deutsche     Bank
      (43,516)                                                 (60,099)
          Castellum     AB                    Bank   of  America    Merrill    Lynch
      19,040                                                 16,120
          Castellum     AB                    Deutsche     Bank
      20,250                                                 17,144
          Castellum     AB                    Goldam    Sachs
      19,800                                                 16,763
          Castellum     AB                    JP  Morgan
       8,890                                                 8,027
          Electrolux      AB  ’B’                  Bank   of  America    Merrill    Lynch
      11,320                                                 20,845
          Electrolux      AB  ’B’                  Barclays     Bank
      39,010                                                 40,871
          Electrolux      AB  ’B’
      39,600                              Citibank                   41,489
          Electrolux      AB  ’B’                  Deutsche     Bank
      30,570                                                 56,293
          Electrolux      AB  ’B’                  Goldam    Sachs
      95,790                                                176,391
          Electrolux      Professional       AB  ’B’            Bank   of  America    Merrill    Lynch
      (93,484)                                                 (50,456)
          Electrolux      Professional       AB  ’B’            Barclays     Bank
      (59,568)                                                 (2,900)
          Electrolux      Professional       AB  ’B’            Goldam    Sachs
     (144,900)                                                 (78,207)
          Electrolux      Professional       AB  ’B’            JP  Morgan
      (3,236)                                                 (1,589)
          Elekta    AB  ’B’                    Bank   of  America    Merrill    Lynch
      (59,500)                                                 (64,606)
          Elekta    AB  ’B’                    Barclays     Bank
     (181,028)                                                  21,840
          Epiroc    AB  ’B’                    Bank   of  America    Merrill    Lynch
     (117,691)                                                 (83,574)
          Epiroc    AB  ’B’                    Goldam    Sachs
      (35,120)                                                 (24,939)
          Epiroc    AB  ’B’
      (57,433)                              HSBC                   (22,185)
          EQT  AB                       Barclays     Bank
      (5,690)                                                  602
          EQT  AB                       Credit    Suisse
      (91,060)                                                 18,310
                                136/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          スウェーデン（続き）
          EQT  AB                       Goldam    Sachs
     (169,817)                                                 (124,903)
          Essity    AB  ’B’                    Barclays     Bank
      222,477                                                 113,014
          Essity    AB  ’B’                    Goldam    Sachs
      51,045                                                 41,056
          Hennes    & Mauritz    AB  ’B’               Deutsche     Bank
      215,710                                                 546,743
          Hexagon    AB  ’B’                    Bank   of  America    Merrill    Lynch
      (17,362)                                                (113,552)
          Hexagon    AB  ’B’                    Goldam    Sachs
      (62,090)                                                (406,085)
          Hufvudstaden       AB                   Bank   of  America    Merrill    Lynch
      32,199                                                 28,283
          Hufvudstaden       AB                   Barclays     Bank
      88,447                                                 58,970
          Hufvudstaden       AB
      48,691                              Citibank                   32,464
          Hufvudstaden       AB                   Deutsche     Bank
      109,410                                                 96,104
          Hufvudstaden       AB
      19,403                              HSBC                   (13,142)
          Husqvarna     AB  ’B’
      (30,040)                              Citibank                   (11,699)
          ICA  Gruppen    AB                   Bank   of  America    Merrill    Lynch
      (3,890)                                                 (5,969)
          ICA  Gruppen    AB                   Barclays     Bank
      (50,398)                                                 (87,471)
          ICA  Gruppen    AB                   Goldam    Sachs
      (9,008)                                                (13,823)
          Industrivarden        AB  ’A’                Barclays     Bank
      266,497                                                 358,182
          Industrivarden        AB  ’A’                Goldam    Sachs
      33,894                                                 82,859
          Industrivarden        AB  ’C’                Bank   of  America    Merrill    Lynch
      85,910                                                201,838
          Industrivarden        AB  ’C’                Barclays     Bank
      248,394                                                 337,794
          Intrum    AB                      JP  Morgan
        (3)                                                 (7)
          Investment      AB  Latour    ’B’               Credit    Suisse
      (23,790)                                                 (47,836)
          Investment      AB  Latour    ’B’               Goldam    Sachs
     (389,288)                                                 (255,429)
          Investment      AB  Latour    ’B’
      (84,683)                              HSBC                  (170,277)
          Investment      AB  Latour    ’B’               JP  Morgan
      (90,240)                                                (181,451)
          Investor     AB  ’B’                   Bank   of  America    Merrill    Lynch
       8,469                                                41,497
          Investor     AB  ’B’
      39,099                              Citibank                   107,997
          Investor     AB  ’B’
      54,172                              HSBC                   122,686
          Investor     AB  ’B’                   JP  Morgan
      42,402                                                 96,030
          Kinnevik     AB  ’B’                   Deutsche     Bank
      (38,480)                                                 (95,700)
          L E Lundbergforetagen         AB  ’B’             Bank   of  America    Merrill    Lynch
      (10,340)                                                 (59,091)
          L E Lundbergforetagen         AB  ’B’             Barclays     Bank
      (5,430)                                                (21,147)
          Lundin    Energy    AB                  Barclays     Bank
      82,310                                                (49,652)
          Lundin    Energy    AB
       9,530                             Citibank                   (5,749)
          Lundin    Energy    AB                  Deutsche     Bank
      75,230                                                 55,731
          Lundin    Energy    AB                  JP  Morgan
      22,440                                                 1,662
          Modern    Times   Group   MTG  AB  ’B’
        (5)                            Citibank                     (1)
          NCC  AB  ’B’π                      Credit    Suisse
        (2)                                                 －
          Nibe   Industrier      AB  ’B’                Bank   of  America    Merrill    Lynch
       (710)                                                (1,631)
          Nibe   Industrier      AB  ’B’                Credit    Suisse
      (38,695)                                                (111,591)
          Nibe   Industrier      AB  ’B’                Goldam    Sachs
     (101,009)                                                 (231,967)
          Saab   AB  ’B’                     Goldam    Sachs
      (57,555)                                                (163,239)
          Saab   AB  ’B’                     JP  Morgan
      (96,474)                                                (160,294)
          Sandvik    AB                     Credit    Suisse
      154,669                                                 107,214
          Sandvik    AB                     Goldam    Sachs
      14,150                                                 23,810
          Sandvik    AB
      59,646                              HSBC                   41,346
                                137/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          スウェーデン（続き）
          Securitas     AB  ’B’                   Barclays     Bank
      54,198                                                 46,460
          Securitas     AB  ’B’                   Goldam    Sachs
      117,430                                                 192,627
          Skandinaviska       Enskilda     Banken    AB  ’A’         Barclays     Bank
      (50,060)                                                 (39,098)
          Skandinaviska       Enskilda     Banken    AB  ’A’         Deutsche     Bank
      (47,050)                                                 (53,378)
          Skanska    AB  ’B’                    Bank   of  America    Merrill    Lynch
      43,060                                                 86,356
          Skanska    AB  ’B’                    Barclays     Bank
       9,580                                                13,890
          Skanska    AB  ’B’                    Deutsche     Bank
       8,950                                                17,949
          Skanska    AB  ’B’                    Goldam    Sachs
      31,710                                                 63,594
          SKF  AB  ’B’                      Bank   of  America    Merrill    Lynch
      (9,840)                                                (26,294)
          SKF  AB  ’B’                      Credit    Suisse
      (9,810)                                                (16,611)
          SKF  AB  ’B’                      Goldam    Sachs
      (79,960)                                                (213,669)
          Svenska    Cellulosa     AB  SCA  ’B’             Bank   of  America    Merrill    Lynch
      (13,410)                                                 (25,190)
          Svenska    Cellulosa     AB  SCA  ’B’             Deutsche     Bank
      (67,660)                                                (127,098)
          Svenska    Handelsbanken       AB  ’A’             Deutsche     Bank
     (436,861)                                                 (254,281)
          Swedbank     AB  ’A’                   Bank   of  America    Merrill    Lynch
      (44,370)                                                 (86,588)
          Swedbank     AB  ’A’                   Barclays     Bank
     (149,230)                                                 (215,732)
          Swedbank     AB  ’A’                   Deutsche     Bank
      (48,000)                                                 (93,672)
          Swedbank     AB  ’A’                   Goldam    Sachs
      (79,670)                                                (155,476)
          Swedish    Match   AB                  Bank   of  America    Merrill    Lynch
      83,259                                                287,247
          Swedish    Match   AB
      11,410                              Citibank                   19,320
          Swedish    Match   AB                  Goldam    Sachs
      24,894                                                 85,885
          Swedish    Match   AB                  JP  Morgan
      35,310                                                152,463
          Swedish    Orphan    Biovitrum     AB             Deutsche     Bank
      (43,320)                                                 (50,888)
          Tele2   AB  ’B’                     Credit    Suisse
      16,900                                                 (1,699)
          Tele2   AB  ’B’                     Deutsche     Bank
      190,630                                                 87,758
          Tele2   AB  ’B’
      12,830                              HSBC                     618
          Telefonaktiebolaget          LM  Ericsson     ’B’         Barclays     Bank
      25,570                                                 1,894
          Telefonaktiebolaget          LM  Ericsson     ’B’
      37,440                              Citibank                    2,774
          Telefonaktiebolaget          LM  Ericsson     ’B’         Credit    Suisse
      28,590                                                 3,872
          Telia   Co  AB
     (123,200)                               HSBC                    3,651
          Trelleborg      AB  ’B’
      19,490                              Citibank                   16,192
          Trelleborg      AB  ’B’                  Deutsche     Bank
      56,470                                                 84,264
          Trelleborg      AB  ’B’                  Goldam    Sachs
      28,160                                                 42,020
          Trelleborg      AB  ’B’                  JP  Morgan
      29,490                                                 16,697
          Volvo   AB  ’B’                     Bank   of  America    Merrill    Lynch
      182,520                                                 268,493
          Volvo   AB  ’B’                     Barclays     Bank
      185,190                                                 151,889
          Volvo   AB  ’B’                                        36,667
      44,706                              Citibank
                                                       754,316
          スイス
          ABB  Ltd  RegS                     Barclays     Bank
     (245,680)                                                 (215,531)
          ABB  Ltd  RegS                     Goldam    Sachs
     (203,310)                                                 (422,155)
          Allreal    Holding    AG  RegS                Credit    Suisse
         5                                                17
          Allreal    Holding    AG  RegS
         1                           HSBC                      3
          Baloise    Holding    AG  RegS                Barclays     Bank
      (3,720)                                                (15,062)
          Banque    Cantonale     Vaudoise     RegS            Bank   of  America    Merrill    Lynch
      27,370                                                241,533
                                138/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          スイス（続き）
          Banque    Cantonale     Vaudoise     RegS            Barclays     Bank
       9,500                                                57,205
          Banque    Cantonale     Vaudoise     RegS
       3,800                             Citibank                   22,882
          Banque    Cantonale     Vaudoise     RegS            Credit    Suisse
       1,730                                                11,675
          Banque    Cantonale     Vaudoise     RegS            Deutsche     Bank
        230                                                2,030
          Banque    Cantonale     Vaudoise     RegS
       2,890                             HSBC                   19,503
          Banque    Cantonale     Vaudoise     RegS            JP  Morgan
       8,530                                                57,009
          Barry   Callebaut     AG  RegS                Bank   of  America    Merrill    Lynch
        (70)                                               (6,541)
          Barry   Callebaut     AG  RegS                Barclays     Bank
       (770)                                               (64,753)
          Barry   Callebaut     AG  RegS                Goldam    Sachs
       (770)                                               (71,948)
          Cembra    Money   Bank   AG                JP  Morgan
         1                                                 6
          Chocoladefabriken         Lindt   & Spruengli     AG       Goldam    Sachs
       (242)                                               (62,811)
          Chocoladefabriken         Lindt   & Spruengli     AG       JP  Morgan
        (70)                                               (11,628)
          Cie  Financiere      Richemont     SA  RegS           Bank   of  America    Merrill    Lynch
     (140,130)                                                 (657,587)
          Cie  Financiere      Richemont     SA  RegS           Credit    Suisse
      (10,740)                                                  (669)
          Cie  Financiere      Richemont     SA  RegS           Goldam    Sachs
      (78,600)                                                (368,845)
          Clariant     AG  RegS                   Bank   of  America    Merrill    Lynch
     (185,318)                                                 (228,954)
          Clariant     AG  RegS                   Barclays     Bank
      (4,490)                                                 (3,100)
          Clariant     AG  RegS                   Goldam    Sachs
      (20,415)                                                 (25,222)
          Credit    Suisse    Group   AG  RegS              Bank   of  America    Merrill    Lynch
     (327,129)                                                 (453,063)
          Credit    Suisse    Group   AG  RegS
      (51,232)                              Citibank                   (40,318)
          Credit    Suisse    Group   AG  RegS              Goldam    Sachs
     (244,832)                                                 (339,084)
          Credit    Suisse    Group   AG  RegS
     (185,744)                               HSBC                  (112,619)
          Credit    Suisse    Group   AG  RegS              JP  Morgan
      (68,413)                                                 (41,480)
          DKSH   Holding    AG                   Bank   of  America    Merrill    Lynch
      11,007                                                 38,739
          DKSH   Holding    AG                   Barclays     Bank
       2,150                                                 3,348
          DKSH   Holding    AG
       2,190                             Citibank                    3,411
          DKSH   Holding    AG                   Goldam    Sachs
       7,860                                                27,663
          DKSH   Holding    AG                   JP  Morgan
       2,520                                                (3,009)
          Dufry   AG  RegS                     Bank   of  America    Merrill    Lynch
      11,190                                                 55,648
          Dufry   AG  RegS
       6,550                             Citibank                   20,469
          Dufry   AG  RegS                     Credit    Suisse
      12,420                                                 35,482
          Dufry   AG  RegS
      15,490                              HSBC                    9,167
          EMS-Chemie      Holding    AG  RegS
        240                            Citibank                    9,718
          EMS-Chemie      Holding    AG  RegS              Credit    Suisse
        360                                               27,173
          EMS-Chemie      Holding    AG  RegS              Goldam    Sachs
        920                                               76,412
          EMS-Chemie      Holding    AG  RegS
       1,180                             HSBC                   100,457
          EMS-Chemie      Holding    AG  RegS              JP  Morgan
        250                                               21,283
          Flughafen     Zurich    AG  RegS               Bank   of  America    Merrill    Lynch
      (5,540)                                                (159,896)
          Flughafen     Zurich    AG  RegS               Barclays     Bank
      (18,380)                                                (290,050)
          Flughafen     Zurich    AG  RegS               Goldam    Sachs
      (1,400)                                                (40,407)
          Flughafen     Zurich    AG  RegS               JP  Morgan
      (1,446)                                                (28,374)
          Geberit    AG  RegS                    Bank   of  America    Merrill    Lynch
       5,360                                                223,704
          Geberit    AG  RegS                    Barclays     Bank
       1,321                                                17,555
          Geberit    AG  RegS                    Goldam    Sachs
       3,640                                                151,919
          Georg   Fischer    AG  Reg                 JP  Morgan
        682                                               62,309
                                139/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          スイス（続き）
          Georg   Fischer    AG  RegS                 Bank   of  America    Merrill    Lynch
        480                                               75,498
          Georg   Fischer    AG  RegS                 Barclays     Bank
       1,290                                                103,125
          Georg   Fischer    AG  RegS                 Credit    Suisse
       1,595                                                145,723
          Georg   Fischer    AG  RegS                 Goldam    Sachs
        330                                               51,905
          Georg   Fischer    AG  RegS
        20                            HSBC                    1,827
          Givaudan     SA  RegS                   Bank   of  America    Merrill    Lynch
        170                                               30,710
          Givaudan     SA  RegS                   Barclays     Bank
        580                                               28,302
          Givaudan     SA  RegS
        950                            Citibank                   46,356
          Givaudan     SA  RegS
        107                            HSBC                   17,552
          Helvetia     Holding    AG                 Bank   of  America    Merrill    Lynch
       3,010                                                20,938
          Helvetia     Holding    AG
       4,040                             Citibank                   19,504
          Helvetia     Holding    AG                 Goldam    Sachs
       5,650                                                39,301
          Julius    Baer   Group   Ltd
      (31,422)                              HSBC                  (110,917)
          Kuehne    + Nagel   International       AG  RegS         Bank   of  America    Merrill    Lynch
       5,360                                                28,380
          Kuehne    + Nagel   International       AG  RegS         Barclays     Bank
       7,120                                                 8,870
          Kuehne    + Nagel   International       AG  RegS
       8,070                             Citibank                   10,054
          Kuehne    + Nagel   International       AG  RegS         Credit    Suisse
       1,740                                                 2,800
          Kuehne    + Nagel   International       AG  RegS         Goldam    Sachs
      24,090                                                127,553
          Kuehne    + Nagel   International       AG  RegS
       5,860                             HSBC                    9,116
          Kuehne    + Nagel   International       AG  RegS         JP  Morgan
       1,060                                                 1,706
          LafargeHolcim       Ltd  RegS                Bank   of  America    Merrill    Lynch
      14,070                                                 65,880
          LafargeHolcim       Ltd  RegS                Barclays     Bank
      14,310                                                 45,610
          LafargeHolcim       Ltd  RegS                Credit    Suisse
      17,270                                                 5,738
          LafargeHolcim       Ltd  RegS                Goldam    Sachs
      12,330                                                 57,733
          Logitech     International       SA  RegS            Barclays     Bank
      (3,550)                                                 (9,877)
          Logitech     International       SA  RegS
      (3,250)                              Citibank                   (9,043)
          Lonza   Group   AG  RegS                  Bank   of  America    Merrill    Lynch
      (7,602)                                                (239,141)
          Lonza   Group   AG  RegS                  Barclays     Bank
       (540)                                                1,906
          Lonza   Group   AG  RegS
      (1,439)                              Citibank                    5,080
          Lonza   Group   AG  RegS                  Goldam    Sachs
       (383)                                               (12,048)
          Nestle    SA  RegS                    Credit    Suisse
       3,388                                                (5,417)
          Novartis     AG  RegS                   Bank   of  America    Merrill    Lynch
       9,670                                                24,797
          Novartis     AG  RegS                   Barclays     Bank
      16,930                                                 25,486
          Novartis     AG  RegS                   Credit    Suisse
       1,380                                                 1,347
          Novartis     AG  RegS                   Goldam    Sachs
      11,200                                                 28,721
          Novartis     AG  RegS
       4,649                             HSBC                    4,537
          Novartis     AG  RegS                   JP  Morgan
       8,784                                                 8,572
          OC  Oerlikon     Corp   AG  RegS               Bank   of  America    Merrill    Lynch
      (93,094)                                                (110,665)
          OC  Oerlikon     Corp   AG  RegS               Barclays     Bank
     (417,906)                                                 (208,259)
          OC  Oerlikon     Corp   AG  RegS
      (31,990)                              Citibank                   (15,942)
          OC  Oerlikon     Corp   AG  RegS               Credit    Suisse
     (107,090)                                                 (100,619)
          OC  Oerlikon     Corp   AG  RegS               Goldam    Sachs
     (226,001)                                                 (268,658)
          OC  Oerlikon     Corp   AG  RegS
      (74,938)                              HSBC                   (70,410)
          Pargesa    Holding    SA                 Bank   of  America    Merrill    Lynch
        89                                                725
          Pargesa    Holding    SA
      21,396                              HSBC                   82,190
                                140/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          スイス（続き）
          Partners     Group   Holding    AG              Barclays     Bank
        330                                                8,154
          Partners     Group   Holding    AG
        350                            Citibank                    8,648
          Partners     Group   Holding    AG              Credit    Suisse
        200                                               14,204
          Partners     Group   Holding    AG              Goldam    Sachs
        610                                               41,165
          Partners     Group   Holding    AG              JP  Morgan
        590                                                3,798
          PSP  Swiss   Property     AG  RegS              Bank   of  America    Merrill    Lynch
      10,740                                                 71,362
          PSP  Swiss   Property     AG  RegS              Barclays     Bank
      17,650                                                 53,141
          PSP  Swiss   Property     AG  RegS
       1,220                             Citibank                    3,673
          PSP  Swiss   Property     AG  RegS              Credit    Suisse
       3,607                                                (3,488)
          PSP  Swiss   Property     AG  RegS              Goldam    Sachs
      56,316                                                374,193
          PSP  Swiss   Property     AG  RegS
      36,881                              HSBC                  (153,160)
          Roche   Holding    AG                  Bank   of  America    Merrill    Lynch
      10,599                                                (181,565)
          Roche   Holding    AG
       2,650                             Citibank                   (25,724)
          Roche   Holding    AG                  Credit    Suisse
      17,798                                                (68,369)
          Roche   Holding    AG                  Goldam    Sachs
       2,780                                                (47,623)
          Roche   Holding    AG
       3,961                             HSBC                   (15,216)
          Schindler     Holding    AG                Bank   of  America    Merrill    Lynch
      12,440                                                165,316
          SGS  SA  RegS                      Bank   of  America    Merrill    Lynch
        140                                               26,744
          SGS  SA  RegS                      Barclays     Bank
        450                                               28,032
          SGS  SA  RegS                      Goldam    Sachs
       1,310                                                250,249
          Sika   AG  RegS                     Bank   of  America    Merrill    Lynch
      (7,510)                                                (36,256)
          Sika   AG  RegS                     Barclays     Bank
      (6,820)                                                 72,222
          Sika   AG  RegS                     Credit    Suisse
       (780)                                                (1,812)
          Sika   AG  RegS                     Goldam    Sachs
      (1,810)                                                 (8,738)
          Sika   AG  RegS
      (2,890)                              HSBC                    (150)
          Sika   AG  RegS                     JP  Morgan
      (5,370)                                                  (279)
          Sonova    Holding    AG  RegS                Bank   of  America    Merrill    Lynch
      14,280                                                391,395
          Sonova    Holding    AG  RegS                Credit    Suisse
        750                                               18,999
          Sonova    Holding    AG  RegS                Goldam    Sachs
       3,860                                                105,797
          Sonova    Holding    AG  RegS                JP  Morgan
        750                                               21,043
          Straumann     Holding    AG  RegS               Barclays     Bank
        220                                                3,563
          Straumann     Holding    AG  RegS
       1,940                             Citibank                   31,420
          Straumann     Holding    AG  RegS               Goldam    Sachs
       1,320                                                146,362
          Straumann     Holding    AG  RegS
        250                            HSBC                   10,615
          Sulzer    AG  RegS                    Bank   of  America    Merrill    Lynch
      15,113                                                175,733
          Sulzer    AG  RegS                    Barclays     Bank
      29,999                                                241,375
          Sulzer    AG  RegS
       6,090                             Citibank                   49,001
          Sulzer    AG  RegS                    Credit    Suisse
      11,419                                                114,403
          Sulzer    AG  RegS                    Goldam    Sachs
      24,126                                                280,535
          Sulzer    AG  RegS
       4,710                             HSBC                   49,716
          Sulzer    AG  RegS                    JP  Morgan
       1,940                                                19,436
          Swiss   Life   Holding    AG  RegS              Barclays     Bank
       1,671                                                33,656
          Swiss   Life   Holding    AG  RegS              Goldam    Sachs
       1,470                                                43,343
          Swiss   Prime   Site   AG                 Barclays     Bank
       3,750                                                (1,557)
          Swiss   Prime   Site   AG
       2,040                             Citibank                    (847)
                                141/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          スイス（続き）
          Swiss   Prime   Site   AG                 Goldam    Sachs
       5,690                                                14,473
          Swiss   Prime   Site   AG
       4,180                             HSBC                   (20,614)
          Swiss   Re  AG                     Bank   of  America    Merrill    Lynch
      (1,671)                                                 (9,958)
          Swiss   Re  AG                     Barclays     Bank
      (26,380)                                                 (90,380)
          Swiss   Re  AG                     Goldam    Sachs
      (8,050)                                                (47,972)
          Swisscom     AG  RegS                   Goldam    Sachs
      (2,191)                                                (22,065)
          Temenos    AG  RegS                    Bank   of  America    Merrill    Lynch
      (15,800)                                                (335,455)
          Temenos    AG  RegS                    Credit    Suisse
      (16,390)                                                (261,199)
          UBS  Group   AG  RegS                   Bank   of  America    Merrill    Lynch
      (28,840)                                                 (41,320)
          UBS  Group   AG  RegS                   Barclays     Bank
     (387,030)                                                 (339,133)
          UBS  Group   AG  RegS                   Credit    Suisse
      (48,370)                                                 (42,477)
          UBS  Group   AG  RegS                   Goldam    Sachs
      (59,890)                                                 (85,806)
          Vifor   Pharma    AG                   Bank   of  America    Merrill    Lynch
      (1,919)                                                 (5,877)
          Vifor   Pharma    AG                   Barclays     Bank
      (4,030)                                                (14,644)
          Vifor   Pharma    AG                   Credit    Suisse
      (1,050)                                                 3,052
          Vifor   Pharma    AG                   Goldam    Sachs
       (969)                                                (2,968)
          Zurich    Insurance     Group   AG              Barclays     Bank
      (2,600)                                                (63,434)
          Zurich    Insurance     Group   AG
      (3,740)                              Citibank                   (91,248)
          Zurich    Insurance     Group   AG              Goldam    Sachs
      (12,540)                                                (432,234)
          Zurich    Insurance     Group   AG              JP  Morgan                 (25,463)
       (850)
                                                     (2,002,453)
          台湾
          Advantech     Co  Ltd
      (47,000)                              Citibank                   (30,765)
          ASE  Technology      Holding    Co  Ltd            Barclays     Bank
      452,000                                                  6,373
          ASE  Technology      Holding    Co  Ltd            Goldam    Sachs
      298,000                                                 (48,742)
          ASE  Technology      Holding    Co  Ltd
      331,000                              HSBC                   (68,083)
          ASE  Technology      Holding    Co  Ltd            JP  Morgan
      509,000                                                (103,797)
          Asia   Cement    Corp                   Barclays     Bank
     1,563,000                                                  (21,078)
          Asia   Cement    Corp
      322,000                              Citibank                   (4,342)
          Asia   Cement    Corp                   Goldam    Sachs
     3,014,000                                                  (60,820)
          Asia   Cement    Corp                   JP  Morgan
      401,000                                                 (8,723)
          Asustek    Computer     Inc                 Barclays     Bank
      211,000                                                 40,368
          Asustek    Computer     Inc                 Goldam    Sachs
      103,000                                                  8,680
          AU  Optronics     Corp                   Barclays     Bank
     (124,000)                                                   (44)
          AU  Optronics     Corp                   JP  Morgan
    (4,405,969)                                                  (22,873)
          Capital    Securities      Corp                Goldam    Sachs
      130,000                                                  (159)
          Capital    Securities      Corp
      266,000                              HSBC                     667
          Catcher    Technology      Co  Ltd
      (58,000)                              Citibank                   (24,617)
          Catcher    Technology      Co  Ltd              Goldam    Sachs
     (375,000)                                                 194,703
          Cathay    Financial     Holding    Co  Ltd
      (18,619)                              Citibank                    (466)
          Cathay    Financial     Holding    Co  Ltd
    (1,989,272)                                HSBC                   (38,544)
          Chailease     Holding    Co  Ltd               Barclays     Bank
     (142,000)                                                 (22,988)
          Chailease     Holding    Co  Ltd               Goldam    Sachs
    (1,119,000)                                                  (129,435)
          Cheng   Shin   Rubber    Industry     Co  Ltd
    (2,430,000)                                Citibank                   (16,939)
          Chicony    Electronics      Co  Ltd              Barclays     Bank
      466,000                                                 99,340
                                142/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          台湾（続き）
          Chicony    Electronics      Co  Ltd              Goldam    Sachs
      362,000                                                 60,554
          China   Development      Financial     Holding    Corp
     8,373,000                               Citibank                   41,507
          China   Life   Insurance     Co  Ltd
    (1,328,000)                                Citibank                   (40,923)
          China   Life   Insurance     Co  Ltd             Goldam    Sachs
    (1,258,000)                                                  (38,022)
          China   Steel   Corp                   Barclays     Bank
     1,639,000                                                   9,579
          China   Steel   Corp                   Goldam    Sachs
     2,080,000                                                  10,974
          Chunghwa     Telecom    Co  Ltd               Barclays     Bank
      998,000                                                 (21,234)
          Chunghwa     Telecom    Co  Ltd               Goldam    Sachs
      386,000                                                  6,261
          Chunghwa     Telecom    Co  Ltd               JP  Morgan
      91,000                                                  (24)
          Compal    Electronics      Inc                Barclays     Bank
      697,000                                                 15,716
          Compal    Electronics      Inc
      483,000                              HSBC                    3,145
          CTBC   Financial     Holding    Co  Ltd            Barclays     Bank
      294,000                                                  3,677
          CTBC   Financial     Holding    Co  Ltd
     1,437,000                               Citibank                   17,974
          CTBC   Financial     Holding    Co  Ltd
     2,986,000                               HSBC                    3,968
          CTBC   Financial     Holding    Co  Ltd            JP  Morgan
      585,000                                                  1,141
          Delta   Electronics      Inc
     (468,000)                               Citibank                    2,690
          Eclat   Textile    Co  Ltd                 Barclays     Bank
      (18,000)                                                 (8,472)
          Eclat   Textile    Co  Ltd
      (67,275)                              Citibank                   (31,664)
          Eclat   Textile    Co  Ltd                 Goldam    Sachs
     (168,000)                                                 (213,952)
          Eclat   Textile    Co  Ltd
      (14,000)                              HSBC                   (15,844)
          Eclat   Textile    Co  Ltd                 JP  Morgan
      (86,000)                                                 (98,065)
          Epistar    Corp
    (1,602,157)                                Citibank                   37,130
          Epistar    Corp                     Goldam    Sachs
     (226,000)                                                   (999)
          Epistar    Corp                     JP  Morgan
     (765,942)                                                  96,501
          Far  EasTone    Telecommunications          Co  Ltd        Barclays     Bank
      374,000                                                 (7,244)
          Far  EasTone    Telecommunications          Co  Ltd
      193,000                              Citibank                   (3,738)
          Far  EasTone    Telecommunications          Co  Ltd        Goldam    Sachs
      847,000                                                 (39,726)
          Far  EasTone    Telecommunications          Co  Ltd
      217,000                              HSBC                   (19,315)
          Far  EasTone    Telecommunications          Co  Ltd        JP  Morgan
      96,000                                                 (8,343)
          Feng   TAY  Enterprise      Co  Ltd
     (245,000)                               Citibank                   34,527
          Feng   TAY  Enterprise      Co  Ltd              Goldam    Sachs
     (355,000)                                                 (304,765)
          Feng   TAY  Enterprise      Co  Ltd
     (165,100)                               HSBC                   (91,230)
          Feng   TAY  Enterprise      Co  Ltd              JP  Morgan
      (55,354)                                                 (30,871)
          First   Financial     Holding    Co  Ltd            Barclays     Bank
     1,757,000                                                  51,059
          First   Financial     Holding    Co  Ltd
     1,842,170                               Citibank                   53,534
          First   Financial     Holding    Co  Ltd            Goldam    Sachs
     1,872,000                                                  59,097
          First   Financial     Holding    Co  Ltd
     2,870,430                               HSBC                   93,599
          First   Financial     Holding    Co  Ltd            JP  Morgan
     1,243,310                                                  41,391
          Formosa    Petrochemical       Corp              Bank   of  America    Merrill    Lynch
     (102,000)                                                  (3,041)
          Formosa    Petrochemical       Corp              Barclays     Bank
     (686,000)                                                  55,121
          Formosa    Petrochemical       Corp
     (482,000)                               Citibank                   38,729
          Formosa    Petrochemical       Corp              Goldam    Sachs
     (823,000)                                                 (24,539)
          Formosa    Petrochemical       Corp
     (243,000)                               HSBC                    8,829
          Formosa    Petrochemical       Corp              JP  Morgan
      (34,000)                                                  1,141
          Foxconn    Technology      Co  Ltd              Barclays     Bank
      117,000                                                   908
                                143/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          台湾（続き）
          Foxconn    Technology      Co  Ltd              Goldam    Sachs
      176,000                                                 (6,780)
          Foxconn    Technology      Co  Ltd
     1,094,000                               HSBC                   (95,188)
          Fubon   Financial     Holding    Co  Ltd
     (705,000)                               Citibank                   (15,212)
          Giant   Manufacturing       Co  Ltd
      (29,000)                              Citibank                    1,251
          Giant   Manufacturing       Co  Ltd              Goldam    Sachs
     (232,000)                                                 (270,965)
          Giant   Manufacturing       Co  Ltd
     (217,000)                               HSBC                  (332,130)
          Giant   Manufacturing       Co  Ltd              JP  Morgan
     (641,791)                                                 (986,080)
          Hon  Hai  Precision     Industry     Co  Ltd          Goldam    Sachs
     (200,000)                                                  11,065
          Hotai   Motor   Co  Ltd                  Bank   of  America    Merrill    Lynch
      (29,000)                                                 (23,775)
          Hotai   Motor   Co  Ltd
     (119,000)                               Citibank                   (92,583)
          Hotai   Motor   Co  Ltd
     (179,000)                               HSBC                   (90,142)
          Hotai   Motor   Co  Ltd                  JP  Morgan
     (163,510)                                                 (84,999)
          Hua  Nan  Financial     Holdings     Co  Ltd          Bank   of  America    Merrill    Lynch
     3,791,375                                                  45,586
          Hua  Nan  Financial     Holdings     Co  Ltd          Goldam    Sachs
      590,520                                                  7,100
          Hua  Nan  Financial     Holdings     Co  Ltd          JP  Morgan
     2,241,055                                                  23,292
          Inventec     Corp                     Barclays     Bank
    (1,332,000)                                                  (29,739)
          Inventec     Corp                     Goldam    Sachs
    (4,069,000)                                                  (93,432)
          Inventec     Corp
     (372,000)                               HSBC                   (10,155)
          Inventec     Corp                     JP  Morgan
      (92,000)                                                 (2,579)
          Largan    Precision     Co  Ltd               Barclays     Bank
      (3,000)                                                  979
          Largan    Precision     Co  Ltd
      (14,000)                              Citibank                    4,570
          Largan    Precision     Co  Ltd               Goldam    Sachs
      (27,000)                                                 223,952
          Largan    Precision     Co  Ltd
      (3,000)                              HSBC                   41,314
          Lite-On    Technology      Corp                Barclays     Bank
      648,000                                                 27,874
          Lite-On    Technology      Corp                Goldam    Sachs
      378,000                                                 22,460
          MediaTek     Inc                     Goldam    Sachs
      192,000                                                 320,211
          MediaTek     Inc
      23,000                              HSBC                   37,698
          Mega   Financial     Holding    Co  Ltd            Goldam    Sachs
    (2,422,000)                                                  (28,904)
          Mega   Financial     Holding    Co  Ltd
     (333,000)                               HSBC                   (6,469)
          Nan  Ya  Plastics     Corp                 Goldam    Sachs
     (698,000)                                                  2,178
          Nanya   Technology      Corp                 Barclays     Bank
      (51,000)                                                  (553)
          Nanya   Technology      Corp                 Goldam    Sachs
    (1,047,000)                                                   20,278
          Nanya   Technology      Corp                 JP  Morgan
     (332,000)                                                  47,487
          Pegatron     Corp                     Barclays     Bank
      618,000                                                 76,653
          Pegatron     Corp                     Goldam    Sachs
     1,045,000                                                  55,922
          Pegatron     Corp
      45,000                              HSBC                   (3,250)
          Pou  Chen   Corp
     2,656,000                               Citibank                   178,301
          Pou  Chen   Corp                     JP  Morgan
     1,350,000                                                  75,172
          President     Chain   Store   Corp              Barclays     Bank
      46,000                                                 (6,702)
          President     Chain   Store   Corp
      31,000                              HSBC                   (11,559)
          Quanta    Computer     Inc
    (1,011,000)                                Citibank                   (40,881)
          Quanta    Computer     Inc                 JP  Morgan
     (526,687)                                                 (84,206)
          Realtek    Semiconductor       Corp              Barclays     Bank
      462,000                                                 179,903
          Realtek    Semiconductor       Corp              Goldam    Sachs
      258,000                                                 101,825
          Shanghai     Commercial      & Savings    Bank   Ltd        Barclays     Bank
     (513,000)                                                  (3,362)
                                144/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          台湾（続き）
          Shanghai     Commercial      & Savings    Bank   Ltd
     (390,000)                               Citibank                   (2,556)
          Shanghai     Commercial      & Savings    Bank   Ltd        Goldam    Sachs
    (2,236,000)                                                  (26,219)
          Shanghai     Commercial      & Savings    Bank   Ltd
     (887,000)                               HSBC                   30,794
          Shanghai     Commercial      & Savings    Bank   Ltd        JP  Morgan
     (635,000)                                                  21,177
          Shin   Kong   Financial     Holding    Co  Ltd          Bank   of  America    Merrill    Lynch
    (9,462,136)                                                  (44,683)
          Shin   Kong   Financial     Holding    Co  Ltd          Barclays     Bank
    (2,103,133)                                                  (16,103)
          Shin   Kong   Financial     Holding    Co  Ltd
    (7,027,888)                                Citibank                   (53,809)
          Shin   Kong   Financial     Holding    Co  Ltd          Goldam    Sachs
    (3,927,223)                                                  (19,712)
          Shin   Kong   Financial     Holding    Co  Ltd          JP  Morgan
     (355,483)                                                  (5,528)
          Shin   Kong   Financial     Holding    Co  Ltd  (Pref)        Bank   of  America    Merrill    Lynch
       (415)                                                  3
          SinoPac    Financial     Holdings     Co  Ltd          Barclays     Bank
     1,298,000                                                  10,183
          SinoPac    Financial     Holdings     Co  Ltd
     2,143,700                               Citibank                   16,818
          SinoPac    Financial     Holdings     Co  Ltd          Goldam    Sachs
     4,133,000                                                  13,135
          SinoPac    Financial     Holdings     Co  Ltd          JP  Morgan
     2,986,740                                                  19,564
          Synnex    Technology      International       Corp         Barclays     Bank
     1,423,000                                                  (16,867)
          Synnex    Technology      International       Corp         Goldam    Sachs
      704,000                                                 42,237
          Synnex    Technology      International       Corp         JP  Morgan
      40,000                                                 6,486
          Taishin    Financial     Holding    Co  Ltd           Barclays     Bank
     3,420,000                                                  55,174
          Taishin    Financial     Holding    Co  Ltd           Goldam    Sachs
     8,580,812                                                  169,231
          Taishin    Financial     Holding    Co  Ltd
      438,249                              HSBC                    8,485
          Taiwan    Cement    Corp                  Barclays     Bank
     (262,000)                                                  1,338
          Taiwan    Cement    Corp
     (193,000)                               HSBC                    4,429
          Taiwan    Cooperative      Financial     Holding    Co  Ltd     Barclays     Bank
      161,000                                                  2,011
          Taiwan    Cooperative      Financial     Holding    Co  Ltd
       6,000                             Citibank                     75
          Taiwan    Cooperative      Financial     Holding    Co  Ltd     Goldam    Sachs
     2,555,120                                                  30,342
          Taiwan    Cooperative      Financial     Holding    Co  Ltd     JP  Morgan
     6,657,077                                                  101,624
          Taiwan    Fertilizer      Co  Ltd               Barclays     Bank
      464,000                                                  (945)
          Taiwan    Fertilizer      Co  Ltd
      366,000                              Citibank                    (745)
          Taiwan    Fertilizer      Co  Ltd               Goldam    Sachs
      160,000                                                 (1,488)
          Taiwan    Fertilizer      Co  Ltd
      331,000                              HSBC                   (3,103)
          Taiwan    Fertilizer      Co  Ltd               JP  Morgan
      240,000                                                  13,051
          Taiwan    Semiconductor       Manufacturing       Co  Ltd      Barclays     Bank
      21,000                                                  (255)
          Taiwan    Semiconductor       Manufacturing       Co  Ltd      Goldam    Sachs
      630,000                                                (155,187)
          Teco   Electric     and  Machinery     Co  Ltd          Barclays     Bank
      423,000                                                   208
          Teco   Electric     and  Machinery     Co  Ltd          Goldam    Sachs
      257,000                                                  9,619
          Unimicron     Technology      Corp
     (204,000)                               Citibank                   (6,122)
          Unimicron     Technology      Corp               Goldam    Sachs
     (842,000)                                                 112,331
          Unimicron     Technology      Corp               JP  Morgan
     (273,000)                                                  43,702
          Uni-President       Enterprises      Corp            Barclays     Bank
      971,000                                                 26,198
          Uni-President       Enterprises      Corp
      910,000                              Citibank                   24,552
          Uni-President       Enterprises      Corp            Goldam    Sachs
      762,000                                                 85,686
          Uni-President       Enterprises      Corp
      145,000                              HSBC                    7,272
          United    Microelectronics         Corp             Barclays     Bank
     1,277,000                                                  14,083
          United    Microelectronics         Corp
     2,481,000                               Citibank                   27,360
          United    Microelectronics         Corp             Goldam    Sachs
     8,742,000                                                  (6,452)
                                145/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          台湾（続き）
          Vanguard     International       Semiconductor       Corp
    (1,018,000)                                Citibank                  (132,674)
          Vanguard     International       Semiconductor       Corp
     (863,000)                               HSBC                   (77,853)
          Vanguard     International       Semiconductor       Corp       JP  Morgan
     (208,506)                                                 (19,270)
          Walsin    Lihwa   Corp
    (1,619,000)                                Citibank                   (74,648)
          Walsin    Lihwa   Corp                   Goldam    Sachs
    (1,432,000)                                                  (66,375)
          Walsin    Lihwa   Corp
      (55,000)                              HSBC                   (2,161)
          Walsin    Lihwa   Corp                   JP  Morgan
      (52,884)                                                 (2,099)
          Wan  Hai  Lines   Ltd                  Barclays     Bank
      522,000                                                  5,738
          Wan  Hai  Lines   Ltd
      113,000                              Citibank                    1,242
          Wan  Hai  Lines   Ltd                  JP  Morgan
      473,000                                                 (8,307)
          Wistron    Corp                     Barclays     Bank
     2,971,000                                                  16,277
          Wistron    Corp                     Goldam    Sachs
     1,530,000                                                  18,772
          Yageo   Corp                      Barclays     Bank
      (70,000)                                                  3,414
          Yageo   Corp                      JP  Morgan
      (26,000)                                                 30,190
          Yuanta    Financial     Holding    Co  Ltd
     2,505,000                               Citibank                    6,659
          Yuanta    Financial     Holding    Co  Ltd
     2,362,000                               HSBC                   (18,972)
          Yulon   Motor   Co  Ltd
     (605,000)                               Citibank                    5,543
          Yulon   Motor   Co  Ltd                  JP  Morgan                  (1,592)
      (14,161)
                                                     (1,098,839)
          英国
          3i  Group   Plc                     Barclays     Bank
      133,440                                                  6,922
          3i  Group   Plc                     JP  Morgan
      26,540                                                 23,227
          Admiral    Group   Plc                  Barclays     Bank
      (25,620)                                                 (13,290)
          Admiral    Group   Plc                  Goldam    Sachs
      (10,210)                                                 (5,170)
          Anglo   American     Plc                  Barclays     Bank
      21,760                                                 33,217
          Anglo   American     Plc                  Credit    Suisse
      15,800                                                 51,868
          Anglo   American     Plc                  Deutsche     Bank
      160,780                                                 515,094
          Anglo   American     Plc                  Goldam    Sachs
      57,000                                                182,612
          Anglo   American     Plc
      13,180                              HSBC                   43,267
          Anglo   American     Plc                  JP  Morgan
       6,630                                                21,765
          Antofagasta      Plc                   Bank   of  America    Merrill    Lynch
      (80,870)                                                 (76,906)
          Antofagasta      Plc                   Barclays     Bank
      (58,700)                                                 (44,803)
          Antofagasta      Plc                   Credit    Suisse
      (11,500)                                                 (11,594)
          Antofagasta      Plc                   Deutsche     Bank
      (37,520)                                                 (35,681)
          Antofagasta      Plc                   Goldam    Sachs
     (200,690)                                                 (190,854)
          Ashmore    Group   Plc                  Bank   of  America    Merrill    Lynch
      (1,154)                                                  (981)
          Ashmore    Group   Plc                  Barclays     Bank
     (414,346)                                                 (205,719)
          Ashmore    Group   Plc                  Goldam    Sachs
     (123,165)                                                 (104,655)
          Ashtead    Group   Plc                  Barclays     Bank
      (6,520)                                                (10,629)
          Ashtead    Group   Plc                  Credit    Suisse
      (5,750)                                                (16,520)
          Ashtead    Group   Plc                  Deutsche     Bank
      (60,271)                                                (177,162)
          Ashtead    Group   Plc                  Goldam    Sachs
      (31,100)                                                 (91,416)
          Associated      British    Foods   Plc             Bank   of  America    Merrill    Lynch
      (37,600)                                                (100,074)
          Associated      British    Foods   Plc             Barclays     Bank
      (11,010)                                                 (21,757)
          Associated      British    Foods   Plc
      (20,330)                              HSBC                   (36,754)
                                146/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          英国（続き）
          AstraZeneca      Plc                   Bank   of  America    Merrill    Lynch
      (1,200)                                                 (2,386)
          AstraZeneca      Plc                   Goldam    Sachs
      (3,940)                                                 (7,834)
          AstraZeneca      Plc
      (1,220)                              HSBC                   (1,883)
          Auto   Trader    Group   Plc                Bank   of  America    Merrill    Lynch
      337,162                                                 244,850
          Auto   Trader    Group   Plc                Goldam    Sachs
      126,580                                                 91,924
          Avast   Plc                      Bank   of  America    Merrill    Lynch
      (41,950)                                                 (19,667)
          Avast   Plc                      Barclays     Bank
     (253,484)                                                  8,265
          Avast   Plc                      Deutsche     Bank
     (394,350)                                                 (184,881)
          Avast   Plc                      Goldam    Sachs
     (161,780)                                                 (75,846)
          AVEVA   Group   Plc                   Bank   of  America    Merrill    Lynch
       7,247                                                25,688
          AVEVA   Group   Plc                   Deutsche     Bank
       2,690                                                 9,535
          AVEVA   Group   Plc                   Goldam    Sachs
      12,550                                                 44,485
          AVEVA   Group   Plc
      10,718                              HSBC                   13,191
          AVEVA   Group   Plc                   JP  Morgan
       4,000                                                 4,545
          Aviva   Plc                      Bank   of  America    Merrill    Lynch
      268,100                                                 69,866
          Aviva   Plc                      Barclays     Bank
     1,203,513                                                  211,069
          Aviva   Plc                      Deutsche     Bank
      329,670                                                 85,911
          Aviva   Plc                      Goldam    Sachs
      306,020                                                 79,747
          Aviva   Plc
      102,250                              HSBC                   17,228
          B&M  European     Value   Retail    SA            Barclays     Bank
     (111,120)                                                 (44,740)
          B&M  European     Value   Retail    SA            Credit    Suisse
      (12,540)                                                 (7,992)
          B&M  European     Value   Retail    SA            Goldam    Sachs
      (88,740)                                                 (58,964)
          Babcock    International       Group   Plc           Bank   of  America    Merrill    Lynch
     (141,489)                                                 (38,095)
          Babcock    International       Group   Plc           Barclays     Bank
      (43,440)                                                  1,770
          Babcock    International       Group   Plc           Credit    Suisse
     (247,527)                                                  25,364
          Babcock    International       Group   Plc           Deutsche     Bank
      (51,710)                                                 (13,922)
          Babcock    International       Group   Plc           Goldam    Sachs
     (388,947)                                                 (104,720)
          BAE  Systems    Plc                   Bank   of  America    Merrill    Lynch
      135,060                                                 10,509
          BAE  Systems    Plc                   Barclays     Bank
      547,816                                                 61,569
          BAE  Systems    Plc                   Credit    Suisse
      135,880                                                  (336)
          BAE  Systems    Plc                   Deutsche     Bank
      79,900                                                 6,217
          BAE  Systems    Plc                   Goldam    Sachs
      47,260                                                 3,677
          BAE  Systems    Plc                   JP  Morgan
      35,400                                                  (87)
          Barratt    Developments       Plc               Bank   of  America    Merrill    Lynch
      (16,200)                                                 (4,942)
          Barratt    Developments       Plc               Barclays     Bank
     (250,440)                                                 (24,126)
          Barratt    Developments       Plc               Deutsche     Bank
     (206,885)                                                 (63,112)
          Barratt    Developments       Plc               Goldam    Sachs
     (100,500)                                                 (30,658)
          Barratt    Developments       Plc
      (26,040)                              HSBC                   (4,492)
          Barrick    Gold   Corp
      (85,926)                              HSBC                   202,323
          Bellway    Plc                     Bank   of  America    Merrill    Lynch
      (54,370)                                                (106,096)
          Bellway    Plc                     Barclays     Bank
      (64,808)                                                (102,453)
          Bellway    Plc                     Credit    Suisse
      (14,180)                                                   －
          Bellway    Plc                     Goldam    Sachs
      (12,150)                                                 (23,709)
          Berkeley     Group   Holdings     Plc             Bank   of  America    Merrill    Lynch
       2,570                                                 4,729
          Berkeley     Group   Holdings     Plc             Barclays     Bank
       8,075                                                19,647
                                147/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          英国（続き）
          Berkeley     Group   Holdings     Plc             Deutsche     Bank
      46,040                                                 84,724
          Berkeley     Group   Holdings     Plc
       4,900                             HSBC                     507
          BHP  Group   Plc                    Bank   of  America    Merrill    Lynch
      114,461                                                 241,451
          BHP  Group   Plc                    Barclays     Bank
      72,030                                                 30,247
          BHP  Group   Plc                    Deutsche     Bank
      53,717                                                113,314
          BP  Plc                        Deutsche     Bank
      635,390                                                 58,071
          British    American     Tobacco    Plc             Bank   of  America    Merrill    Lynch
      (7,150)                                                (13,687)
          British    American     Tobacco    Plc             Deutsche     Bank
     (171,873)                                                 (329,021)
          British    American     Tobacco    Plc             Goldam    Sachs
      (22,170)                                                 (42,441)
          BT  Group   Plc                     Bank   of  America    Merrill    Lynch
     (254,870)                                                 (31,950)
          BT  Group   Plc                     Deutsche     Bank
     (521,468)                                                 (65,370)
          Bunzl   Plc                      Bank   of  America    Merrill    Lynch
      165,317                                                 396,099
          Bunzl   Plc                      Goldam    Sachs
      85,880                                                205,768
          Burberry     Group   Plc                  Bank   of  America    Merrill    Lynch
      36,756                                                 91,472
          Burberry     Group   Plc                  Barclays     Bank
       5,620                                                 6,976
          Burberry     Group   Plc                  Goldam    Sachs
      94,851                                                236,049
          Carnival     Plc                     Barclays     Bank
      51,821                                                 45,697
          Carnival     Plc                     Deutsche     Bank
      108,071                                                 223,167
          Centrica     Plc                     Bank   of  America    Merrill    Lynch
      396,350                                                  1,517
          Centrica     Plc                     Barclays     Bank
      601,460                                                  7,874
          Centrica     Plc                     Credit    Suisse
      180,200                                                   (89)
          Centrica     Plc                     Goldam    Sachs
      361,500                                                  1,384
          Centrica     Plc
      144,720                              HSBC                     (72)
          Coca-Cola     HBC  AG                  Bank   of  America    Merrill    Lynch
      41,795                                                126,982
          Coca-Cola     HBC  AG                  Barclays     Bank
      87,740                                                200,472
          Coca-Cola     HBC  AG
       9,810                             Citibank                   22,414
          Coca-Cola     HBC  AG                  Goldam    Sachs
      155,046                                                 471,064
          Compass    Group   Plc                  Bank   of  America    Merrill    Lynch
      40,850                                                 56,732
          Compass    Group   Plc                  Barclays     Bank
      184,150                                                 120,422
          Compass    Group   Plc                  Credit    Suisse
      18,229                                                (15,208)
          Compass    Group   Plc                  Deutsche     Bank
      102,530                                                 142,392
          Compass    Group   Plc                  Goldam    Sachs
      112,850                                                 156,725
          Compass    Group   Plc
      26,630                              HSBC                   (2,188)
          Compass    Group   Plc                  JP  Morgan
      10,530                                                 (8,785)
          ConvaTec     Group   Plc                  Bank   of  America    Merrill    Lynch
      44,580                                                 1,652
          ConvaTec     Group   Plc
      78,190                              Citibank                   (4,442)
          ConvaTec     Group   Plc                  Deutsche     Bank
      104,170                                                  3,860
          Croda   International       Plc               Barclays     Bank
      (3,870)                                                 (3,122)
          Croda   International       Plc               Deutsche     Bank
      (3,540)                                                (11,207)
          Croda   International       Plc               Goldam    Sachs
      (13,630)                                                 (43,148)
          DCC  Plc                       Bank   of  America    Merrill    Lynch
      (7,859)                                                (102,886)
          DCC  Plc                       Barclays     Bank
      (7,570)                                                 (5,610)
          DCC  Plc                       Goldam    Sachs
      (68,182)                                                (892,607)
          Direct    Line   Insurance     Group   Plc           Bank   of  America    Merrill    Lynch
      44,040                                                  870
          DS  Smith   Plc                     Bank   of  America    Merrill    Lynch
     (811,993)                                                 (478,360)
                                148/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          英国（続き）
          DS  Smith   Plc                     Barclays     Bank
     (522,314)                                                 (107,084)
          DS  Smith   Plc                     Credit    Suisse
      (5,003)                                                 (1,668)
          easyJet    Plc                     Deutsche     Bank
     (309,468)                                                 (735,904)
          easyJet    Plc                     Goldam    Sachs
      (75,240)                                                (178,918)
          Evraz   Plc                      Bank   of  America    Merrill    Lynch
      65,580                                                 29,401
          Evraz   Plc                      Credit    Suisse
      168,070                                                 67,669
          Evraz   Plc                      Deutsche     Bank
      137,570                                                 61,676
          Experian     Plc                     Bank   of  America    Merrill    Lynch
      14,570                                                 78,097
          Experian     Plc                     Deutsche     Bank
      19,710                                                105,648
          Ferguson     Plc                     Bank   of  America    Merrill    Lynch
      (11,380)                                                (105,412)
          Ferguson     Plc                     Barclays     Bank
      (2,260)                                                 (5,806)
          Ferguson     Plc                     Credit    Suisse
      (4,330)                                                (17,846)
          Ferguson     Plc                     Deutsche     Bank
      (11,170)                                                (103,466)
          Ferguson     Plc                     JP  Morgan
      (1,640)                                                (14,369)
          Fresnillo     Plc                    Barclays     Bank
      (66,460)                                                  4,432
          Fresnillo     Plc                    Deutsche     Bank
     (287,933)                                                 (181,362)
          Fresnillo     Plc                    Goldam    Sachs
     (138,770)                                                 (87,408)
          Fresnillo     Plc                    JP  Morgan
      (4,085)                                                 (5,146)
          G4S  Plc                       Deutsche     Bank
     (118,690)                                                  (2,170)
          GlaxoSmithKline        Plc                 Bank   of  America    Merrill    Lynch
      37,940                                                 8,153
          GlaxoSmithKline        Plc                 Barclays     Bank
      75,800                                                 1,872
          GlaxoSmithKline        Plc                 Credit    Suisse
       8,266                                                (1,286)
          GlaxoSmithKline        Plc                 Goldam    Sachs
      144,740                                                 31,104
          Glencore     Plc                     Bank   of  America    Merrill    Lynch
      (63,651)                                                 (6,792)
          Glencore     Plc                     Deutsche     Bank
    (1,252,470)                                                  (133,649)
          Glencore     Plc                     Goldam    Sachs
     (464,210)                                                 (49,535)
          GVC  Holdings     Plc                   Credit    Suisse
      (35,530)                                                 (10,684)
          GVC  Holdings     Plc                   Deutsche     Bank
      (14,890)                                                 (11,328)
          GVC  Holdings     Plc                   JP  Morgan
      (27,700)                                                 (10,126)
          Halma   Plc                      Barclays     Bank
      94,432                                                138,321
          Hargreaves      Lansdown     Plc               Bank   of  America    Merrill    Lynch
      (61,380)                                                (166,397)
          Hargreaves      Lansdown     Plc               Barclays     Bank
      (8,850)                                                (13,936)
          Hargreaves      Lansdown     Plc               Deutsche     Bank
      (41,778)                                                (113,257)
          Hargreaves      Lansdown     Plc
     (172,941)                               HSBC                  (571,355)
          Hikma   Pharmaceuticals        Plc              Barclays     Bank
      (27,690)                                                 (24,965)
          Hikma   Pharmaceuticals        Plc              Goldam    Sachs
      (30,685)                                                 (68,216)
          Hikma   Pharmaceuticals        Plc              JP  Morgan
      (3,700)                                                 (4,373)
          Hiscox    Ltd                      Barclays     Bank
      (89,037)                                                 (27,931)
          HomeServe     Plc                    Goldam    Sachs
      (12,990)                                                 (28,772)
          Howden    Joinery    Group   Plc               Barclays     Bank
      235,890                                                 180,628
          Howden    Joinery    Group   Plc
      92,750                              Citibank                   71,022
          Howden    Joinery    Group   Plc               Deutsche     Bank
      280,868                                                 246,289
          Howden    Joinery    Group   Plc               Goldam    Sachs
      200,990                                                 176,245
          Howden    Joinery    Group   Plc               JP  Morgan
      16,820                                                 13,586
          HSBC   Holdings     Plc                  Deutsche     Bank
     (648,909)                                                 212,380
                                149/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          英国（続き）
          IMI  Plc                       Bank   of  America    Merrill    Lynch
      119,707                                                 118,275
          IMI  Plc                       Barclays     Bank
      487,301                                                 204,626
          IMI  Plc                       Credit    Suisse
      47,846                                                 32,205
          IMI  Plc                       Deutsche     Bank
      158,328                                                 156,434
          IMI  Plc                       Goldam    Sachs
      26,604                                                 26,286
          Imperial     Brands    Plc                 Bank   of  America    Merrill    Lynch
      (11,150)                                                 22,584
          Imperial     Brands    Plc                 Barclays     Bank
      (17,310)                                                 10,155
          Inchcape     Plc                     Barclays     Bank
      830,359                                                 424,571
          Inchcape     Plc                     Deutsche     Bank
      436,474                                                 162,798
          Inchcape     Plc                     Goldam    Sachs
      46,477                                                 17,335
          Informa    Plc                     Deutsche     Bank
      228,800                                                 138,464
          Informa    Plc                     Goldam    Sachs
      159,940                                                 96,792
          Informa    Plc
      52,030                              HSBC                   20,627
          InterContinental         Hotels    Group   Plc          Barclays     Bank
      (4,930)                                                (13,456)
          InterContinental         Hotels    Group   Plc          Goldam    Sachs
      (3,150)                                                (24,548)
          Intermediate       Capital    Group   Plc            Bank   of  America    Merrill    Lynch
      87,530                                                219,451
          Intermediate       Capital    Group   Plc            Barclays     Bank
      65,140                                                111,827
          Intermediate       Capital    Group   Plc            Deutsche     Bank
      86,166                                                216,031
          Intermediate       Capital    Group   Plc            Goldam    Sachs
      33,000                                                 82,736
          Intermediate       Capital    Group   Plc
      20,420                              HSBC                   37,577
          Intermediate       Capital    Group   Plc            JP  Morgan
      24,580                                                 45,233
          Intertek     Group   Plc                  Deutsche     Bank
       5,350                                                76,383
          Investec     Plc                     Bank   of  America    Merrill    Lynch
      80,530                                                 (4,476)
          Investec     Plc                     Barclays     Bank
      187,472                                                  3,473
          Investec     Plc
      35,930                              Citibank                     666
          Investec     Plc                     Credit    Suisse
      33,770                                                 (2,065)
          Investec     Plc                     Deutsche     Bank
      341,000                                                 (18,952)
          Investec     Plc                     Goldam    Sachs
      228,889                                                 (12,721)
          Investec     Plc
      275,313                              HSBC                   (16,831)
          J Sainsbury     Plc                   Bank   of  America    Merrill    Lynch
    (1,103,480)                                                  (81,090)
          J Sainsbury     Plc                   Barclays     Bank
     (325,866)                                                 (40,447)
          J Sainsbury     Plc                   Credit    Suisse
      (80,550)                                                  1,523
          J Sainsbury     Plc                   Deutsche     Bank
     (110,870)                                                  (8,147)
          J Sainsbury     Plc                   Goldam    Sachs
     (700,240)                                                 (51,457)
          JD  Sports    Fashion    Plc                Bank   of  America    Merrill    Lynch
      15,040                                                 23,572
          JD  Sports    Fashion    Plc                Barclays     Bank
      71,710                                                 72,712
          JD  Sports    Fashion    Plc                Deutsche     Bank
      25,580                                                 40,091
          JD  Sports    Fashion    Plc
      72,370                              HSBC                   96,263
          John   Wood   Group   Plc                 Bank   of  America    Merrill    Lynch
      107,130                                                 29,108
          John   Wood   Group   Plc                 Deutsche     Bank
      77,480                                                 21,052
          Johnson    Matthey    Plc                 Bank   of  America    Merrill    Lynch
      (23,260)                                                 (61,907)
          Johnson    Matthey    Plc                 Barclays     Bank
      (48,940)                                                 (64,070)
          Johnson    Matthey    Plc                 Credit    Suisse
      (19,040)                                                 (40,211)
          Johnson    Matthey    Plc                 Goldam    Sachs
      (31,370)                                                 (83,492)
          Just   Eat  Takeaway.com       NV              Barclays     Bank
      (45,273)                                                 12,301
                                150/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          英国（続き）
          KAZ  Minerals     Plc                   Bank   of  America    Merrill    Lynch
     (108,698)                                                 (88,335)
          KAZ  Minerals     Plc                   Barclays     Bank
     (134,076)                                                 (51,167)
          KAZ  Minerals     Plc                   Credit    Suisse
      (86,232)                                                 (71,782)
          KAZ  Minerals     Plc                   Deutsche     Bank
     (266,602)                                                 (216,658)
          KAZ  Minerals     Plc                   Goldam    Sachs
     (319,293)                                                 (259,478)
          KAZ  Minerals     Plc
     (145,840)                               HSBC                  (121,401)
          Kingfisher      Plc                    Bank   of  America    Merrill    Lynch
      (5,390)                                                 (1,621)
          Kingfisher      Plc                    Barclays     Bank
     (149,060)                                                 (36,911)
          Kingfisher      Plc                    Deutsche     Bank
      (80,380)                                                 (24,173)
          Kingfisher      Plc                    Goldam    Sachs
      (97,000)                                                 (29,171)
          Legal   & General    Group   Plc              Barclays     Bank
     (106,560)                                                 (14,674)
          Legal   & General    Group   Plc              Deutsche     Bank
     (786,870)                                                 (155,006)
          Legal   & General    Group   Plc              Goldam    Sachs
     (559,970)                                                 (110,309)
          Legal   & General    Group   Plc
     (155,340)                               HSBC                   (12,065)
          London    Stock   Exchange     Group   Plc           Barclays     Bank
      (6,060)                                                 24,998
          M&G  Plc                       Barclays     Bank
     (905,250)                                                 (181,680)
          Marks   & Spencer    Group   Plc              Bank   of  America    Merrill    Lynch
     (535,270)                                                 (82,900)
          Marks   & Spencer    Group   Plc              Barclays     Bank
     (203,230)                                                  (7,580)
          Marks   & Spencer    Group   Plc              Credit    Suisse
     (327,835)                                                 (40,570)
          Marks   & Spencer    Group   Plc              Deutsche     Bank
    (2,099,565)                                                  (325,171)
          Meggitt    Plc                     Bank   of  America    Merrill    Lynch
      414,460                                                 126,434
          Meggitt    Plc                     Barclays     Bank
      655,097                                                 143,207
          Meggitt    Plc                     Deutsche     Bank
      219,890                                                 67,079
          Meggitt    Plc                     Goldam    Sachs
      99,960                                                 30,494
          Melrose    Industries      Plc                Barclays     Bank
     (710,420)                                                 (201,303)
          Melrose    Industries      Plc                Deutsche     Bank
    (1,554,020)                                                  (542,450)
          Melrose    Industries      Plc                Goldam    Sachs
     (413,170)                                                 (144,222)
          Micro   Focus   International       Plc            Credit    Suisse
      57,460                                                (37,443)
          Micro   Focus   International       Plc            Deutsche     Bank
      87,440                                                 (1,944)
          Mondi   Plc                      Bank   of  America    Merrill    Lynch
      (21,010)                                                 (55,789)
          Mondi   Plc                      Deutsche     Bank
      (12,940)                                                 (34,360)
          Mondi   Plc                      Goldam    Sachs
      (27,370)                                                 (72,677)
          National     Express    Group   Plcπ              Bank   of  America    Merrill    Lynch
         7                                                －
          National     Express    Group   Plc              Credit    Suisse
        37                                                 (3)
          National     Express    Group   Plcπ              JP  Morgan
         2                                                －
          National     Grid   Plc                  Bank   of  America    Merrill    Lynch
      (36,134)                                                 (4,731)
          National     Grid   Plc                  Barclays     Bank
      (87,778)                                                 (50,736)
          National     Grid   Plc                  Credit    Suisse
      (31,679)                                                  (704)
          National     Grid   Plc                  Deutsche     Bank
     (119,209)                                                 (15,606)
          National     Grid   Plc                  Goldam    Sachs
     (217,036)                                                 (28,413)
          Next   Plc                       Barclays     Bank
       7,530                                                34,968
          Ocado   Group   Plc                   Bank   of  America    Merrill    Lynch
     (155,976)                                                 (467,147)
          Ocado   Group   Plc                   Barclays     Bank
      (87,582)                                                (123,312)
          Ocado   Group   Plc                   Goldam    Sachs
      (5,880)                                                (17,611)
          Pearson    Plc                     Bank   of  America    Merrill    Lynch
      30,980                                                 13,659
                                151/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          英国（続き）
          Pearson    Plc                     Barclays     Bank
      71,733                                                 4,784
          Pearson    Plc                     Deutsche     Bank
      173,410                                                 76,459
          Pearson    Plc                     Goldam    Sachs
      37,840                                                 16,684
          Pearson    Plc
      122,780                              HSBC                    7,477
          Pennon    Group   Plc                   Bank   of  America    Merrill    Lynch
      (33,740)                                                 (11,459)
          Pennon    Group   Plc                   Barclays     Bank
      (5,370)                                                 (1,923)
          Pennon    Group   Plc                   Goldam    Sachs
      (35,350)                                                 (12,006)
          Persimmon     Plc                    Bank   of  America    Merrill    Lynch
      (13,110)                                                 (33,193)
          Persimmon     Plc                    Barclays     Bank
      (48,881)                                                 (84,519)
          Persimmon     Plc                    Deutsche     Bank
     (189,628)                                                 (480,110)
          Phoenix    Group   Holdings     Plc              Bank   of  America    Merrill    Lynch
      (15,850)                                                 (10,297)
          Prudential      Plc                    Barclays     Bank
      (23,810)                                                 (11,322)
          Prudential      Plc                    Credit    Suisse
      (58,915)                                                 29,891
          Prudential      Plc                    Deutsche     Bank
     (321,940)                                                    －
          Prudential      Plc                    Goldam    Sachs
     (175,930)                                                    －
          Prudential      Plc                    JP  Morgan
     (180,870)                                                 159,719
          Quilter    Plc                     Bank   of  America    Merrill    Lynch
     (826,416)                                                 (118,907)
          Quilter    Plc                     Barclays     Bank
      (12,213)                                                  (965)
          Reckitt    Benckiser     Group   Plc             Bank   of  America    Merrill    Lynch
      (65,954)                                                 (73,311)
          Reckitt    Benckiser     Group   Plc             Deutsche     Bank
      (3,090)                                                 (3,435)
          Reckitt    Benckiser     Group   Plc
      (19,597)                              HSBC                   (67,285)
          RELX   Plc                       Bank   of  America    Merrill    Lynch
      11,808                                                 17,500
          RELX   Plc                       Barclays     Bank
      36,660                                                 9,282
          RELX   Plc                       Deutsche     Bank
      47,450                                                 70,324
          RELX   Plc                       Goldam    Sachs
       9,210                                                13,650
          Renishaw     Plc                     Barclays     Bank
     (100,248)                                                 118,859
          Rentokil     Initial    Plc                 Barclays     Bank
      25,851                                                 1,852
          Rentokil     Initial    Plc                 Deutsche     Bank
      48,340                                                 20,120
          Rentokil     Initial    Plc                 Goldam    Sachs
      163,662                                                 68,118
          Rightmove     Plc
      132,297                              Citibank                   90,520
          Rightmove     Plc                    Deutsche     Bank
      350,860                                                 365,730
          Rightmove     Plc                    Goldam    Sachs
       5,955                                                 6,207
          Rightmove     Plc
      102,409                              HSBC                   80,947
          Rightmove     Plc                    JP  Morgan
      107,264                                                 84,785
          Rio  Tinto   Plc                    Barclays     Bank
      53,550                                                 31,084
          Rolls-Royce      Holdings     Plc               Bank   of  America    Merrill    Lynch
      35,030                                                 14,191
          Rolls-Royce      Holdings     Plc               Barclays     Bank
      69,540                                                 1,632
          Rolls-Royce      Holdings     Plc               Deutsche     Bank
     1,817,165                                                  736,127
          Rolls-Royce      Holdings     Plc               Goldam    Sachs
      346,210                                                 140,248
          Royal   Bank   of  Scotland     Group   Plc           Bank   of  America    Merrill    Lynch
     (698,310)                                                 (60,803)
          Royal   Bank   of  Scotland     Group   Plc           Barclays     Bank
     (101,050)                                                  (9,111)
          Royal   Bank   of  Scotland     Group   Plc           Goldam    Sachs
     (292,360)                                                 (25,456)
          Royal   Bank   of  Scotland     Group   Plc
     (644,294)                               HSBC                   (7,957)
          Royal   Dutch   Shell   Plc  ’A’              Bank   of  America    Merrill    Lynch
      136,391                                                 60,642
          Royal   Dutch   Shell   Plc  ’A’              Deutsche     Bank
      163,420                                                 72,659
                                152/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          英国（続き）
          RSA  Insurance     Group   Plc               Bank   of  America    Merrill    Lynch
      609,224                                                 272,377
          RSA  Insurance     Group   Plc               Barclays     Bank
      96,920                                                 26,813
          RSA  Insurance     Group   Plc
      33,680                              Citibank                    9,318
          RSA  Insurance     Group   Plc               Deutsche     Bank
      507,520                                                 226,906
          RSA  Insurance     Group   Plc               Goldam    Sachs
      406,110                                                 181,567
          RSA  Insurance     Group   Plc
      72,440                              HSBC                   13,241
          Sage   Group   Plc                    Bank   of  America    Merrill    Lynch
      300,440                                                 190,724
          Sage   Group   Plc                    Barclays     Bank
      393,650                                                 52,507
          Sage   Group   Plc                    Credit    Suisse
      38,166                                                 22,626
          Sage   Group   Plc                    Deutsche     Bank
      85,510                                                 54,283
          Sage   Group   Plc                    Goldam    Sachs
      124,680                                                 79,149
          Schroders     Plc                    Bank   of  America    Merrill    Lynch
      (10,370)                                                 (31,891)
          Schroders     Plc                    Barclays     Bank
      (28,590)                                                 (52,259)
          Schroders     Plc                    Deutsche     Bank
      (24,810)                                                 (76,298)
          Schroders     Plc                    Goldam    Sachs
      (50,327)                                                (154,769)
          Schroders     Plc
      (25,310)                              HSBC                   (60,955)
          Severn    Trent   Plc                   Bank   of  America    Merrill    Lynch
      11,340                                                 5,882
          Severn    Trent   Plc                   Barclays     Bank
       5,610                                                 4,642
          Severn    Trent   Plc
       4,210                             Citibank                    3,484
          Severn    Trent   Plc                   Deutsche     Bank
      12,230                                                 6,344
          Signature     Aviation     Plc                Bank   of  America    Merrill    Lynch
        (68)                                                 (36)
          Signature     Aviation     Plc
        (2)                            HSBC                     (1)
          Signature     Aviation     Plc                JP  Morgan
       (224)                                                 (133)
          Smith   & Nephew    Plc                  Bank   of  America    Merrill    Lynch
      172,191                                                 306,237
          Smith   & Nephew    Plc                  Barclays     Bank
      11,360                                                 1,263
          Smith   & Nephew    Plc
      19,757                              Citibank                    2,196
          Smith   & Nephew    Plc                  Credit    Suisse
       7,050                                                12,452
          Smith   & Nephew    Plc                  Deutsche     Bank
      29,460                                                 52,394
          Smith   & Nephew    Plc                  Goldam    Sachs
      131,420                                                 233,727
          Smiths    Group   Plc                   Bank   of  America    Merrill    Lynch
     (150,993)                                                 (185,551)
          Smiths    Group   Plc                   Barclays     Bank
      (37,801)                                                 (21,709)
          Smiths    Group   Plc
     (172,537)                               HSBC                  (107,611)
          Spirax-Sarco       Engineering      Plc             Barclays     Bank
      (49,772)                                                (109,418)
          SSE  Plc                       Bank   of  America    Merrill    Lynch
      (16,360)                                                 (4,445)
          SSE  Plc                       Barclays     Bank
      (42,285)                                                 (32,379)
          SSE  Plc                       Credit    Suisse
       (811)                                                 (40)
          SSE  Plc                       Deutsche     Bank
      (33,900)                                                 (9,211)
          SSE  Plc                       Goldam    Sachs
      (43,240)                                                 (11,749)
          St  James’s     Place   Plc                Barclays     Bank
     (230,542)                                                 (275,619)
          Standard     Chartered     Plc                Deutsche     Bank
      391,518                                                 (57,542)
          Standard     Life   Aberdeen     Plc              Deutsche     Bank
     (653,200)                                                 (392,880)
          Tate   & Lyle   Plc                   Bank   of  America    Merrill    Lynch
      694,509                                                 372,265
          Tate   & Lyle   Plc                   Barclays     Bank
      599,137                                                 331,504
          Tate   & Lyle   Plc
      117,201                              Citibank                   64,848
          Tate   & Lyle   Plc                   Deutsche     Bank
      52,590                                                 28,189
                                153/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          英国（続き）
          Tate   & Lyle   Plc                   Goldam    Sachs
      321,715                                                 172,443
          Taylor    Wimpey    Plc                  Bank   of  America    Merrill    Lynch
      (51,680)                                                 (3,159)
          Taylor    Wimpey    Plc                  Barclays     Bank
     (139,208)                                                  (7,651)
          Taylor    Wimpey    Plc                  Deutsche     Bank
    (1,785,560)                                                  (109,160)
          Taylor    Wimpey    Plc
     (577,955)                               HSBC                   37,832
          Tesco   Plc                      Bank   of  America    Merrill    Lynch
     (674,810)                                                  78,434
          Tesco   Plc                      Barclays     Bank
    (1,109,800)                                                  (45,081)
          Tesco   Plc                      Credit    Suisse
      (58,090)                                                  5,389
          Tesco   Plc                      Deutsche     Bank
     (632,293)                                                  73,492
          Tesco   Plc                      Goldam    Sachs
     (151,060)                                                  17,558
          Tesco   Plc
     (165,840)                               HSBC                   24,293
          Travis    Perkins    Plc                  Bank   of  America    Merrill    Lynch
      (13,791)                                                 (10,134)
          Travis    Perkins    Plc                  Barclays     Bank
       (943)                                                 (547)
          Travis    Perkins    Plc                  Credit    Suisse
      (10,554)                                                 (6,811)
          Travis    Perkins    Plc                  Deutsche     Bank
     (138,191)                                                 (101,550)
          Travis    Perkins    Plc                  Goldam    Sachs
      (21,684)                                                 (15,935)
          TUI  AG                       Bank   of  America    Merrill    Lynch
     (192,720)                                                 (366,549)
          TUI  AG                       Barclays     Bank
     (226,984)                                                 (318,462)
          TUI  AG                       Credit    Suisse
      (64,596)                                                (118,951)
          TUI  AG                       Deutsche     Bank
     (104,920)                                                 (199,555)
          TUI  AG                       Goldam    Sachs
     (115,660)                                                 (219,983)
          TUI  AG                       JP  Morgan
      (29,010)                                                 (53,421)
          Unilever     Plc                     Barclays     Bank
      58,340                                                163,560
          United    Utilities     Group   Plc              Bank   of  America    Merrill    Lynch
      (70,640)                                                 (23,730)
          Vodafone     Group   Plc                  Barclays     Bank
      270,120                                                 14,212
          Vodafone     Group   Plc                  Credit    Suisse
      321,380                                                 84,385
          Vodafone     Group   Plc                  Deutsche     Bank
      192,040                                                 31,497
          Vodafone     Group   Plc                  Goldam    Sachs
      676,656                                                 110,981
          Weir   Group   Plc                    Barclays     Bank
     (302,304)                                                  5,227
          Whitbread     Plc                    Bank   of  America    Merrill    Lynch
      (9,530)                                                 22,010
          Whitbread     Plc                    Barclays     Bank
      (84,854)                                                 123,663
          Whitbread     Plc                    Goldam    Sachs
      (9,340)                                                 21,571
          Whitbread     Plc
      (69,709)                              HSBC                   281,932
          Whitbread     Plc  (Rights)                  Bank   of  America    Merrill    Lynch
      (4,765)                                                (57,661)
          Whitbread     Plc  (Rights)                  Barclays     Bank
      (42,427)                                                (513,410)
          Whitbread     Plc  (Rights)                  Goldam    Sachs
      (4,670)                                                (56,512)
          Whitbread     Plc  (Rights)
      (34,854)                              HSBC                  (421,769)
          Wm  Morrison     Supermarkets       Plc
      756,691                              HSBC                   (6,542)
          WPP  Plc                       Bank   of  America    Merrill    Lynch
      25,860                                                 16,800
          WPP  Plc                       Barclays     Bank
      94,570                                                 16,585
          WPP  Plc                       Credit    Suisse
      22,360                                                 14,108
          WPP  Plc                       Deutsche     Bank
      20,360                                                 13,227
          WPP  Plc                       Goldam    Sachs
                                                        9,985
      15,370
                                                      (560,252)
                                154/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          米国
          2U  Inc                        Barclays     Bank
     (125,695)                                                 280,300
          3M  Co                        Bank   of  America    Merrill    Lynch
      (9,017)                                                (144,272)
          3M  Co                        Barclays     Bank
      (17,350)                                                (143,138)
          3M  Co
      (15,840)                              Citibank                  (130,680)
          3M  Co                        Goldam    Sachs
      (5,260)                                                (84,160)
          Abbott    Laboratories                      Bank   of  America    Merrill    Lynch
      (7,300)                                                (20,805)
          Abbott    Laboratories                      Barclays     Bank
      (7,360)                                                 (9,347)
          Abbott    Laboratories                      Goldam    Sachs
       (890)                                                (2,537)
          AbbVie    Inc                      Bank   of  America    Merrill    Lynch
      30,964                                                 6,193
          AbbVie    Inc                      Barclays     Bank
        50                                                (60)
          ABIOMED    Inc                     Goldam    Sachs
        810                                               27,986
          Acadia    Healthcare      Co  Inc               Barclays     Bank
      (64,750)                                                 (57,628)
          Acadia    Healthcare      Co  Inc
      (5,400)                              Citibank                   (4,806)
          Acadia    Healthcare      Co  Inc               Goldam    Sachs
      (11,950)                                                 (44,096)
          Accenture     Plc  ’A’                  Bank   of  America    Merrill    Lynch
       (680)                                               (10,656)
          Accenture     Plc  ’A’                  Barclays     Bank
      (4,640)                                                (27,098)
          Accenture     Plc  ’A’                  Goldam    Sachs
      (3,080)                                                (48,264)
          Accenture     Plc  ’A’
      (2,930)                              HSBC                   (32,201)
          Accenture     Plc  ’A’                  JP  Morgan
      (3,820)                                                (41,982)
          Activision      Blizzard     Inc               Barclays     Bank
      13,710                                                 18,436
          Acuity    Brands    Inc                  Bank   of  America    Merrill    Lynch
      32,530                                                293,746
          Acuity    Brands    Inc                  Barclays     Bank
      25,040                                                 39,814
          Acuity    Brands    Inc
       1,780                             Citibank                    2,830
          Acuity    Brands    Inc                  Credit    Suisse
      10,513                                                 4,100
          Acuity    Brands    Inc                  Goldam    Sachs
       6,060                                                54,722
          Acuity    Brands    Inc                  JP  Morgan
       5,024                                                25,941
          Adobe   Inc                      Bank   of  America    Merrill    Lynch
      20,456                                                356,139
          Adobe   Inc
        320                            Citibank                    (816)
          Adobe   Inc                      Credit    Suisse
       2,390                                                36,328
          Adobe   Inc                      Goldam    Sachs
       2,640                                                45,962
          Adobe   Inc                      JP  Morgan
        10                                                152
          ADT  Inc
     (162,300)                               Citibank                   (79,527)
          ADT  Inc                       Credit    Suisse
     (139,935)                                                 (190,312)
          ADT  Inc
      (28,650)                              HSBC                   (38,964)
          ADT  Inc                       JP  Morgan
     (119,846)                                                 (162,991)
          Advance    Auto   Parts   Inc                Barclays     Bank
      15,700                                                 54,008
          Advance    Auto   Parts   Inc                Credit    Suisse
       3,570                                                42,827
          Advance    Auto   Parts   Inc                Goldam    Sachs
       2,020                                                21,937
          Advance    Auto   Parts   Inc                JP  Morgan
       1,290                                                15,570
          Advanced     Micro   Devices    Inc              Barclays     Bank
      36,790                                                 48,331
                                    Bank   of  America    Merrill    Lynch
      (6,470)    AECOM                                            (42,508)
                                    Barclays     Bank
      (19,880)     AECOM                                            (55,068)
                                    Credit    Suisse
      (11,650)     AECOM                                            (28,543)
                                    Goldam    Sachs
     (135,610)     AECOM                                            (890,958)
          AerCap    Holdings     NV                 Bank   of  America    Merrill    Lynch
       5,710                                                38,371
                                155/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          米国（続き）
          AerCap    Holdings     NV                 Barclays     Bank
      10,840                                                 34,688
          AerCap    Holdings     NV                 Credit    Suisse
      17,660                                                 27,903
          AerCap    Holdings     NV                 Goldam    Sachs
      42,960                                                288,691
          AerCap    Holdings     NV                 JP  Morgan
       6,798                                                10,741
          Affiliated      Managers     Group   Inc            Bank   of  America    Merrill    Lynch
      (17,960)                                                 (91,237)
          Affiliated      Managers     Group   Inc            Barclays     Bank
      (37,320)                                                (117,558)
          Affiliated      Managers     Group   Inc
      (2,130)                              HSBC                   (10,958)
          Aflac   Inc
      37,541                              Citibank                   43,923
          AGCO   Corp                       Bank   of  America    Merrill    Lynch
      21,203                                                215,422
          AGCO   Corp                       Barclays     Bank
       3,360                                                13,608
          AGCO   Corp
       8,593                             Citibank                   34,802
          AGCO   Corp                       Credit    Suisse
       3,793                                                18,055
          AGCO   Corp                       Goldam    Sachs
      56,790                                                576,986
          AGCO   Corp
      27,021                              HSBC                   128,620
          AGCO   Corp                       JP  Morgan
       8,550                                                40,698
          Agios   Pharmaceuticals        Inc              Bank   of  America    Merrill    Lynch
      (3,201)                                                (20,006)
          Agios   Pharmaceuticals        Inc              Goldam    Sachs
      (31,540)                                                (197,125)
          Agnico    Eagle   Mines   Ltd                Barclays     Bank
        560                                                (913)
          Agnico    Eagle   Mines   Ltd                Goldam    Sachs
      37,400                                                (183,634)
          Air  Lease   Corp                    Bank   of  America    Merrill    Lynch
      (8,580)                                                (61,647)
          Air  Lease   Corp                    Credit    Suisse
      (6,440)                                                (45,076)
          Air  Products     and  Chemicals     Inc            Bank   of  America    Merrill    Lynch
       (690)                                                (8,991)
          Air  Products     and  Chemicals     Inc            Barclays     Bank
       (670)                                                (4,502)
          Akamai    Technologies       Inc               Bank   of  America    Merrill    Lynch
      41,117                                                249,580
          Akamai    Technologies       Inc               Barclays     Bank
       2,500                                                 9,350
          Akamai    Technologies       Inc
       3,051                             Citibank                   11,411
          Akamai    Technologies       Inc               Credit    Suisse
       1,750                                                 5,268
          Akamai    Technologies       Inc               JP  Morgan
       4,090                                                21,407
          Alaska    Air  Group   Inc                 Bank   of  America    Merrill    Lynch
      65,270                                                522,160
          Alaska    Air  Group   Inc                 Barclays     Bank
      48,690                                                127,081
          Alaska    Air  Group   Inc
      23,680                              Citibank                   61,805
          Alaska    Air  Group   Inc                 Credit    Suisse
       6,770                                                43,000
          Alaska    Air  Group   Inc                 Goldam    Sachs
      16,896                                                135,168
          Alaska    Air  Group   Inc
      10,450                              HSBC                   37,934
          Alaska    Air  Group   Inc                 JP  Morgan
       9,590                                                34,812
          Albemarle     Corp
      (11,155)                              Citibank                   (98,722)
          Albemarle     Corp                    Goldam    Sachs
      (32,840)                                                (512,632)
          Alcoa   Corp                      Bank   of  America    Merrill    Lynch
      20,130                                                 50,526
          Alcoa   Corp                      Barclays     Bank
      82,530                                                 79,229
          Alexion    Pharmaceuticals        Inc             Barclays     Bank
      23,330                                                343,884
          Alexion    Pharmaceuticals        Inc             Goldam    Sachs
      28,401                                                406,134
          Align   Technology      Inc                 Bank   of  America    Merrill    Lynch
        690                                               31,457
          Align   Technology      Inc                 Barclays     Bank
        900                                                4,968
          Align   Technology      Inc                 Goldam    Sachs
      18,950                                                863,931
          Alkermes     Plc                     Barclays     Bank
      67,071                                                (20,121)
                                156/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          米国（続き）
          Alkermes     Plc                     Goldam    Sachs
      142,070                                                 183,270
          Alleghany     Corp                    Barclays     Bank
       4,510                                                80,188
          Alleghany     Corp
        360                            Citibank                    6,401
          Alleghany     Corp                    Credit    Suisse
        360                                                9,152
          Alleghany     Corp                    Goldam    Sachs
        410                                               24,690
          Alleghany     Corp
        250                            HSBC                   15,573
          Alleghany     Corp                    JP  Morgan
        280                                               17,500
          Allegion     Plc                     Bank   of  America    Merrill    Lynch
       1,650                                                 9,818
          Allegion     Plc                     Barclays     Bank
       4,260                                                19,596
          Allegion     Plc
       5,870                             Citibank                   27,002
          Allegion     Plc                     Goldam    Sachs
       2,900                                                17,255
          Allegion     Plc
       9,210                             HSBC                   (16,441)
          Allegion     Plc                     JP  Morgan
       2,800                                                (7,445)
          Alliance     Data   Systems    Corp              Goldam    Sachs
      10,690                                                 93,324
          Alliant    Energy    Corp                  Barclays     Bank
      93,270                                                220,117
          Alliant    Energy    Corp
       6,648                             Citibank                   15,689
          Alliant    Energy    Corp                  Credit    Suisse
      18,187                                                 13,640
          Alliant    Energy    Corp                  Goldam    Sachs
      50,059                                                139,665
          Alliant    Energy    Corp
       3,650                             HSBC                    2,738
          Allison    Transmission       Holdings     Inc          Bank   of  America    Merrill    Lynch
      113,543                                                 378,098
          Allison    Transmission       Holdings     Inc
      51,275                              Citibank                   72,298
          Allison    Transmission       Holdings     Inc          Credit    Suisse
      22,074                                                 (7,284)
          Allison    Transmission       Holdings     Inc          Goldam    Sachs
      47,160                                                157,043
          Allison    Transmission       Holdings     Inc
       8,549                             HSBC                   (2,821)
          Allison    Transmission       Holdings     Inc          JP  Morgan
      18,916                                                 (6,242)
          Allstate     Corp                     Bank   of  America    Merrill    Lynch
      53,112                                                 79,934
          Allstate     Corp                     Barclays     Bank
       1,150                                                 2,375
          Allstate     Corp                     Goldam    Sachs
       2,720                                                 4,094
          Allstate     Corp                     JP  Morgan
      15,346                                                (59,926)
          Ally   Financial     Inc                  Bank   of  America    Merrill    Lynch
      375,177                                                 913,556
          Ally   Financial     Inc                  Credit    Suisse
      42,128                                                 79,833
          Alnylam    Pharmaceuticals        Inc             Credit    Suisse
      (9,861)                                                 31,259
          Alphabet     Inc  ’A’                   Barclays     Bank
       1,330                                                21,759
          Alphabet     Inc  ’A’                   Goldam    Sachs
       1,510                                                85,375
          Alphabet     Inc  ’C’                   Barclays     Bank
        100                                                1,799
          Alphabet     Inc  ’C’                   Goldam    Sachs
       2,530                                                139,707
          Alteryx    Inc  ’A’                   Goldam    Sachs
      (17,300)                                                (193,587)
          Altice    USA  Inc  ’A’                  Bank   of  America    Merrill    Lynch
      (19,750)                                                 (43,450)
          Altice    USA  Inc  ’A’                  Credit    Suisse
      (20,310)                                                 (37,574)
          Altria    Group   Inc                   Goldam    Sachs
      (31,070)                                                 (51,576)
          Amazon.com      Inc                    Credit    Suisse
        280                                                8,828
          AMC  Networks     Inc  ’A’                 Barclays     Bank
      (4,180)                                                 4,891
          AMC  Networks     Inc  ’A’                 Goldam    Sachs
      (5,250)                                                 (2,153)
          Amdocs    Ltd                      Bank   of  America    Merrill    Lynch
      25,170                                                 41,027
          Amdocs    Ltd                      Goldam    Sachs
      10,236                                                 16,685
                                157/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          米国（続き）
          Amdocs    Ltd
      28,718                              HSBC                   (39,918)
                                    Bank   of  America    Merrill    Lynch
      (15,779)     AMERCO                                            (509,188)
                                    Goldam    Sachs
      (3,010)    AMERCO                                            (97,133)
          Ameren    Corp                      Bank   of  America    Merrill    Lynch
       8,492                                                43,139
          Ameren    Corp                      Barclays     Bank
      16,910                                                 67,978
          Ameren    Corp                      Credit    Suisse
       2,739                                                 8,162
          Ameren    Corp                      Goldam    Sachs
      13,950                                                 70,866
          Ameren    Corp
       7,540                             HSBC                   22,469
          Ameren    Corp                      JP  Morgan
       9,717                                                28,957
          American     Electric     Power   Co  Inc            Bank   of  America    Merrill    Lynch
      14,683                                                 94,118
          American     Electric     Power   Co  Inc            Barclays     Bank
       4,816                                                29,185
          American     Electric     Power   Co  Inc            Credit    Suisse
       5,986                                                29,810
          American     Electric     Power   Co  Inc            Goldam    Sachs
      12,730                                                 81,599
          American     Electric     Power   Co  Inc
       6,019                             HSBC                   29,975
          American     Express    Co                 Credit    Suisse
      21,966                                                147,392
          American     Financial     Group   Inc             Bank   of  America    Merrill    Lynch
       5,730                                                37,474
          American     Financial     Group   Inc             Barclays     Bank
       4,319                                                 5,053
          American     Financial     Group   Inc
       1,091                             Citibank                    1,276
          American     International       Group   Inc           Barclays     Bank
      (17,340)                                                 (26,704)
          American     International       Group   Inc           JP  Morgan
      (33,710)                                                 (93,714)
          American     National     Insurance     Co           Goldam    Sachs
       1,330                                                 7,887
          American     Water   Works   Co  Inc             Barclays     Bank
      16,040                                                 54,055
          American     Water   Works   Co  Inc             Credit    Suisse
       2,130                                                12,887
          American     Water   Works   Co  Inc             Goldam    Sachs
       8,775                                                55,458
          American     Water   Works   Co  Inc
       7,140                             HSBC                   50,204
          American     Water   Works   Co  Inc             JP  Morgan
      10,300                                                 62,315
          Ameriprise      Financial     Inc               Barclays     Bank
       4,940                                                38,878
          AmerisourceBergen         Corp                Barclays     Bank
      (19,050)                                                 (31,052)
          AmerisourceBergen         Corp
      (4,770)                              Citibank                   (7,775)
          AMETEK    Inc                      Barclays     Bank
      22,810                                                111,997
          Amgen   Inc                      Bank   of  America    Merrill    Lynch
       2,150                                                (34,314)
          Amgen   Inc                      Goldam    Sachs
       5,850                                                (93,366)
          Amgen   Inc
        510                            HSBC                   (8,676)
          Amgen   Inc                      JP  Morgan
       9,394                                                (99,389)
          Amneal    Pharmaceuticals        Inc              Bank   of  America    Merrill    Lynch
        (84)                                                 (52)
          Amphenol     Corp   ’A’                  Barclays     Bank
      (55,940)                                                (227,676)
          Amphenol     Corp   ’A’                  Goldam    Sachs
      (9,500)                                                (119,320)
          Analog    Devices    Inc                  Bank   of  America    Merrill    Lynch
      (33,570)                                                (330,664)
          Analog    Devices    Inc                  Barclays     Bank
      (10,120)                                                 (5,971)
          Analog    Devices    Inc                  Credit    Suisse
      (2,370)                                                 (7,371)
          Analog    Devices    Inc                  Goldam    Sachs
      (6,130)                                                (60,381)
          Anaplan    Inc                     Barclays     Bank
      36,440                                                (185,480)
          ANSYS   Inc                      Bank   of  America    Merrill    Lynch
       1,400                                                33,824
          ANSYS   Inc                      JP  Morgan
        560                                               16,497
          Antero    Midstream     Corp                 Bank   of  America    Merrill    Lynch
      (7,723)                                                 (8,341)
                                158/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          米国（続き）
          Antero    Midstream     Corp                 JP  Morgan
     (185,070)                                                 (94,386)
          Antero    Resources     Corp                 Bank   of  America    Merrill    Lynch
      (91,909)                                                 (65,255)
          Antero    Resources     Corp                 Barclays     Bank
    (1,022,110)                                                   10,221
          Antero    Resources     Corp
     (178,916)                               HSBC                  (128,059)
          Anthem    Inc                      Bank   of  America    Merrill    Lynch
      (1,260)                                                (12,386)
          Anthem    Inc                      Barclays     Bank
       (620)                                                (6,702)
          Anthem    Inc                      Goldam    Sachs
      (3,080)                                                (30,276)
          Anthem    Inc                      JP  Morgan
       (660)                                                (8,969)
          AO  Smith   Corp                     Barclays     Bank
      20,370                                                 95,332
          Aon  Plc  ’A’                     Barclays     Bank
      (16,350)                                                (105,294)
          Apache    Corp                      Bank   of  America    Merrill    Lynch
      (70,731)                                                 (44,561)
          Apartment     Investment      and  Management      Co  ’A’
                                    Bank   of  America    Merrill    Lynch
         1                                                 3
          (REIT)
          Apergy    Corp                      Bank   of  America    Merrill    Lynch
     (142,930)                                                 (57,172)
          Apergy    Corp
      (15,000)                              Citibank                   (3,000)
          Apergy    Corp                      Goldam    Sachs
      (24,610)                                                 (9,844)
          Apergy    Corp
      (10,930)                              HSBC                   10,930
          Apergy    Corp                      JP  Morgan
      (21,205)                                                 21,205
          Apple   Inc                      Bank   of  America    Merrill    Lynch
      (4,130)                                                (43,943)
          Apple   Inc                      Barclays     Bank
      (5,780)                                                 3,121
          Apple   Inc                      Credit    Suisse
      (1,000)                                                 (1,765)
          Applied    Materials     Inc                Bank   of  America    Merrill    Lynch
      31,441                                                120,105
          Applied    Materials     Inc                Barclays     Bank
      84,510                                                124,230
          Applied    Materials     Inc                Goldam    Sachs
       2,620                                                10,008
          Applied    Materials     Inc
       4,400                             HSBC                   10,730
          AptarGroup      Inc                    Bank   of  America    Merrill    Lynch
       1,670                                                15,164
          AptarGroup      Inc                    Credit    Suisse
       1,560                                                 4,758
          AptarGroup      Inc                    Goldam    Sachs
       8,710                                                79,087
          AptarGroup      Inc                    JP  Morgan
       3,330                                                10,157
          Aptiv   Plc                      Barclays     Bank
      (14,550)                                                 (23,426)
          Aptiv   Plc                      Goldam    Sachs
      (55,280)                                                (521,290)
          Aptiv   Plc
      (10,694)                              HSBC                   (57,213)
          Arch   Capital    Group   Ltd                Bank   of  America    Merrill    Lynch
      50,310                                                270,668
          Arch   Capital    Group   Ltd                Barclays     Bank
      26,510                                                 1,591
          Arch   Capital    Group   Ltd
       7,440                             Citibank                     446
          Arch   Capital    Group   Ltd                Credit    Suisse
      16,410                                                 56,058
          Arch   Capital    Group   Ltd                Goldam    Sachs
      50,230                                                270,237
          Arch   Capital    Group   Ltd
       8,960                             HSBC                   21,594
          Archer-Daniels-Midland            Co              Bank   of  America    Merrill    Lynch
      (60,430)                                                (270,726)
          Archer-Daniels-Midland            Co              Barclays     Bank
     (297,400)                                                 (957,628)
          Archer-Daniels-Midland            Co              Goldam    Sachs
      (84,940)                                                (380,531)
          Arconic    Corp                     Barclays     Bank
      (3,207)                                                 (2,181)
          Arista    Networks     Inc                 Bank   of  America    Merrill    Lynch
      (8,924)                                                (147,692)
          Arista    Networks     Inc                 Barclays     Bank
      (6,960)                                                (47,537)
          Arista    Networks     Inc                 JP  Morgan
       (228)                                                (2,050)
          Armstrong     World   Industries      Inc            Goldam    Sachs
      18,200                                                151,333
                                159/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          米国（続き）
          Armstrong     World   Industries      Inc            JP  Morgan
       2,320                                                17,311
          Arrow   Electronics      Inc                Barclays     Bank
      (3,470)                                                 (3,748)
          Arrow   Electronics      Inc                Credit    Suisse
      (3,320)                                                (23,612)
          Arrow   Electronics      Inc                Goldam    Sachs
      (2,450)                                                (14,529)
          Arthur    J Gallagher     & Co               Barclays     Bank
       4,070                                                11,722
          Arthur    J Gallagher     & Co               Credit    Suisse
       4,150                                                32,212
          Ashland    Global    Holdings     Inc             Bank   of  America    Merrill    Lynch
        650                                                5,096
          Ashland    Global    Holdings     Inc             Barclays     Bank
       2,630                                                 9,021
          Ashland    Global    Holdings     Inc             Goldam    Sachs
      39,180                                                307,171
          Aspen   Technology      Inc                 Barclays     Bank
        (80)                                                (808)
          Aspen   Technology      Inc                 Goldam    Sachs
      (2,400)                                                (27,144)
          Associated      Banc-Corp                    Barclays     Bank
      28,400                                                 28,684
          Associated      Banc-Corp                    Goldam    Sachs
      44,990                                                 85,931
          Assurant     Inc                     Bank   of  America    Merrill    Lynch
       3,690                                                43,505
          Assurant     Inc                     Barclays     Bank
       3,020                                                 4,621
          Assurant     Inc
        410                            Citibank                     627
          Assurant     Inc                     Goldam    Sachs
       4,150                                                48,929
          Assurant     Inc
       3,600                             HSBC                   14,760
          Assured    Guaranty     Ltd                 Bank   of  America    Merrill    Lynch
      61,482                                                113,127
          Assured    Guaranty     Ltd                 Barclays     Bank
      61,290                                                 12,258
          Assured    Guaranty     Ltd                 Credit    Suisse
      26,900                                                (59,180)
          Assured    Guaranty     Ltd                 Goldam    Sachs
      65,680                                                120,851
          AT&T   Inc                       Goldam    Sachs
      (22,760)                                                 (48,934)
          Athene    Holding    Ltd  ’A’                Barclays     Bank
      (16,770)                                                 (40,919)
          Athene    Holding    Ltd  ’A’                Credit    Suisse
      (12,470)                                                 (14,216)
          Athene    Holding    Ltd  ’A’                Goldam    Sachs
      (32,870)                                                (123,920)
          Athene    Holding    Ltd  ’A’                JP  Morgan
      (5,090)                                                (19,570)
          Atlassian     Corp   Plc  ’A’                Barclays     Bank
      (9,340)                                                 7,659
          Atlassian     Corp   Plc  ’A’                Credit    Suisse
      (2,100)                                                (11,739)
          Atlassian     Corp   Plc  ’A’                Goldam    Sachs
      (9,330)                                                 44,038
          Atmos   Energy    Corp                   Barclays     Bank
      12,670                                                 48,526
          Atmos   Energy    Corp                   Goldam    Sachs
       2,670                                                18,824
          Autodesk     Inc                     Barclays     Bank
      30,686                                                210,199
          Autodesk     Inc                     Credit    Suisse
        950                                               25,753
          Automatic     Data   Processing      Inc            Bank   of  America    Merrill    Lynch
      23,341                                                206,568
          Automatic     Data   Processing      Inc            Goldam    Sachs
      25,320                                                224,082
          AutoNation      Inc                    Bank   of  America    Merrill    Lynch
      53,940                                                255,136
          AutoNation      Inc                    Barclays     Bank
      40,764                                                 26,089
          AutoNation      Inc                    Credit    Suisse
       3,450                                                17,147
          AutoNation      Inc                    Goldam    Sachs
      38,410                                                181,679
          AutoZone     Inc                     Barclays     Bank
       1,890                                                42,941
          AutoZone     Inc                     Goldam    Sachs
       1,360                                                96,125
          Avalara    Inc                     Barclays     Bank
       5,130                                                (15,698)
          Avalara    Inc
       1,900                             Citibank                   (5,814)
          Avalara    Inc                     Goldam    Sachs
       1,160                                                 1,137
                                160/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          米国（続き）
          Avalara    Inc
       2,810                             HSBC                   21,131
          Avangrid     Inc                     Barclays     Bank
      (60,966)                                                (187,775)
          Avery   Dennison     Corp                  Bank   of  America    Merrill    Lynch
       6,590                                                63,396
          Avery   Dennison     Corp                  Barclays     Bank
       5,060                                                18,469
          Avery   Dennison     Corp
        280                            Citibank                    1,022
          Avery   Dennison     Corp                  Credit    Suisse
       1,870                                                 1,571
          Avery   Dennison     Corp                  Goldam    Sachs
       6,010                                                57,816
          Avery   Dennison     Corp
        10                            HSBC                      8
          Avery   Dennison     Corp                  JP  Morgan
       7,614                                                 6,396
          Avista    Corp                      Bank   of  America    Merrill    Lynch
        (6)                                                (14)
          Avnet   Inc                      Bank   of  America    Merrill    Lynch
        189                                                 327
          Avnet   Inc                      Goldam    Sachs
      16,530                                                 28,597
          Avnet   Inc
       8,337                             HSBC                   (14,590)
          Axalta    Coating    Systems    Ltd              Bank   of  America    Merrill    Lynch
      87,860                                                288,181
          Axalta    Coating    Systems    Ltd              Barclays     Bank
      145,386                                                 209,356
          Axalta    Coating    Systems    Ltd
      15,430                              Citibank                   22,219
          Axalta    Coating    Systems    Ltd              Goldam    Sachs
      158,570                                                 520,110
          Axalta    Coating    Systems    Ltd              JP  Morgan
      33,610                                                113,266
          Axis   Capital    Holdings     Ltd              Barclays     Bank
      17,620                                                 1,586
          Axis   Capital    Holdings     Ltd              Credit    Suisse
      19,270                                                (24,858)
          Axis   Capital    Holdings     Ltd              Goldam    Sachs
      30,540                                                115,747
          Axis   Capital    Holdings     Ltd              JP  Morgan
      31,361                                                (20,577)
          Baker   Hughes    Co                   Bank   of  America    Merrill    Lynch
      (74,498)                                                (184,010)
          Baker   Hughes    Co                   Goldam    Sachs
      (96,220)                                                (237,663)
          Ball   Corp                       Bank   of  America    Merrill    Lynch
      (21,133)                                                (170,543)
          Ball   Corp                       Barclays     Bank
      (42,630)                                                (246,828)
          Ball   Corp
      (8,740)                              Citibank                   (50,605)
          Ball   Corp                       Goldam    Sachs
      (12,440)                                                (100,391)
          Bank   of  America    Corp                 Barclays     Bank
      (13,210)                                                 (23,382)
          Bank   of  Hawaii    Corp                  Barclays     Bank
      (5,770)                                                (12,406)
          Bank   of  Hawaii    Corp                  Credit    Suisse
      (2,820)                                                (20,514)
          Bank   of  Hawaii    Corp
      (2,370)                              HSBC                   (16,297)
          Bank   of  New  York   Mellon    Corp             Goldam    Sachs
      42,850                                                215,536
          Bank   OZK                       Bank   of  America    Merrill    Lynch
      (6,354)                                                (17,346)
          Bank   OZK                       Goldam    Sachs
     (167,904)                                                 (458,378)
          Bank   OZK                       JP  Morgan
      (17,184)                                                 (8,076)
          BankUnited      Inc                    Bank   of  America    Merrill    Lynch
      107,911                                                 473,729
          BankUnited      Inc                    Barclays     Bank
      277,346                                                 693,365
          BankUnited      Inc                    Credit    Suisse
       8,410                                                 4,121
          BankUnited      Inc                    Goldam    Sachs
      179,938                                                 789,928
          BankUnited      Inc
      95,395                              HSBC                   46,744
          BankUnited      Inc                    JP  Morgan
      33,362                                                 16,347
          Barrick    Gold   Corp                   Bank   of  America    Merrill    Lynch
      (15,150)                                                 55,904
          Barrick    Gold   Corp                   Barclays     Bank
      (13,890)                                                 27,363
          Barrick    Gold   Corp                   Credit    Suisse
      (8,980)                                                 27,299
                                161/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          米国（続き）
          Barrick    Gold   Corp                   Goldam    Sachs
      (39,550)                                                 145,940
          Bausch    Health    Cos  Inc                Bank   of  America    Merrill    Lynch
      (62,950)                                                (164,300)
          Bausch    Health    Cos  Inc                Barclays     Bank
     (148,984)                                                 (87,901)
          Bausch    Health    Cos  Inc                Credit    Suisse
      (10,060)                                                 (15,492)
          Baxter    International       Inc               Barclays     Bank
      (6,310)                                                (16,848)
          Baxter    International       Inc               Goldam    Sachs
      (4,430)                                                (10,809)
          Baxter    International       Inc
      (2,540)                              HSBC                   (3,861)
          Becton    Dickinson     and  Co               Bank   of  America    Merrill    Lynch
      (9,616)                                                145,490
          Becton    Dickinson     and  Co
      (16,185)                              Citibank                   (62,636)
          Berkshire     Hathaway     Inc  ’B’              Goldam    Sachs
      (2,270)                                                (32,211)
          Berkshire     Hathaway     Inc  ’B’              JP  Morgan
       (710)                                                (4,693)
          Berry   Global    Group   Inc                Bank   of  America    Merrill    Lynch
      (7,050)                                                (30,809)
          Berry   Global    Group   Inc                Goldam    Sachs
      (17,090)                                                 (74,683)
          Best   Buy  Co  Inc                   Bank   of  America    Merrill    Lynch
      79,426                                                (186,651)
          Best   Buy  Co  Inc                   Barclays     Bank
      15,880                                                (10,481)
          Best   Buy  Co  Inc                   Credit    Suisse
       6,420                                                (15,215)
          Best   Buy  Co  Inc
       9,630                             HSBC                   (22,823)
          Best   Buy  Co  Inc                   JP  Morgan
       4,100                                                (9,717)
          BGC  Partners     Inc  ’A’                 Barclays     Bank
      632,623                                                 12,652
          BGC  Partners     Inc  ’A’                 Credit    Suisse
      144,421                                                 (40,438)
          BGC  Partners     Inc  ’A’                 Goldam    Sachs
      329,588                                                  9,888
          BGC  Partners     Inc  ’A’
      129,843                              HSBC                   18,022
          Biogen    Inc                      Bank   of  America    Merrill    Lynch
       2,844                                                (45,618)
          Biogen    Inc
      13,917                              Citibank                   (55,250)
          Biogen    Inc
      16,320                              HSBC                  (219,667)
          BioMarin     Pharmaceutical        Inc             Bank   of  America    Merrill    Lynch
      (1,400)                                                (16,842)
          BioMarin     Pharmaceutical        Inc             Barclays     Bank
      (1,890)                                                (15,611)
          BioMarin     Pharmaceutical        Inc             Goldam    Sachs
      (9,390)                                                (112,962)
          Bio-Rad    Laboratories       Inc  ’A’             Barclays     Bank
      10,040                                                 72,388
          Bio-Rad    Laboratories       Inc  ’A’             Goldam    Sachs
       3,400                                                43,996
          Bio-Techne      Corp                    Bank   of  America    Merrill    Lynch
      (12,074)                                                 86,088
          Black   Knight    Inc                   Barclays     Bank
      (26,300)                                                 (61,805)
          Black   Knight    Inc                   Goldam    Sachs
      (28,800)                                                 (95,040)
          BlackBerry      Ltd                    Bank   of  America    Merrill    Lynch
        (84)                                                 (16)
          Bluebird     Bio  Inc                   Barclays     Bank
      (32,982)                                                 187,997
          Bluebird     Bio  Inc                   Credit    Suisse
      (7,590)                                                (13,662)
          Bluebird     Bio  Inc                   Goldam    Sachs
      (1,410)                                                 (6,232)
          Boeing    Co                      Barclays     Bank
      (15,760)                                                (133,802)
          Boeing    Co                      Goldam    Sachs
      (6,161)                                                (160,309)
          Boeing    Co
      (5,450)                              HSBC                   (68,561)
          BOK  Financial     Corp                  Bank   of  America    Merrill    Lynch
      (16,132)                                                (154,545)
          BOK  Financial     Corp                  Credit    Suisse
       (105)                                                 (203)
          Booking    Holdings     Inc                 Barclays     Bank
        750                                                4,860
          Booking    Holdings     Inc                 Goldam    Sachs
        660                                               167,290
          Booz   Allen   Hamilton     Holding    Corp           Bank   of  America    Merrill    Lynch
      63,197                                                431,004
                                162/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          米国（続き）
          Booz   Allen   Hamilton     Holding    Corp           Barclays     Bank
       8,400                                                15,036
          Booz   Allen   Hamilton     Holding    Corp           Goldam    Sachs
      32,810                                                223,764
          Booz   Allen   Hamilton     Holding    Corp           JP  Morgan
      12,452                                                 57,528
          BorgWarner      Inc                    Bank   of  America    Merrill    Lynch
      (8,740)                                                (31,551)
          BorgWarner      Inc                    Barclays     Bank
      (7,730)                                                (11,904)
          BorgWarner      Inc                    Credit    Suisse
      (4,360)                                                (16,341)
          BorgWarner      Inc                    Goldam    Sachs
      (16,490)                                                 (59,529)
          BorgWarner      Inc                    JP  Morgan
      (4,800)                                                (22,924)
          Boston    Scientific      Corp                Bank   of  America    Merrill    Lynch
      (14,569)                                                 (38,316)
          Boston    Scientific      Corp                Barclays     Bank
      (29,300)                                                 (45,415)
          Boston    Scientific      Corp                Goldam    Sachs
      (6,350)                                                (16,701)
          Bright    Horizons     Family    Solutions     Inc         Bank   of  America    Merrill    Lynch
      23,680                                                323,706
          Bright    Horizons     Family    Solutions     Inc         Barclays     Bank
       2,150                                                14,534
          Bright    Horizons     Family    Solutions     Inc
       5,370                             Citibank                   36,301
          Bright    Horizons     Family    Solutions     Inc         Credit    Suisse
       3,120                                                 1,373
          Bright    Horizons     Family    Solutions     Inc         Goldam    Sachs
      13,420                                                183,451
          Bright    Horizons     Family    Solutions     Inc
       6,290                             HSBC                    2,768
          Bright    Horizons     Family    Solutions     Inc         JP  Morgan
       1,360                                                  598
          Brighthouse      Financial     Inc              Bank   of  America    Merrill    Lynch
      (19,830)                                                 (65,836)
          Brighthouse      Financial     Inc              Barclays     Bank
      (13,090)                                                 (15,054)
          Brighthouse      Financial     Inc              Goldam    Sachs
      (31,050)                                                (103,086)
          Brinker    International       Inc              Bank   of  America    Merrill    Lynch
        15                                                100
          Bristol-Myers       Squibb    Co               Barclays     Bank
       6,617                                                (3,772)
          Bristol-Myers       Squibb    Co  CVR  (Rights)           Bank   of  America    Merrill    Lynch
      44,302                                                 3,101
          Bristol-Myers       Squibb    Co  CVR  (Rights)           Barclays     Bank
      54,930                                                 5,493
          Bristol-Myers       Squibb    Co  CVR  (Rights)           Credit    Suisse
      25,852                                                (19,389)
          Bristol-Myers       Squibb    Co  CVR  (Rights)           Goldam    Sachs
       1,600                                                  112
          Bristol-Myers       Squibb    Co  CVR  (Rights)
      19,640                              HSBC                   (14,730)
          Bristol-Myers       Squibb    Co  CVR  (Rights)           JP  Morgan
       5,425                                                (4,069)
          Broadcom     Inc                     Bank   of  America    Merrill    Lynch
      (1,810)                                                (44,055)
          Broadcom     Inc                     Barclays     Bank
      (1,130)                                                 (9,153)
          Broadcom     Inc
       (740)                             Citibank                   (5,994)
          Broadcom     Inc                     Goldam    Sachs
      (9,600)                                                (233,664)
          Broadcom     Inc                     JP  Morgan
      (2,640)                                                (25,661)
          Broadridge      Financial     Solutions     Inc          Bank   of  America    Merrill    Lynch
      (16,230)                                                 (55,994)
          Broadridge      Financial     Solutions     Inc          Barclays     Bank
      (1,360)                                                 (2,978)
          Broadridge      Financial     Solutions     Inc          Goldam    Sachs
      (13,760)                                                 (47,472)
          Broadridge      Financial     Solutions     Inc
      (2,600)                              HSBC                     286
          Brookfield      Asset   Management      Inc  ’A’         Bank   of  America    Merrill    Lynch
      (53,625)                                                 (97,598)
          Brookfield      Asset   Management      Inc  ’A’         Barclays     Bank
      (76,005)                                                (111,727)
          Brookfield      Asset   Management      Inc  ’A’         Goldam    Sachs
      (15,935)                                                 (29,002)
          Brown   & Brown   Inc                  Barclays     Bank
      32,230                                                 55,113
          Brown   & Brown   Inc                  Credit    Suisse
       7,490                                                25,875
          Brown   & Brown   Inc                  Goldam    Sachs
      30,657                                                 95,956
          Brown-Forman       Corp   ’B’                Bank   of  America    Merrill    Lynch
      (11,237)                                                  5,281
                                163/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          米国（続き）
          Brown-Forman       Corp   ’B’                Barclays     Bank
      (44,129)                                                 (47,218)
          Brown-Forman       Corp   ’B’                Goldam    Sachs
      (10,880)                                                  5,114
          Bruker    Corp                      JP  Morgan
       9,920                                                46,591
          Brunswick     Corp                    Bank   of  America    Merrill    Lynch
       5,360                                                30,070
          Brunswick     Corp
      10,830                              HSBC                   66,605
          Brunswick     Corp                    JP  Morgan
      20,640                                                132,083
          Bunge   Ltd                      Bank   of  America    Merrill    Lynch
      (18,900)                                                 (74,277)
          Bunge   Ltd                      Barclays     Bank
      (27,583)                                                 (79,439)
          Bunge   Ltd                      Goldam    Sachs
      (91,580)                                                (359,909)
          Bunge   Ltd
      (7,480)                              HSBC                   (21,831)
          Burlington      Stores    Inc                Bank   of  America    Merrill    Lynch
       4,686                                                202,060
          Burlington      Stores    Inc                Barclays     Bank
      17,850                                                152,618
          Burlington      Stores    Inc
       3,210                             Citibank                   27,446
          Burlington      Stores    Inc                Credit    Suisse
       2,060                                                94,445
          Burlington      Stores    Inc                Goldam    Sachs
      13,230                                                570,478
          Burlington      Stores    Inc
       3,370                             HSBC                   107,267
          Burlington      Stores    Inc                JP  Morgan
        120                                                3,820
          BWX  Technologies       Inc                 Bank   of  America    Merrill    Lynch
      (1,518)                                                (11,172)
          BWX  Technologies       Inc                 Goldam    Sachs
      (18,950)                                                (139,472)
          Cable   One  Inc                    Barclays     Bank
       (828)                                               (47,858)
          Cable   One  Inc                    Goldam    Sachs
      (1,660)                                                 2,390
          Cabot   Corp                      Bank   of  America    Merrill    Lynch
      12,365                                                 86,926
          Cabot   Corp                      Barclays     Bank
       8,470                                                15,839
          Cabot   Corp
       8,690                             Citibank                   16,250
          Cabot   Corp                      Credit    Suisse
       3,900                                                29,585
          Cabot   Corp                      Goldam    Sachs
      21,100                                                148,333
          Cabot   Corp
      12,600                              HSBC                   59,066
          Cabot   Corp                      JP  Morgan
      14,120                                                 51,397
          Cabot   Oil  & Gas  Corp
       5,990                             Citibank                    3,953
          Cabot   Oil  & Gas  Corp
      24,490                              HSBC                   (23,266)
          CACI   International       Inc  ’A’              Barclays     Bank
      22,049                                                147,508
          Cadence    Design    Systems    Inc              Bank   of  America    Merrill    Lynch
      14,224                                                 98,288
          Cadence    Design    Systems    Inc
      52,916                              Citibank                   155,044
          Cadence    Design    Systems    Inc              Credit    Suisse
      29,753                                                193,990
          Caesars    Entertainment       Corp              Bank   of  America    Merrill    Lynch
     (158,879)                                                 (204,954)
          Caesars    Entertainment       Corp              JP  Morgan
      (90,909)                                                (147,273)
          Campbell     Soup   Co                  Goldam    Sachs
       2,860                                                (11,383)
          Campbell     Soup   Co
       2,190                             HSBC                   (6,789)
          Cantel    Medical    Corp                  Bank   of  America    Merrill    Lynch
      (2,558)                                                (20,643)
          Cantel    Medical    Corp                  Barclays     Bank
      (13,129)                                                 (82,713)
          Cantel    Medical    Corp                  Goldam    Sachs
      (74,760)                                                (603,313)
          Capital    One  Financial     Corp              Bank   of  America    Merrill    Lynch
      30,600                                                276,930
          Capital    One  Financial     Corp              Barclays     Bank
      11,805                                                 81,100
          Capital    One  Financial     Corp
      21,089                              Citibank                   144,881
          Capital    One  Financial     Corp
       4,080                             HSBC                   19,910
                                164/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          米国（続き）
          Capital    One  Financial     Corp              JP  Morgan
      12,639                                                 61,678
          Capri   Holdings     Ltd                  Barclays     Bank
      (53,530)                                                 (60,489)
          Capri   Holdings     Ltd                  Goldam    Sachs
     (104,360)                                                 (288,034)
          Cardinal     Health    Inc                 Bank   of  America    Merrill    Lynch
      (5,160)                                                (28,225)
          Cardinal     Health    Inc                 Barclays     Bank
      (6,690)                                                 (5,553)
          Cardinal     Health    Inc                 Goldam    Sachs
      (10,490)                                                 (57,380)
          Carlisle     Cos  Inc                   Goldam    Sachs
      10,585                                                157,399
          CarMax    Inc                      Bank   of  America    Merrill    Lynch
      (18,290)                                                (204,482)
          CarMax    Inc                      Barclays     Bank
      (4,600)                                                (24,978)
          CarMax    Inc                      Credit    Suisse
      (7,960)                                                (81,908)
          CarMax    Inc                      Goldam    Sachs
      (25,950)                                                (290,121)
          Carnival     Corp                     Barclays     Bank
      (86,760)                                                 (69,408)
          Carnival     Corp                     JP  Morgan
      (12,530)                                                 (31,317)
          Carter’s     Inc                    Bank   of  America    Merrill    Lynch
      16,406                                                166,357
          Carter’s     Inc                    Barclays     Bank
       3,780                                                15,196
          Carter’s     Inc                    Goldam    Sachs
      16,410                                                166,397
          Carvana    Co                     Bank   of  America    Merrill    Lynch
      (25,080)                                                 (9,280)
          Carvana    Co                     Barclays     Bank
      (16,760)                                                 57,319
          Carvana    Co                     Goldam    Sachs
      (9,270)                                                 (3,430)
          Carvana    Co
      (8,170)                              HSBC                    4,262
          Casey’s     General    Stores    Inc             Bank   of  America    Merrill    Lynch
       7,560                                                77,490
          Casey’s     General    Stores    Inc             Barclays     Bank
       1,820                                                 7,972
          Casey’s     General    Stores    Inc
        600                            Citibank                    2,628
          Casey’s     General    Stores    Inc             Credit    Suisse
       1,860                                                 7,459
          Casey’s     General    Stores    Inc
        880                            HSBC                    3,529
          Casey’s     General    Stores    Inc             JP  Morgan
        490                                                1,965
          Catalent     Inc                     Bank   of  America    Merrill    Lynch
      (96,993)                                                (516,003)
          Catalent     Inc                     Credit    Suisse
      (1,158)                                                 (7,932)
          Catalent     Inc                     Goldam    Sachs
      (8,442)                                                (44,911)
          Catalent     Inc                     JP  Morgan
      (37,959)                                                (260,019)
          Caterpillar      Inc                   Bank   of  America    Merrill    Lynch
        (83)                                                (874)
          Caterpillar      Inc                   Barclays     Bank
      (2,860)                                                (17,103)
          Caterpillar      Inc
      (16,380)                              Citibank                   (97,952)
          Caterpillar      Inc                   Goldam    Sachs
      (40,860)                                                (430,256)
          Cboe   Global    Markets    Inc               Bank   of  America    Merrill    Lynch
      18,400                                                 76,728
          Cboe   Global    Markets    Inc               Barclays     Bank
       1,820                                                 8,627
          Cboe   Global    Markets    Inc               Credit    Suisse
       4,020                                                15,557
          Cboe   Global    Markets    Inc               Goldam    Sachs
      23,710                                                 98,871
          CBRE   Group   Inc  ’A’                  Bank   of  America    Merrill    Lynch
      (14,850)                                                (111,227)
          CBRE   Group   Inc  ’A’                  Barclays     Bank
      (37,550)                                                (119,409)
          CBRE   Group   Inc  ’A’
      (10,430)                              HSBC                   (32,618)
          CDK  Global    Inc                    Barclays     Bank
      13,140                                                 1,971
          CDK  Global    Inc
      12,150                              Citibank                    1,823
          CDK  Global    Inc                    Credit    Suisse
       5,650                                                (9,266)
          CDK  Global    Inc                    Goldam    Sachs
       5,740                                                16,129
                                165/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          米国（続き）
          CDK  Global    Inc                    JP  Morgan
       3,730                                                (6,117)
          CDW  Corp                       Bank   of  America    Merrill    Lynch
       5,726                                                65,677
          CDW  Corp                       Barclays     Bank
       3,100                                                10,974
          CDW  Corp                       Goldam    Sachs
      26,160                                                300,055
          Celanese     Corp                     Barclays     Bank
      (1,280)                                                 (3,821)
          Celanese     Corp                     Goldam    Sachs
      (4,430)                                                (52,252)
          Centene    Corp                     Bank   of  America    Merrill    Lynch
      (5,447)                                                 13,454
          Centene    Corp                     Barclays     Bank
      (15,171)                                                 (21,088)
          Centene    Corp                     Credit    Suisse
      (2,540)                                                  (889)
          Centene    Corp                     Goldam    Sachs
      (16,903)                                                 41,750
          Centene    Corp                     JP  Morgan
       3,582                                                 1,254
          Centennial      Resource     Development      Inc  ’A’       Bank   of  America    Merrill    Lynch
     (240,919)                                                 (42,619)
          Centennial      Resource     Development      Inc  ’A’       Barclays     Bank
     (883,840)                                                  (8,838)
          Centennial      Resource     Development      Inc  ’A’
     (502,779)                               Citibank                   (5,028)
          Centennial      Resource     Development      Inc  ’A’       Goldam    Sachs
     (542,472)                                                 (95,963)
          Centennial      Resource     Development      Inc  ’A’
     (107,550)                               HSBC                   (21,521)
          Centennial      Resource     Development      Inc  ’A’       JP  Morgan
      (92,604)                                                 (18,530)
          CenturyLink      Inc
      12,460                              Citibank                   (2,118)
          CenturyLink      Inc                   Goldam    Sachs
      25,510                                                 9,694
          CenturyLink      Inc                   JP  Morgan
      91,320                                                (24,468)
          Cerence    Inc                     Barclays     Bank
      12,237                                                (66,936)
          Ceridian     HCM  Holding    Inc               Credit    Suisse
      (99,857)                                                (347,502)
          Cerner    Corp                      Bank   of  America    Merrill    Lynch
      71,570                                                381,468
          Cerner    Corp                      Barclays     Bank
      54,300                                                171,588
          Cerner    Corp
       4,520                             Citibank                   14,283
          Cerner    Corp                      Credit    Suisse
      11,410                                                 19,283
          Cerner    Corp                      Goldam    Sachs
      80,330                                                428,159
          Cerner    Corp                      JP  Morgan
       4,290                                                 7,250
          CF  Industries      Holdings     Inc              Bank   of  America    Merrill    Lynch
       9,520                                                39,603
          CF  Industries      Holdings     Inc              Goldam    Sachs
       7,320                                                30,451
          CF  Industries      Holdings     Inc
       8,310                             HSBC                   18,889
          CF  Industries      Holdings     Inc              JP  Morgan
       7,790                                                 (390)
          CH  Robinson     Worldwide     Inc              Goldam    Sachs
       5,270                                                47,535
          Change    Healthcare      Inc                Bank   of  America    Merrill    Lynch
      15,150                                                 20,301
          Charles    River   Laboratories       International       Inc     Bank   of  America    Merrill    Lynch
      (1,490)                                                 (8,404)
          Charles    River   Laboratories       International       Inc     Goldam    Sachs
      (8,750)                                                (49,350)
          Charles    River   Laboratories       International       Inc
      (5,770)                              HSBC                   (91,685)
          Charles    Schwab    Corp                  Bank   of  America    Merrill    Lynch
      (19,315)                                                 (62,387)
          Charles    Schwab    Corp                  Barclays     Bank
      (22,460)                                                 (66,482)
          Charles    Schwab    Corp                  Credit    Suisse
      (44,830)                                                 32,278
          Charles    Schwab    Corp                  Goldam    Sachs
      (32,340)                                                (104,458)
          Charles    Schwab    Corp                  JP  Morgan
      (3,240)                                                 (8,616)
          Charter    Communications        Inc  ’A’            Barclays     Bank
      (1,930)                                                (55,970)
                                166/270




                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          米国（続き）
          Charter    Communications        Inc  ’A’            Goldam    Sachs
      (1,430)                                                (55,069)
          Charter    Communications        Inc  ’A’            JP  Morgan
      (2,100)                                                (55,902)
          Cheesecake      Factory    Inc                Bank   of  America    Merrill    Lynch
        25                                                 65
          Chemed    Corp                      Goldam    Sachs
       3,230                                                72,772
          Chemours     Co                     Bank   of  America    Merrill    Lynch
      (99,655)                                                (228,210)
          Chemours     Co                     Barclays     Bank
     (108,136)                                                 (100,566)
          Cheniere     Energy    Inc                 Bank   of  America    Merrill    Lynch
      (11,080)                                                 (24,376)
          Cheniere     Energy    Inc                 Barclays     Bank
      (30,330)                                                 72,489
          Cheniere     Energy    Inc                 Credit    Suisse
      (5,000)                                                 (8,501)
          Cheniere     Energy    Inc                 Goldam    Sachs
      (21,150)                                                 (46,530)
          Chevron    Corp                     Credit    Suisse
      (1,760)                                                  462
          Chevron    Corp
      (1,290)                              HSBC                    3,574
          Chipotle     Mexican    Grill   Inc              Barclays     Bank
       1,680                                               (100,430)
          Chipotle     Mexican    Grill   Inc              Goldam    Sachs
        210                                                5,076
          Choice    Hotels    International       Inc           Bank   of  America    Merrill    Lynch
      (9,530)                                                (94,728)
          Choice    Hotels    International       Inc           Barclays     Bank
      (5,220)                                                (14,668)
          Choice    Hotels    International       Inc           Credit    Suisse
      (4,430)                                                (32,295)
          Choice    Hotels    International       Inc           Goldam    Sachs
      (42,364)                                                (421,098)
          Church    & Dwight    Co  Inc                Barclays     Bank
      (16,740)                                                 (29,881)
          Church    & Dwight    Co  Inc                Goldam    Sachs
      (5,360)                                                  (616)
          Ciena   Corp                      Bank   of  America    Merrill    Lynch
       6,327                                                30,053
          Ciena   Corp                      Barclays     Bank
      56,810                                                 90,328
          Ciena   Corp                      Goldam    Sachs
      69,590                                                330,553
          Cigna   Corp                      Bank   of  America    Merrill    Lynch
      (4,050)                                                (30,699)
          Cigna   Corp                      Barclays     Bank
      (9,330)                                                (81,451)
          Cigna   Corp                      Goldam    Sachs
      (3,890)                                                (29,486)
          Cigna   Corp
      (5,280)                              HSBC                   (44,669)
          Cincinnati      Financial     Corp
       2,580                             Citibank                    3,380
          Cincinnati      Financial     Corp               JP  Morgan
       2,210                                                21,136
          Cinemark     Holdings     Inc                Bank   of  America    Merrill    Lynch
      31,770                                                101,346
          Cinemark     Holdings     Inc                Barclays     Bank
      24,490                                                 25,225
          Cinemark     Holdings     Inc                Credit    Suisse
       9,670                                                 9,090
          Cinemark     Holdings     Inc                Goldam    Sachs
      74,320                                                237,081
          Cinemark     Holdings     Inc
      18,520                              HSBC                   17,409
          Cinemark     Holdings     Inc                JP  Morgan
      44,630                                                 41,952
          Cintas    Corp                      Goldam    Sachs
       2,030                                                44,822
          Cisco   Systems    Inc                  Goldam    Sachs
      (57,120)                                                 (89,107)
          Cisco   Systems    Inc                  JP  Morgan
      (8,970)                                                (25,475)
          CIT  Group   Inc                    Bank   of  America    Merrill    Lynch
      54,850                                                225,434
          CIT  Group   Inc                    Barclays     Bank
      114,750                                                 269,663
          CIT  Group   Inc
       3,934                             Citibank                    9,245
          CIT  Group   Inc                    Goldam    Sachs
       5,230                                                21,495
          CIT  Group   Inc
      60,423                              HSBC                   112,387
          CIT  Group   Inc                    JP  Morgan
       1,000                                                 1,860
          Citigroup     Inc                    Barclays     Bank
      17,010                                                 72,122
                                167/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          米国（続き）
          Citigroup     Inc                    Credit    Suisse
       4,230                                                32,266
          Citigroup     Inc                    Goldam    Sachs
      47,280                                                303,538
          Citigroup     Inc                    JP  Morgan
       3,800                                                24,602
          Citizens     Financial     Group   Inc             Bank   of  America    Merrill    Lynch
      46,194                                                181,542
          Citizens     Financial     Group   Inc             Barclays     Bank
      97,694                                                251,074
          Citizens     Financial     Group   Inc             Goldam    Sachs
      79,650                                                313,025
          Citrix    Systems    Inc
      25,822                              Citibank                   190,308
          Citrix    Systems    Inc                  Credit    Suisse
       2,548                                                (16,740)
          Citrix    Systems    Inc
       4,818                             HSBC                   (31,654)
          Citrix    Systems    Inc                  JP  Morgan
       6,809                                                (44,735)
          Clean   Harbors    Inc                  Barclays     Bank
      42,900                                                 97,812
          Clorox    Co                      Goldam    Sachs
      (2,460)                                                 13,112
          CME  Group   Inc                    Bank   of  America    Merrill    Lynch
       8,590                                                (6,786)
          CME  Group   Inc                    Goldam    Sachs
      10,210                                                 (8,066)
          CME  Group   Inc
        870                            HSBC                    1,569
          CME  Group   Inc                    JP  Morgan
       2,150                                                (2,688)
          CMS  Energy    Corp                    Bank   of  America    Merrill    Lynch
        450                                                1,877
          CMS  Energy    Corp
       3,500                             Citibank                    7,910
          CMS  Energy    Corp                    Goldam    Sachs
      40,450                                                168,677
          CNA  Financial     Corp                  Bank   of  America    Merrill    Lynch
      20,927                                                 93,334
          CNA  Financial     Corp                  Barclays     Bank
       7,180                                                 5,816
          CNA  Financial     Corp                  Goldam    Sachs
       2,625                                                11,708
          Coca-Cola     Co                    Barclays     Bank
      (48,460)                                                 (76,567)
          Coca-Cola     European     Partners     Plc           Credit    Suisse
      (4,290)                                                (13,112)
          Coca-Cola     European     Partners     Plc           Goldam    Sachs
      (21,680)                                                 (71,978)
          Cognex    Corp                      Barclays     Bank
      (66,940)                                                 161,995
          Cognex    Corp                      Goldam    Sachs
      (24,350)                                                 (49,431)
          Cognizant     Technology      Solutions     Corp   ’A’       Bank   of  America    Merrill    Lynch
      11,460                                                 31,973
          Cognizant     Technology      Solutions     Corp   ’A’       Goldam    Sachs
       9,140                                                25,501
          Cognizant     Technology      Solutions     Corp   ’A’       JP  Morgan
      10,910                                                (45,713)
          Coherent     Inc                     Bank   of  America    Merrill    Lynch
      (26,886)                                                (262,945)
          Coherent     Inc                     Goldam    Sachs
      (17,968)                                                (175,727)
          Colfax    Corp                      Bank   of  America    Merrill    Lynch
      (19,634)                                                 (50,067)
          Colfax    Corp                      Goldam    Sachs
      (11,564)                                                 (29,488)
          Colgate-Palmolive         Co                Bank   of  America    Merrill    Lynch
       5,420                                                17,398
          Colgate-Palmolive         Co                Barclays     Bank
       3,570                                                 5,034
          Colgate-Palmolive         Co
      13,620                              Citibank                   19,204
          Colgate-Palmolive         Co                Goldam    Sachs
      25,460                                                 81,727
          Colgate-Palmolive         Co
      10,540                              HSBC                   29,407
          Colgate-Palmolive         Co                JP  Morgan
       2,380                                                 6,640
          Columbia     Sportswear      Co               Barclays     Bank
      11,751                                                 42,656
          Columbia     Sportswear      Co               Goldam    Sachs
       2,640                                                26,585
          Comcast    Corp   ’A’                   Barclays     Bank
      (40,590)                                                 (17,860)
          Comcast    Corp   ’A’                   Goldam    Sachs
      (47,240)                                                (154,002)
          Comcast    Corp   ’A’                   JP  Morgan
      (6,220)                                                (16,452)
                                168/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          米国（続き）
          Comerica     Inc                     Bank   of  America    Merrill    Lynch
       6,732                                                44,633
          Comerica     Inc                     Barclays     Bank
      52,310                                                210,286
          Comerica     Inc                     Goldam    Sachs
      19,480                                                129,152
          Commerce     Bancshares      Inc               Bank   of  America    Merrill    Lynch
      (4,530)                                                (39,547)
          Commerce     Bancshares      Inc               Barclays     Bank
      (10,370)                                                 (35,673)
          Commerce     Bancshares      Inc               Credit    Suisse
      (21,640)                                                 (88,724)
          Commerce     Bancshares      Inc               Goldam    Sachs
      (49,870)                                                (435,365)
          Commerce     Bancshares      Inc
      (1,970)                              HSBC                   (19,507)
          CommScope     Holding    Co  Inc               Barclays     Bank
     (216,791)                                                 (197,280)
          Conagra    Brands    Inc                  Bank   of  America    Merrill    Lynch
      (21,410)                                                  5,995
          Conagra    Brands    Inc                  JP  Morgan
     (138,923)                                                 (51,402)
          Concho    Resources     Inc                 Bank   of  America    Merrill    Lynch
      (41,621)                                                 39,540
          Concho    Resources     Inc                 Barclays     Bank
      (3,640)                                                 9,173
          Concho    Resources     Inc                 Goldam    Sachs
      (29,390)                                                 27,921
          Concho    Resources     Inc                 JP  Morgan
      (25,876)                                                 137,919
                                    Bank   of  America    Merrill    Lynch
      16,130    ConocoPhillips                                             20,001
      21,877    ConocoPhillips                          Citibank                   (25,596)
                                    Credit    Suisse
      27,934    ConocoPhillips                                            (27,096)
                                    Goldam    Sachs
      23,720    ConocoPhillips                                             29,413
          Consolidated       Edison    Inc               Barclays     Bank
      (7,600)                                                (23,332)
          Constellation       Brands    Inc  ’A’             Barclays     Bank
      (14,380)                                                 (16,681)
          Cooper    Cos  Inc                    Bank   of  America    Merrill    Lynch
        500                                               10,370
          Copart    Inc                      Barclays     Bank
      (10,040)                                                 (25,702)
          Copart    Inc                      Credit    Suisse
      (3,320)                                                (17,600)
          Copart    Inc                      Goldam    Sachs
      (41,140)                                                (381,368)
          Copart    Inc
      (4,580)                              HSBC                   (22,992)
          CoreLogic     Inc                    Barclays     Bank
      12,030                                                 20,692
          CoreLogic     Inc                    Credit    Suisse
       3,470                                                20,435
          CoreLogic     Inc                    Goldam    Sachs
      24,637                                                140,924
          CoreLogic     Inc
       4,270                             HSBC                   24,607
          Corning    Inc                     Bank   of  America    Merrill    Lynch
       (920)                                                (2,935)
          Corning    Inc                     Barclays     Bank
      (39,180)                                                 (57,203)
          Corning    Inc                     Credit    Suisse
      (9,090)                                                (11,090)
          Corning    Inc                     Goldam    Sachs
      (95,530)                                                (304,741)
          CoStar    Group   Inc                   Bank   of  America    Merrill    Lynch
      (3,660)                                                 (8,930)
          CoStar    Group   Inc                   Goldam    Sachs
      (1,420)                                                 (3,465)
          Costco    Wholesale     Corp                 Bank   of  America    Merrill    Lynch
       5,700                                                34,029
          Costco    Wholesale     Corp                 Credit    Suisse
       1,400                                                (1,064)
          Costco    Wholesale     Corp
        550                            HSBC                    (418)
          Costco    Wholesale     Corp                 JP  Morgan
       3,110                                                (2,364)
          Coty   Inc  ’A’                     Barclays     Bank
      33,550                                                 4,865
          Coty   Inc  ’A’
      25,010                              HSBC                   (32,638)
          Coupa   Software     Inc                  Barclays     Bank
      (11,900)                                                 25,228
          Covetrus     Inc                     Bank   of  America    Merrill    Lynch
      (43,858)                                                (139,468)
          Covetrus     Inc                     Barclays     Bank
      (42,867)                                                 10,288
                                169/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          米国（続き）
          Covetrus     Inc                     Goldam    Sachs
      (34,797)                                                (110,654)
          Crane   Co                      Barclays     Bank
      36,340                                                125,373
          Credit    Acceptance      Corp                Barclays     Bank
      (8,730)                                                (232,742)
          Cree   Inc                       Bank   of  America    Merrill    Lynch
      (33,735)                                                (352,193)
          Cree   Inc                       Barclays     Bank
      (38,980)                                                 (56,911)
          Cree   Inc                       Goldam    Sachs
      (61,360)                                                (640,598)
          Crown   Holdings     Inc                  Bank   of  America    Merrill    Lynch
      (16,070)                                                 (88,546)
          Crown   Holdings     Inc                  Barclays     Bank
      (14,710)                                                 (41,335)
          CSX  Corp                       Barclays     Bank
       5,660                                                11,829
          CSX  Corp
       1,790                             Citibank                    3,741
          CSX  Corp                       Credit    Suisse
       4,160                                                23,386
          Cullen/Frost       Bankers    Inc               Bank   of  America    Merrill    Lynch
      (16,900)                                                (175,844)
          Cullen/Frost       Bankers    Inc               Credit    Suisse
      (29,937)                                                (180,969)
          Cullen/Frost       Bankers    Inc               Goldam    Sachs
      (24,230)                                                (252,113)
          Cummins    Inc                     Bank   of  America    Merrill    Lynch
      25,557                                                336,075
          Cummins    Inc                     Goldam    Sachs
      14,130                                                185,810
          Curtiss-Wright        Corp                  Bank   of  America    Merrill    Lynch
      10,048                                                145,796
          Curtiss-Wright        Corp                  Barclays     Bank
      37,290                                                295,337
          Curtiss-Wright        Corp                  Credit    Suisse
       1,310                                                 3,144
          Curtiss-Wright        Corp                  Goldam    Sachs
      11,680                                                169,477
          Curtiss-Wright        Corp
       6,830                             HSBC                   60,402
          Curtiss-Wright        Corp                  JP  Morgan
      15,868                                                 54,575
          Danaher    Corp                     Bank   of  America    Merrill    Lynch
      (24,323)                                                 (40,133)
          Danaher    Corp                     Barclays     Bank
      (18,440)                                                (133,506)
          Danaher    Corp                     Goldam    Sachs
      (4,090)                                                 (6,749)
          Danaher    Corp                     JP  Morgan
      (8,700)                                                (35,409)
          Darden    Restaurants      Inc                Bank   of  America    Merrill    Lynch
      27,221                                                233,284
          Darden    Restaurants      Inc                Barclays     Bank
       4,200                                                10,710
          Darden    Restaurants      Inc                Goldam    Sachs
       4,350                                                37,280
          Darden    Restaurants      Inc                JP  Morgan
       3,500                                                29,319
          DaVita    Inc                      Barclays     Bank
      31,080                                                 81,430
          DaVita    Inc                      Goldam    Sachs
       9,960                                                 1,793
          Deere   & Co                     Goldam    Sachs
      (17,870)                                                (410,653)
          Deere   & Co                     JP  Morgan
      (6,422)                                                (77,000)
          Dell   Technologies       Inc  ’C’              Bank   of  America    Merrill    Lynch
      (34,860)                                                (247,680)
          Delta   Air  Lines   Inc                 Bank   of  America    Merrill    Lynch
       9,800                                                55,860
          Delta   Air  Lines   Inc                 Barclays     Bank
      28,480                                                 62,656
          Delta   Air  Lines   Inc
       6,620                             Citibank                   14,564
          Delta   Air  Lines   Inc                 Goldam    Sachs
      136,970                                                 780,729
          Delta   Air  Lines   Inc
      25,950                              HSBC                   56,312
          DENTSPLY     SIRONA    Inc                 Bank   of  America    Merrill    Lynch
      27,970                                                233,270
          DENTSPLY     SIRONA    Inc                 Barclays     Bank
      27,180                                                103,556
          DENTSPLY     SIRONA    Inc
      15,640                              Citibank                   59,588
          DENTSPLY     SIRONA    Inc                 Credit    Suisse
       6,880                                                37,152
          DENTSPLY     SIRONA    Inc                 Goldam    Sachs
      35,790                                                298,489
                                170/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          米国（続き）
          DENTSPLY     SIRONA    Inc
       6,380                             HSBC                   34,452
          Devon   Energy    Corp                   Bank   of  America    Merrill    Lynch
      268,546                                                (214,837)
          Devon   Energy    Corp                   Credit    Suisse
      148,031                                                (229,448)
          DexCom    Inc                      Bank   of  America    Merrill    Lynch
        740                                               (35,320)
          DexCom    Inc                      Credit    Suisse
        850                                               (30,175)
          Diamondback      Energy    Inc
      (13,030)                              HSBC                   (7,989)
          Diamondback      Energy    Inc                JP  Morgan
      (3,050)                                                 (9,998)
          Dick’s    Sporting     Goods   Inc              Bank   of  America    Merrill    Lynch
      61,125                                                435,821
          Dick’s    Sporting     Goods   Inc              Barclays     Bank
        550                                                1,557
          Dick’s    Sporting     Goods   Inc              Goldam    Sachs
      187,809                                                1,339,078
          Dick’s    Sporting     Goods   Inc              JP  Morgan
      20,170                                                103,069
          Discover     Financial     Services                Bank   of  America    Merrill    Lynch
      24,918                                                268,865
          Discover     Financial     Services                Barclays     Bank
      62,900                                                523,328
          Discover     Financial     Services                Credit    Suisse
      43,841                                                266,115
          Discover     Financial     Services                Goldam    Sachs
       3,120                                                33,665
          Discovery     Inc  ’C’                  Goldam    Sachs
      (50,640)                                                 (43,297)
          DISH   Network    Corp   ’A’                Bank   of  America    Merrill    Lynch
      (27,230)                                                (166,103)
          DISH   Network    Corp   ’A’                Barclays     Bank
      (73,220)                                                 (91,525)
          DISH   Network    Corp   ’A’                Credit    Suisse
      (4,598)                                                (23,358)
          DocuSign     Inc                     Bank   of  America    Merrill    Lynch
      (23,610)                                                (256,168)
          Dolby   Laboratories       Inc  ’A’              Bank   of  America    Merrill    Lynch
      16,129                                                109,516
          Dolby   Laboratories       Inc  ’A’              Barclays     Bank
      79,347                                                133,303
          Dolby   Laboratories       Inc  ’A’              Credit    Suisse
       1,012                                                 2,388
          Dolby   Laboratories       Inc  ’A’              Goldam    Sachs
      23,740                                                161,195
          Dolby   Laboratories       Inc  ’A’
       5,990                             HSBC                   40,885
          Dollar    General    Corp                  Bank   of  America    Merrill    Lynch
      12,410                                                107,222
          Dollar    General    Corp
       6,720                             Citibank                   78,490
          Dollar    General    Corp                  Goldam    Sachs
       3,910                                                33,782
          Dollar    Tree   Inc                   Bank   of  America    Merrill    Lynch
      (8,258)                                                (177,547)
          Dollar    Tree   Inc                   Goldam    Sachs
      (26,540)                                                (570,610)
          Dollar    Tree   Inc                   JP  Morgan
      (4,050)                                                (75,006)
          Dominion     Energy    Inc                 Bank   of  America    Merrill    Lynch
      (32,595)                                                (165,583)
          Dominion     Energy    Inc                 Barclays     Bank
      (4,410)                                                (12,304)
          Domino’s     Pizza   Inc                 Bank   of  America    Merrill    Lynch
       1,720                                                (4,747)
          Domino’s     Pizza   Inc                 Barclays     Bank
       2,110                                                 2,490
          Domino’s     Pizza   Inc
       1,240                             Citibank                    1,463
          Domino’s     Pizza   Inc
        420                            HSBC                    1,751
          Domtar    Corp                      Bank   of  America    Merrill    Lynch
      39,998                                                 33,998
          Domtar    Corp                      Barclays     Bank
      13,700                                                 6,713
          Donaldson     Co  Inc                   Bank   of  America    Merrill    Lynch
      10,348                                                 52,257
          Donaldson     Co  Inc                   Barclays     Bank
      38,014                                                 78,309
          Donaldson     Co  Inc                   Credit    Suisse
       8,810                                                45,668
          Donaldson     Co  Inc                   Goldam    Sachs
       7,920                                                39,996
          Dover   Corp                      Bank   of  America    Merrill    Lynch
      47,784                                                559,551
          Dover   Corp                      Credit    Suisse
       2,557                                                11,302
                                171/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          米国（続き）
          Dover   Corp                      Goldam    Sachs
      26,510                                                310,432
          Dow  Inc                       Barclays     Bank
      (22,580)                                                 (51,031)
          Dow  Inc                       Goldam    Sachs
      (89,110)                                                (429,510)
          Dow  Inc
      (12,420)                              HSBC                   (54,303)
          Dow  Inc                       JP  Morgan
      (89,430)                                                (362,191)
          DR  Horton    Inc                    Bank   of  America    Merrill    Lynch
      (4,281)                                                (38,786)
          DR  Horton    Inc                    Goldam    Sachs
      (22,770)                                                (206,296)
          Dropbox    Inc  ’A’                   Bank   of  America    Merrill    Lynch
      67,580                                                 (6,082)
          Dropbox    Inc  ’A’                   Barclays     Bank
      49,695                                                 30,562
          Dropbox    Inc  ’A’
       5,320                             Citibank                    3,272
          Dropbox    Inc  ’A’                   Goldam    Sachs
      67,900                                                 (6,111)
          DTE  Energy    Co                    Bank   of  America    Merrill    Lynch
      34,525                                                307,273
          DTE  Energy    Co                    Credit    Suisse
        755                                                3,767
          Duke   Energy    Corp                   Goldam    Sachs
      13,270                                                 50,957
          Duke   Energy    Corp
       1,600                             HSBC                    5,922
          Dunkin’     Brands    Group   Inc              Bank   of  America    Merrill    Lynch
      75,100                                                129,172
          Dunkin’     Brands    Group   Inc              Barclays     Bank
       9,980                                                 3,493
          Dunkin’     Brands    Group   Inc              Credit    Suisse
      24,354                                                (26,302)
          Dunkin’     Brands    Group   Inc              Goldam    Sachs
      69,913                                                120,250
          DuPont    de  Nemours    Inc                Bank   of  America    Merrill    Lynch
      (10,500)                                                 (45,990)
          DuPont    de  Nemours    Inc                Barclays     Bank
      (54,680)                                                 (62,335)
          DuPont    de  Nemours    Inc
      (7,130)                              Citibank                   (8,128)
          DuPont    de  Nemours    Inc                Goldam    Sachs
      (52,200)                                                (228,636)
          DuPont    de  Nemours    Inc
      (13,410)                              HSBC                   (38,889)
          DXC  Technology      Co                  Barclays     Bank
       8,680                                                (7,291)
          DXC  Technology      Co
      12,070                              Citibank                   (10,139)
          DXC  Technology      Co                  Credit    Suisse
       8,140                                                (24,501)
          E*TRADE    Financial     Corp                Barclays     Bank
      (6,230)                                                (26,104)
          E*TRADE    Financial     Corp
      (3,000)                              HSBC                   (20,969)
          Eagle   Materials     Inc                 Bank   of  America    Merrill    Lynch
      15,460                                                202,062
          Eagle   Materials     Inc
      12,267                              Citibank                    7,360
          Eagle   Materials     Inc                 Credit    Suisse
       2,210                                                16,133
          Eagle   Materials     Inc                 Goldam    Sachs
      16,590                                                216,831
          Eagle   Materials     Inc                 JP  Morgan
       5,430                                                39,639
          East   West   Bancorp    Inc                Bank   of  America    Merrill    Lynch
      (17,790)                                                 (59,597)
          East   West   Bancorp    Inc                Barclays     Bank
      (34,280)                                                 (51,763)
          East   West   Bancorp    Inc                Credit    Suisse
      (11,540)                                                 (1,039)
          East   West   Bancorp    Inc                Goldam    Sachs
      (21,190)                                                 (70,987)
          Eastman    Chemical     Co                 Bank   of  America    Merrill    Lynch
      (29,130)                                                (222,262)
          Eastman    Chemical     Co                 Barclays     Bank
      (28,340)                                                 (60,648)
          Eastman    Chemical     Co
      (2,620)                              Citibank                   (5,607)
          Eastman    Chemical     Co                 Goldam    Sachs
      (56,830)                                                (433,613)
          Eastman    Chemical     Co                 JP  Morgan
      (5,010)                                                (25,401)
          Eaton   Corp   Plc                    Barclays     Bank
      (3,650)                                                (16,936)
          Eaton   Corp   Plc                    Goldam    Sachs
      (31,780)                                                (305,088)
                                172/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          米国（続き）
          Eaton   Corp   Plc
      (5,060)                              HSBC                   (5,364)
          Eaton   Corp   Plc                    JP  Morgan
      (1,860)                                                 (1,972)
          eBay   Inc                       Bank   of  America    Merrill    Lynch
      17,046                                                 39,547
          eBay   Inc                       Barclays     Bank
      88,790                                                 87,014
          eBay   Inc                       Credit    Suisse
      51,408                                                117,210
          eBay   Inc                       Goldam    Sachs
      26,750                                                 62,060
          eBay   Inc
      13,586                              HSBC                   30,976
          EchoStar     Corp   ’A’                  Bank   of  America    Merrill    Lynch
      (4,670)                                                (18,026)
          EchoStar     Corp   ’A’                  Barclays     Bank
      (46,930)                                                 (51,623)
          EchoStar     Corp   ’A’                  Credit    Suisse
      (5,330)                                                (20,757)
          EchoStar     Corp   ’A’                  Goldam    Sachs
      (99,691)                                                (384,807)
          Ecolab    Inc                      Bank   of  America    Merrill    Lynch
       1,630                                                22,771
          Ecolab    Inc
       2,520                             Citibank                   20,714
          Ecolab    Inc                      Credit    Suisse
       1,640                                                17,974
          Ecolab    Inc                      Goldam    Sachs
        820                                               11,455
          Ecolab    Inc
       1,700                             HSBC                   20,477
          Edison    International                      Barclays     Bank
      (24,152)                                                 (32,605)
          Edison    International                      Goldam    Sachs
      (56,660)                                                (103,688)
          Edison    International                      JP  Morgan
      (14,450)                                                 (10,549)
          Edwards    Lifesciences       Corp               Bank   of  America    Merrill    Lynch
       3,110                                                32,064
          Edwards    Lifesciences       Corp               Goldam    Sachs
      25,330                                                261,152
          Elanco    Animal    Health    Inc               Bank   of  America    Merrill    Lynch
      (40,230)                                                 (82,069)
          Elanco    Animal    Health    Inc               Barclays     Bank
     (112,850)                                                 (250,527)
          Elanco    Animal    Health    Inc               Credit    Suisse
      (28,040)                                                 (37,013)
          Elanco    Animal    Health    Inc               Goldam    Sachs
     (119,680)                                                 (244,147)
          Elanco    Animal    Health    Inc
      (47,821)                              HSBC                   (66,767)
          Elanco    Animal    Health    Inc               JP  Morgan
      (27,520)                                                 (36,326)
          Elastic    NV                     Barclays     Bank
      (7,010)                                                 5,748
          Elastic    NV                     Credit    Suisse
      (14,924)                                                (163,119)
          Elastic    NV                     Goldam    Sachs
      (23,990)                                                (287,880)
          Electronic      Arts   Inc                 Barclays     Bank
       7,280                                                 8,518
          Electronic      Arts   Inc                 Credit    Suisse
      26,610                                                126,950
          Electronic      Arts   Inc                 Goldam    Sachs
      18,070                                                 51,680
          Element    Solutions     Inc                Bank   of  America    Merrill    Lynch
     (127,050)                                                 (152,460)
          Element    Solutions     Inc                Barclays     Bank
       (660)                                                 (53)
          Element    Solutions     Inc                Goldam    Sachs
     (400,878)                                                 (481,054)
          Element    Solutions     Inc                JP  Morgan
      (33,104)                                                 (21,187)
          Eli  Lilly   and  Co                  Barclays     Bank
      20,510                                                 17,844
          Eli  Lilly   and  Co                  Goldam    Sachs
       1,150                                                (8,280)
          Emerson    Electric     Co                 Bank   of  America    Merrill    Lynch
      (2,140)                                                (14,937)
          Emerson    Electric     Co                 Barclays     Bank
      (5,360)                                                (21,708)
          Encompass     Health    Corp                 Bank   of  America    Merrill    Lynch
       1,790                                                14,105
          Energizer     Holdings     Inc                Bank   of  America    Merrill    Lynch
      (46,705)                                                (101,817)
          Energizer     Holdings     Inc                Barclays     Bank
      (4,901)                                                 2,549
          Energizer     Holdings     Inc                Goldam    Sachs
     (109,471)                                                 (238,647)
                                173/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          米国（続き）
          Entegris     Inc                     Barclays     Bank
      (21,480)                                                 (16,969)
          Entegris     Inc                     Credit    Suisse
      (12,780)                                                 (34,313)
          Entegris     Inc                     Goldam    Sachs
      (6,410)                                                (24,166)
          Entergy    Corp                     Bank   of  America    Merrill    Lynch
      25,910                                                176,188
          Entergy    Corp                     Barclays     Bank
       7,430                                                28,383
          Entergy    Corp                     Credit    Suisse
      25,421                                                172,100
          Entergy    Corp                     Goldam    Sachs
       2,220                                                15,096
          EOG  Resources     Inc                  Goldam    Sachs
      (2,270)                                                 (5,698)
          EPAM   Systems    Inc                   Bank   of  America    Merrill    Lynch
      (8,083)                                                (130,055)
          EPAM   Systems    Inc                   Barclays     Bank
      (5,150)                                                (49,492)
          EQT  Corp                       Bank   of  America    Merrill    Lynch
      (60,150)                                                 (36,692)
          EQT  Corp                       Barclays     Bank
      (13,170)                                                  5,136
          EQT  Corp                       Credit    Suisse
      (87,743)                                                 56,156
          EQT  Corp
      (78,196)                              HSBC                   32,513
          Equifax    Inc                     Bank   of  America    Merrill    Lynch
      (20,123)                                                (199,620)
          Equifax    Inc                     Goldam    Sachs
      (19,210)                                                (190,563)
          Equitable     Holdings     Inc                Bank   of  America    Merrill    Lynch
         4                                                10
          Equitable     Holdings     Inc                Barclays     Bank
      52,620                                                 71,037
          Equitrans     Midstream     Corp               Bank   of  America    Merrill    Lynch
     (150,315)                                                 (25,554)
          Equitrans     Midstream     Corp               Barclays     Bank
      (42,830)                                                 (1,713)
          Equitrans     Midstream     Corp               Goldam    Sachs
     (147,289)                                                 (25,039)
          Erie   Indemnity     Co  ’A’                Bank   of  America    Merrill    Lynch
      (12,385)                                                (117,410)
          Erie   Indemnity     Co  ’A’                Barclays     Bank
      (5,380)                                                 (9,523)
          Essential     Utilities     Inc               Barclays     Bank
     (198,410)                                                 (416,661)
          Estee   Lauder    Cos  Inc  ’A’               Bank   of  America    Merrill    Lynch
      (6,430)                                                (158,049)
          Estee   Lauder    Cos  Inc  ’A’               Barclays     Bank
      (2,260)                                                (35,685)
          Estee   Lauder    Cos  Inc  ’A’               Goldam    Sachs
      (4,480)                                                (110,118)
          Estee   Lauder    Cos  Inc  ’A’
      (1,470)                              HSBC                   (34,919)
          Etsy   Inc                       Barclays     Bank
       3,927                                                12,920
          Euronet    Worldwide     Inc                Bank   of  America    Merrill    Lynch
       2,442                                                29,548
          Euronet    Worldwide     Inc                Barclays     Bank
      12,100                                                 27,588
          Euronet    Worldwide     Inc
       5,430                             Citibank                   12,380
          Euronet    Worldwide     Inc                Goldam    Sachs
       3,280                                                39,688
          Euronet    Worldwide     Inc                JP  Morgan
       1,620                                                 2,365
          Evercore     Inc  ’A’                   Bank   of  America    Merrill    Lynch
       4,090                                                25,563
          Evercore     Inc  ’A’                   Barclays     Bank
       3,480                                                10,057
          Everest    Re  Group   Ltd                 Bank   of  America    Merrill    Lynch
      (1,350)                                                (43,119)
          Everest    Re  Group   Ltd                 Goldam    Sachs
      (6,890)                                                (220,067)
          Evergy    Inc                      Bank   of  America    Merrill    Lynch
      14,999                                                 80,245
          Evergy    Inc                      Barclays     Bank
      16,817                                                 31,784
          Evergy    Inc
       2,077                             Citibank                    3,926
          Evergy    Inc                      Credit    Suisse
       5,132                                                22,529
          Evergy    Inc                      Goldam    Sachs
       1,470                                                 7,865
          Eversource      Energy                    Bank   of  America    Merrill    Lynch
      (6,963)                                                (37,322)
          Eversource      Energy                    Goldam    Sachs
      (2,660)                                                (14,258)
                                174/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          米国（続き）
          Exact   Sciences     Corp                  Bank   of  America    Merrill    Lynch
      (15,064)                                                 41,426
          Exact   Sciences     Corp                  Goldam    Sachs
      (29,970)                                                 82,418
          Exelixis     Inc                     Goldam    Sachs
      36,530                                                (47,124)
          Exelon    Corp                      Barclays     Bank
      23,370                                                 22,435
          Expedia    Group   Inc                  Barclays     Bank
       7,300                                                 (949)
          Expedia    Group   Inc                  Credit    Suisse
       4,730                                                56,370
          Expedia    Group   Inc                  Goldam    Sachs
      14,890                                                164,683
          Expedia    Group   Inc                  JP  Morgan
       1,770                                                27,059
          Expeditors      International       of  Washington      Inc
      22,697                              Citibank                   70,134
          Expeditors      International       of  Washington      Inc      Credit    Suisse
       4,816                                                 1,541
          Expeditors      International       of  Washington      Inc
      28,713                              HSBC                    9,188
          Expeditors      International       of  Washington      Inc      JP  Morgan
      71,956                                                 23,026
          Extended     Stay   America    Inc  (Unit)            Bank   of  America    Merrill    Lynch
      (38,800)                                                 (28,712)
          Extended     Stay   America    Inc  (Unit)            Goldam    Sachs
     (105,959)                                                 (78,410)
          Extended     Stay   America    Inc  (Unit)
      (68,290)                              HSBC                   (20,284)
          Exxon   Mobil   Corp                   Bank   of  America    Merrill    Lynch
       (130)                                                 (338)
          Exxon   Mobil   Corp
      (70,380)                              Citibank                     －
          Exxon   Mobil   Corp                   Goldam    Sachs
     (117,890)                                                 (306,514)
          F5  Networks     Inc                   Bank   of  America    Merrill    Lynch
       2,770                                                 8,338
          F5  Networks     Inc                   Barclays     Bank
       6,050                                                26,802
          F5  Networks     Inc
       2,680                             Citibank                   11,872
          F5  Networks     Inc                   Credit    Suisse
      11,151                                                (81,179)
          F5  Networks     Inc                   Goldam    Sachs
       7,290                                                21,943
          F5  Networks     Inc
       2,120                             HSBC                   (15,434)
          F5  Networks     Inc                   JP  Morgan
       1,560                                                (11,357)
          Facebook     Inc  ’A’                   Goldam    Sachs
      21,750                                                339,735
          Fair   Isaac   Corp                    Bank   of  America    Merrill    Lynch
       3,417                                                188,311
          Fair   Isaac   Corp                    Barclays     Bank
       3,720                                                67,220
          Fair   Isaac   Corp                    Goldam    Sachs
       3,790                                                208,867
          Fastenal     Co                     Bank   of  America    Merrill    Lynch
      (13,540)                                                 (20,581)
          Fastenal     Co                     Barclays     Bank
      (43,550)                                                 (76,648)
          Fastenal     Co                     Credit    Suisse
      (9,740)                                                (13,539)
          Fastenal     Co                     Goldam    Sachs
      (47,360)                                                 (71,987)
          FedEx   Corp                      Bank   of  America    Merrill    Lynch
      (1,910)                                                (38,525)
          FedEx   Corp                      Barclays     Bank
      (33,740)                                                (360,681)
          Fidelity     National     Information      Services     Inc      Barclays     Bank
      (20,722)                                                 (23,830)
          Fifth   Third   Bancorp                   Barclays     Bank
      40,030                                                 75,657
          Fifth   Third   Bancorp                   Goldam    Sachs
      110,380                                                 373,084
          FireEye    Inc                     Bank   of  America    Merrill    Lynch
      29,370                                                 9,105
          FireEye    Inc                     Barclays     Bank
      25,850                                                 (5,687)
          FireEye    Inc                     Credit    Suisse
      11,790                                                 (6,367)
          FireEye    Inc                     Goldam    Sachs
      40,690                                                 12,614
          First   American     Financial     Corp             Bank   of  America    Merrill    Lynch
       7,140                                                40,627
          First   American     Financial     Corp
       2,920                             Citibank                    2,248
          First   American     Financial     Corp             Goldam    Sachs
      37,710                                                214,570
                                175/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          米国（続き）
          First   American     Financial     Corp             JP  Morgan
      13,948                                                 44,494
          First   Citizens     BancShares      Inc  ’A’          Barclays     Bank
       7,790                                                258,550
          First   Citizens     BancShares      Inc  ’A’
        480                            Citibank                   15,931
          First   Citizens     BancShares      Inc  ’A’
        420                            HSBC                    8,858
          First   Citizens     BancShares      Inc  ’A’          JP  Morgan
        370                                                7,803
          First   Hawaiian     Inc                  Barclays     Bank
      121,680                                                 130,198
          First   Horizon    National     Corp              Bank   of  America    Merrill    Lynch
      75,860                                                131,996
          First   Horizon    National     Corp              Barclays     Bank
      76,280                                                 54,159
          First   Republic     Bank                  Bank   of  America    Merrill    Lynch
      (4,598)                                                (59,268)
          First   Republic     Bank                  Barclays     Bank
      (24,370)                                                (280,255)
          First   Republic     Bank                  Credit    Suisse
      (9,444)                                                (46,181)
          First   Republic     Bank                  Goldam    Sachs
      (12,130)                                                (156,356)
          First   Republic     Bank
      (1,260)                              HSBC                   (16,182)
          First   Solar   Inc                   Barclays     Bank
      (14,476)                                                 (30,689)
          First   Solar   Inc
      (11,560)                              Citibank                   (24,507)
          First   Solar   Inc                   Credit    Suisse
      (54,562)                                                 (78,024)
          First   Solar   Inc                   Goldam    Sachs
      (14,800)                                                 (92,056)
          First   Solar   Inc
      (22,790)                              HSBC                   (32,590)
          First   Solar   Inc                   JP  Morgan
      (10,900)                                                 (15,587)
          FirstEnergy      Corp                   Bank   of  America    Merrill    Lynch
      20,980                                                 65,458
          FirstEnergy      Corp                   Barclays     Bank
      33,160                                                 58,693
          FirstEnergy      Corp                   Goldam    Sachs
       7,340                                                22,901
          Fiserv    Inc
      10,900                              HSBC                   16,739
          Five   Below   Inc                    Barclays     Bank
      (8,720)                                                (43,949)
          FleetCor     Technologies       Inc              Barclays     Bank
       3,240                                                11,437
          FLIR   Systems    Inc                   Bank   of  America    Merrill    Lynch
      (12,710)                                                 (1,207)
          FLIR   Systems    Inc                   Goldam    Sachs
      (7,000)                                                  (665)
          Floor   & Decor   Holdings     Inc  ’A’            Bank   of  America    Merrill    Lynch
      (89,774)                                                (641,884)
          Floor   & Decor   Holdings     Inc  ’A’            Goldam    Sachs
      (3,052)                                                (21,822)
          Flowers    Foods   Inc                  Bank   of  America    Merrill    Lynch
      11,650                                                 6,291
          Flowers    Foods   Inc                  Barclays     Bank
      39,230                                                 13,338
          Flowers    Foods   Inc                  Goldam    Sachs
      55,990                                                 30,235
          Flowers    Foods   Inc                  JP  Morgan
      10,678                                                 9,183
          Fluor   Corp                      Bank   of  America    Merrill    Lynch
      (76,539)                                                (153,843)
          Fluor   Corp                      Barclays     Bank
      (2,503)                                                  (776)
          Fluor   Corp                      Goldam    Sachs
     (110,680)                                                 (222,467)
          Fluor   Corp                      JP  Morgan
      (32,580)                                                 (24,435)
          FMC  Corp                       Bank   of  America    Merrill    Lynch
       7,318                                                73,912
          FMC  Corp                       Goldam    Sachs
      24,260                                                245,026
          FMC  Corp
       1,580                             HSBC                    7,331
          FNB  Corp/PA                       Bank   of  America    Merrill    Lynch
      30,310                                                 31,977
          FNB  Corp/PA                       Barclays     Bank
      127,145                                                 46,408
          FNB  Corp/PA                       Credit    Suisse
      57,590                                                (19,293)
          FNB  Corp/PA                       Goldam    Sachs
      66,590                                                 70,252
          Foot   Locker    Inc                   Bank   of  America    Merrill    Lynch
      94,185                                                178,952
                                176/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          米国（続き）
          Foot   Locker    Inc                   Barclays     Bank
       8,980                                                 4,400
          Foot   Locker    Inc                   Goldam    Sachs
      11,530                                                 21,907
          Ford   Motor   Co                    Bank   of  America    Merrill    Lynch
     (475,290)                                                 (375,479)
          Ford   Motor   Co                    Barclays     Bank
      (64,680)                                                 (2,587)
          Ford   Motor   Co                    Goldam    Sachs
     (402,172)                                                 (317,716)
          Fortinet     Inc                     Bank   of  America    Merrill    Lynch
      18,671                                                (114,827)
          Fortive    Corp                     Barclays     Bank
      (19,010)                                                 (41,442)
          Fortune    Brands    Home   & Security     Inc          Bank   of  America    Merrill    Lynch
       4,060                                                28,501
          Fortune    Brands    Home   & Security     Inc          Barclays     Bank
       3,730                                                  149
          Fortune    Brands    Home   & Security     Inc          Credit    Suisse
      26,210                                                131,843
          Fortune    Brands    Home   & Security     Inc          Goldam    Sachs
      22,190                                                155,774
          Fortune    Brands    Home   & Security     Inc
      12,510                              HSBC                   56,170
          Fortune    Brands    Home   & Security     Inc          JP  Morgan
       4,390                                                34,409
          Fox  Corp   ’A’                     Credit    Suisse
      (42,570)                                                (179,335)
          Fox  Corp   ’A’
      (10,380)                              HSBC                   (27,069)
          Franklin     Resources     Inc                Goldam    Sachs
     (160,880)                                                 (152,836)
          Freeport-McMoRan         Inc                 Bank   of  America    Merrill    Lynch
     (676,955)                                                 (379,095)
          Freeport-McMoRan         Inc                 Goldam    Sachs
     (221,190)                                                 (123,866)
          Freeport-McMoRan         Inc                 JP  Morgan
      (38,730)                                                 (6,901)
          frontdoor     Inc                    Bank   of  America    Merrill    Lynch
       3,534                                                 9,931
          frontdoor     Inc
       2,910                             Citibank                    5,354
          frontdoor     Inc                    Credit    Suisse
       4,220                                                12,322
          frontdoor     Inc                    JP  Morgan
       2,920                                                 8,283
          Gap  Inc                       Bank   of  America    Merrill    Lynch
      85,360                                                129,747
          Gap  Inc                       Barclays     Bank
      279,490                                                 254,336
          Gap  Inc                       Credit    Suisse
      108,640                                                 143,701
          Gap  Inc                       Goldam    Sachs
      123,830                                                 188,222
          Gap  Inc                       JP  Morgan
      28,620                                                 29,192
          Garmin    Ltd
      (1,440)                              Citibank                   (9,886)
          Garmin    Ltd                      Goldam    Sachs
      (1,680)                                                (21,370)
          Garmin    Ltd
      (2,930)                              HSBC                   (38,046)
          Gartner    Inc                     Barclays     Bank
      (1,490)                                                 (7,718)
          Gartner    Inc                     Goldam    Sachs
      (18,090)                                                (203,693)
          Gartner    Inc
      (1,210)                              HSBC                    (254)
          Gates   Industrial      Corp   Plc              Barclays     Bank
     (179,640)                                                 (79,042)
          Gates   Industrial      Corp   Plc
      (69,268)                              Citibank                   (30,478)
          Gates   Industrial      Corp   Plc              Credit    Suisse
     (192,883)                                                 (202,527)
          Gates   Industrial      Corp   Plc
      (66,007)                              HSBC                   (69,307)
          Gates   Industrial      Corp   Plc              JP  Morgan
     (118,054)                                                 (123,957)
          GCI  Liberty    Inc  ’A’                 Bank   of  America    Merrill    Lynch
      (29,530)                                                (223,542)
          GCI  Liberty    Inc  ’A’                 Barclays     Bank
      (9,000)                                                (31,140)
          GCI  Liberty    Inc  ’A’                 Goldam    Sachs
      (13,300)                                                (100,681)
          GCI  Liberty    Inc  ’A’                 JP  Morgan
      (9,763)                                                (53,111)
          General    Electric     Co                 Bank   of  America    Merrill    Lynch
     (166,324)                                                 (181,293)
          General    Electric     Co                 Goldam    Sachs
      (11,840)                                                 (12,906)
                                177/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          米国（続き）
          General    Mills   Inc                  Bank   of  America    Merrill    Lynch
      (13,820)                                                   276
          General    Mills   Inc                  Goldam    Sachs
      (5,660)                                                  113
          General    Mills   Inc
      (8,700)                              HSBC                   (23,577)
          General    Mills   Inc                  JP  Morgan
      (5,900)                                                (15,989)
          General    Motors    Co                  Barclays     Bank
       6,260                                                 (157)
          General    Motors    Co                  Credit    Suisse
      29,970                                                 60,689
          General    Motors    Co                  Goldam    Sachs
      22,960                                                 76,342
          General    Motors    Co
       5,160                             HSBC                   21,459
          Gentex    Corp                      Goldam    Sachs
       3,810                                                 7,963
          Gentex    Corp
      16,120                              HSBC                    5,803
          Genuine    Parts   Co                  Bank   of  America    Merrill    Lynch
      (20,250)                                                (195,615)
          Genuine    Parts   Co                  Barclays     Bank
      (1,820)                                                (10,119)
          Genuine    Parts   Co                  Goldam    Sachs
      (10,570)                                                (102,106)
          Gilead    Sciences     Inc                 Bank   of  America    Merrill    Lynch
      35,101                                                (38,611)
          Gilead    Sciences     Inc                 JP  Morgan
       9,015                                                (21,005)
          Global    Payments     Inc                 Barclays     Bank
      (12,079)                                                 (17,152)
          Globe   Life   Inc                    Barclays     Bank
      (8,020)                                                (26,947)
          Globe   Life   Inc                    Credit    Suisse
      (2,900)                                                (24,594)
          Globe   Life   Inc
      (2,300)                              HSBC                   (18,307)
          GoDaddy    Inc  ’A’                   Bank   of  America    Merrill    Lynch
      36,482                                                 (6,202)
          GoDaddy    Inc  ’A’                   Barclays     Bank
      41,160                                                 27,989
          GoDaddy    Inc  ’A’                   Goldam    Sachs
       3,010                                                 (512)
          GoDaddy    Inc  ’A’                   JP  Morgan
       7,770                                                10,023
          Goodyear     Tire   & Rubber    Co              Bank   of  America    Merrill    Lynch
      69,889                                                 85,963
          Goodyear     Tire   & Rubber    Co              Barclays     Bank
      238,249                                                 113,168
          Goodyear     Tire   & Rubber    Co
      44,290                              Citibank                   21,038
          Goodyear     Tire   & Rubber    Co              Credit    Suisse
      43,580                                                 16,996
          Goodyear     Tire   & Rubber    Co              Goldam    Sachs
      616,750                                                 758,603
          Goodyear     Tire   & Rubber    Co
      18,680                              HSBC                    7,285
          Graco   Inc                      Goldam    Sachs
      (35,900)                                                (147,190)
          GrafTech     International       Ltd              Bank   of  America    Merrill    Lynch
      (23,100)                                                 (23,793)
          GrafTech     International       Ltd              JP  Morgan
      (40,990)                                                 18,036
          Graham    Holdings     Co  ’B’                Bank   of  America    Merrill    Lynch
       3,216                                                86,157
          Graham    Holdings     Co  ’B’                Barclays     Bank
       8,675                                                36,435
          Graham    Holdings     Co  ’B’
       3,210                             Citibank                   13,482
          Graham    Holdings     Co  ’B’                Credit    Suisse
        455                                               (9,136)
          Graham    Holdings     Co  ’B’                Goldam    Sachs
       1,790                                                47,954
          Graham    Holdings     Co  ’B’
        23                            HSBC                    (462)
          Grand   Canyon    Education     Inc              Goldam    Sachs
      11,860                                                 9,488
          Graphic    Packaging     Holding    Co            Bank   of  America    Merrill    Lynch
      24,030                                                 39,890
          Graphic    Packaging     Holding    Co            Barclays     Bank
      84,630                                                 88,015
          Graphic    Packaging     Holding    Co
      61,670                              Citibank                   64,137
          Graphic    Packaging     Holding    Co
      11,770                              HSBC                   10,005
          Grubhub    Inc                     Bank   of  America    Merrill    Lynch
      (24,465)                                                 11,499
          Grubhub    Inc                     Barclays     Bank
      (3,050)                                                 8,693
                                178/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          米国（続き）
          Grubhub    Inc                     Goldam    Sachs
      (34,790)                                                 16,351
          Guardant     Health    Inc                 Bank   of  America    Merrill    Lynch
      (32,327)                                                 282,861
          Guardant     Health    Inc                 Goldam    Sachs
      (12,520)                                                 109,550
          Guardant     Health    Inc
      (2,730)                              HSBC                   (1,638)
          Guidewire     Software     Inc                Bank   of  America    Merrill    Lynch
      (4,766)                                                (43,323)
          Guidewire     Software     Inc                Barclays     Bank
      (42,482)                                                 (69,246)
          H&R  Block   Inc                    Bank   of  America    Merrill    Lynch
      250,900                                                 326,170
          H&R  Block   Inc                    Barclays     Bank
      49,970                                                  (500)
          H&R  Block   Inc                    Credit    Suisse
      43,810                                                 40,728
          H&R  Block   Inc                    Goldam    Sachs
      45,170                                                 58,721
          H&R  Block   Inc                    JP  Morgan
      33,970                                                 24,119
          Hain   Celestial     Group   Inc               Bank   of  America    Merrill    Lynch
      (25,482)                                                 (27,266)
          Hain   Celestial     Group   Inc
      (70,598)                              Citibank                  (111,545)
          Hain   Celestial     Group   Inc               Credit    Suisse
      (44,624)                                                 (43,732)
          Halliburton      Co                   Barclays     Bank
      (96,520)                                                 (10,617)
          Halliburton      Co                   Goldam    Sachs
      (43,770)                                                 (82,288)
          Hanesbrands      Inc                   Bank   of  America    Merrill    Lynch
      17,630                                                 21,861
          Hanesbrands      Inc                   Goldam    Sachs
      15,760                                                 19,542
          Hanover    Insurance     Group   Inc             Bank   of  America    Merrill    Lynch
       9,338                                                145,206
          Hanover    Insurance     Group   Inc             Barclays     Bank
      16,490                                                 66,455
          Hanover    Insurance     Group   Inc             Credit    Suisse
       1,820                                                17,279
          Hanover    Insurance     Group   Inc             Goldam    Sachs
      23,210                                                360,916
          Hanover    Insurance     Group   Inc
       1,910                             HSBC                   32,361
          Hanover    Insurance     Group   Inc             JP  Morgan
       5,230                                                34,120
          Harley-Davidson        Inc                 Bank   of  America    Merrill    Lynch
      (73,630)                                                (157,568)
          Harley-Davidson        Inc                 Barclays     Bank
      (7,800)                                                 20,124
          Harley-Davidson        Inc
      (17,400)                              Citibank                   44,892
          Harley-Davidson        Inc                 Credit    Suisse
      (5,570)                                                (15,124)
          Harley-Davidson        Inc
      (19,587)                              HSBC                   (6,855)
          Harley-Davidson        Inc                 JP  Morgan
      (19,470)                                                 (22,567)
          Hartford     Financial     Services     Group   Inc        Barclays     Bank
      21,040                                                 31,350
          Hartford     Financial     Services     Group   Inc        Goldam    Sachs
      30,690                                                160,509
          Hasbro    Inc                      Bank   of  America    Merrill    Lynch
      (24,250)                                                (210,732)
          Hasbro    Inc                      Barclays     Bank
      (12,760)                                                 (86,768)
          Hasbro    Inc                      Goldam    Sachs
      (1,742)                                                (15,138)
          Hawaiian     Electric     Industries      Inc           Barclays     Bank
      13,230                                                 19,845
          HCA  Healthcare      Inc                  Barclays     Bank
       2,732                                                (1,311)
          HCA  Healthcare      Inc
      30,647                              Citibank                   (14,711)
          HCA  Healthcare      Inc                  Goldam    Sachs
      12,280                                                 91,732
          HCA  Healthcare      Inc
       2,316                             HSBC                   (3,960)
          HCA  Healthcare      Inc                  JP  Morgan
      11,880                                                (20,315)
          HD  Supply    Holdings     Inc                Bank   of  America    Merrill    Lynch
        763                                                2,892
          HD  Supply    Holdings     Inc                Barclays     Bank
      15,640                                                 9,697
          HD  Supply    Holdings     Inc                Credit    Suisse
      15,579                                                 23,836
          HD  Supply    Holdings     Inc                Goldam    Sachs
      69,500                                                263,405
                                179/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          米国（続き）
          HD  Supply    Holdings     Inc
      63,429                              HSBC                   97,046
          HEICO   Corp                      Bank   of  America    Merrill    Lynch
      (1,750)                                                (32,673)
          HEICO   Corp                      Barclays     Bank
      (3,010)                                                (23,659)
          HEICO   Corp
      (8,430)                              HSBC                  (134,540)
          Helmerich     & Payne   Inc                Barclays     Bank
      49,930                                                 81,885
          Helmerich     & Payne   Inc
       7,810                             Citibank                   12,808
          Helmerich     & Payne   Inc                Credit    Suisse
      21,850                                                 46,322
          Helmerich     & Payne   Inc                Goldam    Sachs
      104,830                                                 241,109
          Henry   Schein    Inc                   Bank   of  America    Merrill    Lynch
      42,304                                                384,543
          Henry   Schein    Inc                   Credit    Suisse
       2,241                                                15,284
          Henry   Schein    Inc                   Goldam    Sachs
      43,870                                                398,778
          Henry   Schein    Inc
       3,517                             HSBC                   23,986
          Herbalife     Nutrition     Ltd               Barclays     Bank
        890                                                1,531
          Herbalife     Nutrition     Ltd
       3,860                             Citibank                    6,639
          Herbalife     Nutrition     Ltd               Goldam    Sachs
      21,550                                                 72,624
          Hershey    Co                     Bank   of  America    Merrill    Lynch
      19,040                                                 91,582
          Hershey    Co                     Barclays     Bank
      21,890                                                107,918
          Hershey    Co
       5,359                             Citibank                   26,420
          Hershey    Co                     Goldam    Sachs
      12,870                                                 61,905
          Hershey    Co                     JP  Morgan
       2,681                                                 5,362
          Hess   Corp                       Barclays     Bank
      (96,500)                                                 (36,670)
          Hess   Corp                       Goldam    Sachs
      (45,020)                                                (153,518)
          Hewlett    Packard    Enterprise      Co            Bank   of  America    Merrill    Lynch
       9,340                                                 3,129
          Hewlett    Packard    Enterprise      Co            Barclays     Bank
      208,360                                                 57,299
          Hewlett    Packard    Enterprise      Co            Goldam    Sachs
      79,260                                                 26,552
          Hexcel    Corp                      Goldam    Sachs
      26,370                                                196,193
          Hexcel    Corp
       1,910                             HSBC                   10,161
          Hexcel    Corp                      JP  Morgan
       4,410                                                32,333
          Hill-Rom     Holdings     Inc                Barclays     Bank
       3,870                                                13,893
          Hilton    Grand   Vacations     Inc              Bank   of  America    Merrill    Lynch
     (107,301)                                                 (425,985)
          HollyFrontier       Corp                  Barclays     Bank
      53,040                                                 22,277
          Hologic    Inc                     Barclays     Bank
      67,980                                                (10,197)
          Home   Depot   Inc                    Bank   of  America    Merrill    Lynch
       6,780                                                43,663
          Home   Depot   Inc                    Barclays     Bank
      10,970                                                 42,673
          Home   Depot   Inc                    JP  Morgan
       3,300                                                37,422
          Honeywell     International       Inc             Bank   of  America    Merrill    Lynch
      (5,530)                                                (109,383)
          Honeywell     International       Inc             Barclays     Bank
      (1,440)                                                 (8,654)
          Honeywell     International       Inc
      (5,050)                              HSBC                   (41,814)
          Horizon    Therapeutics       Plc               Goldam    Sachs
      (47,990)                                                (137,731)
          Hormel    Foods   Corp                   Barclays     Bank
     (172,200)                                                 (144,648)
          Howmet    Aerospace     Inc                 Bank   of  America    Merrill    Lynch
      (50,803)                                                (115,831)
          Howmet    Aerospace     Inc                 Barclays     Bank
      (12,830)                                                 (8,724)
          HP  Inc                        Bank   of  America    Merrill    Lynch
      107,360                                                  6,442
          HP  Inc                        Barclays     Bank
      91,380                                                (190,070)
          HP  Inc                        Credit    Suisse
      118,203                                                 (87,470)
                                180/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          米国（続き）
          HP  Inc                        Goldam    Sachs
      278,200                                                 16,692
          HP  Inc
      68,009                              HSBC                   (50,327)
          Hubbell    Inc                     Bank   of  America    Merrill    Lynch
       9,920                                                85,808
          Hubbell    Inc                     Barclays     Bank
      12,493                                                 67,212
          Hubbell    Inc                     Credit    Suisse
       2,740                                                 (630)
          Hubbell    Inc                     Goldam    Sachs
      18,330                                                158,555
          Hubbell    Inc
       4,340                             HSBC                    (998)
          HubSpot    Inc                     Goldam    Sachs
      (3,530)                                                (31,735)
          Humana    Inc                      Barclays     Bank
        500                                                4,880
          Humana    Inc                      Credit    Suisse
       1,620                                                43,238
          Humana    Inc                      Goldam    Sachs
       2,410                                                14,388
          Humana    Inc
        440                            HSBC                   11,744
          Huntington      Bancshares      Inc              Bank   of  America    Merrill    Lynch
      (61,150)                                                 (84,081)
          Huntington      Bancshares      Inc              Barclays     Bank
     (260,980)                                                 (204,869)
          Huntington      Bancshares      Inc
      (9,958)                              Citibank                   (7,817)
          Huntington      Bancshares      Inc              JP  Morgan
      (78,730)                                                 (18,108)
          Huntington      Ingalls    Industries      Inc          Barclays     Bank
      (7,990)                                                (116,255)
          Huntsman     Corp                     Bank   of  America    Merrill    Lynch
     (124,995)                                                 (364,985)
          Huntsman     Corp                     Barclays     Bank
     (187,632)                                                 (67,548)
          Huntsman     Corp                     Credit    Suisse
      (11,193)                                                 (22,946)
          Huntsman     Corp                     Goldam    Sachs
      (62,680)                                                (183,026)
          Huntsman     Corp
      (25,080)                              HSBC                   (51,414)
          Huntsman     Corp                     JP  Morgan
      (12,610)                                                 (36,120)
          Hyatt   Hotels    Corp   ’A’
      (3,080)                              Citibank                   (5,082)
          Hyatt   Hotels    Corp   ’A’                Credit    Suisse
      (3,620)                                                 (4,706)
                                    Bank   of  America    Merrill    Lynch
       4,400    IAC/interactivecorp                                            141,636
                                    Barclays     Bank
       4,020    IAC/interactivecorp                                             45,426
                                    Credit    Suisse
        732   IAC/interactivecorp                                             27,274
       1,370    IAC/interactivecorp                          HSBC                   51,046
                                    JP  Morgan
        930   IAC/interactivecorp                                             34,652
          ICU  Medical    Inc                   Bank   of  America    Merrill    Lynch
       (809)                                                (8,713)
          ICU  Medical    Inc                   Barclays     Bank
      (1,010)                                                 (5,757)
          ICU  Medical    Inc                   Goldam    Sachs
      (16,730)                                                (180,182)
          IDACORP    Inc                     Barclays     Bank
      93,306                                                306,044
          IDEX   Corp                       Bank   of  America    Merrill    Lynch
      (1,010)                                                 (9,029)
          IDEX   Corp                       Barclays     Bank
      (1,110)                                                 (7,670)
          IDEX   Corp                       Credit    Suisse
       (850)                                                (9,551)
          IDEX   Corp                       Goldam    Sachs
      (2,320)                                                (20,741)
          IDEXX   Laboratories       Inc                Bank   of  America    Merrill    Lynch
       8,683                                                103,588
          IDEXX   Laboratories       Inc                Goldam    Sachs
       7,300                                                87,089
          IDEXX   Laboratories       Inc
        840                            HSBC                   15,464
          IHS  Markit    Ltd                    Barclays     Bank
      (12,130)                                                 (27,050)
          Illinois     Tool   Works   Inc               Bank   of  America    Merrill    Lynch
       5,880                                                93,668
          Illinois     Tool   Works   Inc
       2,460                             Citibank                   19,336
          Illinois     Tool   Works   Inc               Credit    Suisse
       8,120                                                86,072
                                181/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          米国（続き）
          Illinois     Tool   Works   Inc               JP  Morgan
       2,500                                                26,500
          Illumina     Inc                     Goldam    Sachs
       1,850                                                68,080
          Illumina     Inc                     JP  Morgan
        940                                               58,214
          Incyte    Corp                      Bank   of  America    Merrill    Lynch
       9,970                                                44,267
          Incyte    Corp                      Goldam    Sachs
      55,230                                                245,221
          Ingersoll     Rand   Inc                  Bank   of  America    Merrill    Lynch
      (95,083)                                                (160,690)
          Ingersoll     Rand   Inc                  Barclays     Bank
      (88,231)                                                 37,939
          Ingersoll     Rand   Inc
       3,402                             Citibank                   (1,463)
          Ingersoll     Rand   Inc                  Credit    Suisse
      (43,976)                                                 46,615
          Ingersoll     Rand   Inc                  Goldam    Sachs
      (61,379)                                                (103,731)
          Ingersoll     Rand   Inc
      (19,075)                              HSBC                   20,220
          Ingersoll     Rand   Inc                  JP  Morgan
      (7,644)                                                 8,103
          Ingredion     Inc                    Bank   of  America    Merrill    Lynch
      (3,090)                                                (15,728)
          Ingredion     Inc                    Barclays     Bank
      (30,070)                                                (110,658)
          Ingredion     Inc                    Goldam    Sachs
      (3,160)                                                (16,084)
          Insulet    Corp
       1,060                             Citibank                   (5,470)
          Insulet    Corp                     JP  Morgan
        510                                               (19,732)
          Integra    LifeSciences       Holdings     Corp          Goldam    Sachs
      (23,271)                                                (118,449)
          Intel   Corp                      Bank   of  America    Merrill    Lynch
      15,640                                                 68,503
          Intel   Corp                      Barclays     Bank
      12,160                                                 4,925
          Intel   Corp                      Credit    Suisse
      22,050                                                 66,814
          Intel   Corp                      Goldam    Sachs
      59,020                                                258,508
          Intel   Corp
      48,990                              HSBC                   (12,233)
          Interactive      Brokers    Group   Inc  ’A’          Bank   of  America    Merrill    Lynch
      (35,738)                                                (186,552)
          Interactive      Brokers    Group   Inc  ’A’          Credit    Suisse
      (35,522)                                                 (47,244)
          Interactive      Brokers    Group   Inc  ’A’          Goldam    Sachs
      (68,320)                                                (356,630)
          Intercontinental         Exchange     Inc            Bank   of  America    Merrill    Lynch
      23,980                                                 39,087
          Intercontinental         Exchange     Inc            Barclays     Bank
      30,260                                                 40,246
          Intercontinental         Exchange     Inc            Credit    Suisse
       5,960                                                 9,417
          Intercontinental         Exchange     Inc
      10,940                              HSBC                   17,285
          Intercontinental         Exchange     Inc            JP  Morgan
       5,480                                                 8,658
          International       Business     Machines     Corp         Bank   of  America    Merrill    Lynch
      (9,830)                                                (55,933)
          International       Business     Machines     Corp         Barclays     Bank
      (2,700)                                                (11,556)
          International       Business     Machines     Corp
      (2,340)                              Citibank                   (10,015)
          International       Business     Machines     Corp         Credit    Suisse
      (5,780)                                                 1,850
          International       Business     Machines     Corp         Goldam    Sachs
      (1,420)                                                 (8,080)
          International       Business     Machines     Corp         JP  Morgan
      (1,640)                                                  525
          International       Flavors    & Fragrances      Inc        Credit    Suisse
      (27,883)                                                 57,160
          International       Flavors    & Fragrances      Inc
      (32,011)                              HSBC                   65,623
          International       Flavors    & Fragrances      Inc        JP  Morgan
      (1,010)                                                 (4,461)
          International       Game   Technology      Plc          Barclays     Bank
     (105,950)                                                 (51,916)
          International       Game   Technology      Plc
      (23,830)                              Citibank                   (11,677)
          International       Paper   Co               Barclays     Bank
      (9,590)                                                (14,385)
          Interpublic      Group   of  Cos  Inc             Barclays     Bank
      85,270                                                 28,992
          Interpublic      Group   of  Cos  Inc             Goldam    Sachs
      75,200                                                109,040
                                182/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          米国（続き）
          Intuit    Inc                      Bank   of  America    Merrill    Lynch
       8,420                                                 7,578
          Intuit    Inc                      Barclays     Bank
      21,670                                                (50,274)
          Intuit    Inc
       4,050                             Citibank                   (9,396)
          Intuit    Inc                      Goldam    Sachs
       5,070                                                 4,563
          Intuitive     Surgical     Inc                Bank   of  America    Merrill    Lynch
      (1,805)                                                (98,517)
          Invesco    Ltd                     Credit    Suisse
      (54,310)                                                  5,703
          Invesco    Ltd
      (36,070)                              HSBC                    3,787
          Ionis   Pharmaceuticals        Inc              Bank   of  America    Merrill    Lynch
       6,490                                                21,936
          Ionis   Pharmaceuticals        Inc              Barclays     Bank
      12,430                                                 24,611
          Ionis   Pharmaceuticals        Inc
      10,800                              Citibank                   21,384
          Ionis   Pharmaceuticals        Inc              Credit    Suisse
       8,020                                                16,441
          Ionis   Pharmaceuticals        Inc              Goldam    Sachs
       5,140                                                17,373
          Ionis   Pharmaceuticals        Inc
      11,150                              HSBC                   22,858
          Ionis   Pharmaceuticals        Inc              JP  Morgan
       4,290                                                 8,795
          IPG  Photonics     Corp                  Bank   of  America    Merrill    Lynch
      (25,773)                                                (141,236)
          IPG  Photonics     Corp                  Barclays     Bank
      (16,790)                                                 96,207
          IPG  Photonics     Corp                  Goldam    Sachs
      (16,993)                                                 (93,122)
          IQVIA   Holdings     Inc                  Barclays     Bank
      (9,310)                                                (42,361)
          ITT  Inc                       Bank   of  America    Merrill    Lynch
      10,100                                                 85,244
          ITT  Inc                       Barclays     Bank
      23,320                                                 62,731
          ITT  Inc
      21,622                              Citibank                   58,163
          ITT  Inc                       Credit    Suisse
        80                                                449
          ITT  Inc                       Goldam    Sachs
      49,480                                                417,611
          ITT  Inc                       JP  Morgan
      12,890                                                 72,313
          Jabil   Inc                      Barclays     Bank
       3,060                                                 2,448
          Jabil   Inc                      Goldam    Sachs
      59,463                                                111,790
          Jack   Henry   & Associates      Inc             Barclays     Bank
      (8,940)                                                 70,894
          Jack   Henry   & Associates      Inc             Goldam    Sachs
      (2,240)                                                 24,192
          Jacobs    Engineering      Group   Inc             Bank   of  America    Merrill    Lynch
      (27,160)                                                (311,525)
          Jacobs    Engineering      Group   Inc             Barclays     Bank
      (35,550)                                                (230,364)
          Jacobs    Engineering      Group   Inc             Credit    Suisse
      (4,720)                                                (55,140)
          Jacobs    Engineering      Group   Inc             Goldam    Sachs
      (59,190)                                                (678,909)
          Jacobs    Engineering      Group   Inc
      (5,276)                              HSBC                   (19,046)
          Janus   Henderson     Group   Plc              Barclays     Bank
     (307,750)                                                 (390,842)
          Janus   Henderson     Group   Plc              Goldam    Sachs
      (69,310)                                                (280,705)
          Jazz   Pharmaceuticals        Plc               Bank   of  America    Merrill    Lynch
       1,390                                                11,509
          Jazz   Pharmaceuticals        Plc               Goldam    Sachs
       4,820                                                39,910
          Jazz   Pharmaceuticals        Plc
       6,070                             HSBC                   54,630
          JB  Hunt   Transport     Services     Inc            Bank   of  America    Merrill    Lynch
      (9,260)                                                (199,460)
          JB  Hunt   Transport     Services     Inc            Barclays     Bank
      (8,880)                                                (99,634)
          JB  Hunt   Transport     Services     Inc            Goldam    Sachs
      (7,850)                                                (169,089)
          Jefferies     Financial     Group   Inc            Barclays     Bank
      (65,030)                                                 (81,288)
          Jefferies     Financial     Group   Inc
      (13,680)                              Citibank                   (17,100)
          Jefferies     Financial     Group   Inc            Goldam    Sachs
      (37,700)                                                 (75,777)
          Jefferies     Financial     Group   Inc
      (13,140)                              HSBC                   (27,859)
                                183/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          米国（続き）
          Jefferies     Financial     Group   Inc            JP  Morgan
      (18,080)                                                 (7,232)
          JetBlue    Airways    Corp                 Bank   of  America    Merrill    Lynch
      45,030                                                 79,253
          JetBlue    Airways    Corp                 Barclays     Bank
      177,490                                                 134,892
          JetBlue    Airways    Corp
      88,100                              Citibank                   66,956
          JetBlue    Airways    Corp                 Goldam    Sachs
      185,200                                                 325,952
          JetBlue    Airways    Corp
      59,560                              HSBC                   54,200
          JetBlue    Airways    Corp                 JP  Morgan
      20,790                                                 18,919
          JM  Smucker    Co                    Bank   of  America    Merrill    Lynch
      (5,513)                                                 18,083
          JM  Smucker    Co                    Barclays     Bank
      (2,060)                                                 (5,953)
          JM  Smucker    Co                    Goldam    Sachs
      (21,330)                                                 69,962
          John   Wiley   & Sons   Inc  ’A’              Barclays     Bank
       7,310                                                13,597
          John   Wiley   & Sons   Inc  ’A’
       4,220                             Citibank                    7,849
          John   Wiley   & Sons   Inc  ’A’              Goldam    Sachs
       7,980                                                36,788
          John   Wiley   & Sons   Inc  ’A’
       9,030                             HSBC                   37,168
          Johnson    & Johnson                    Bank   of  America    Merrill    Lynch
       9,738                                                (29,117)
          Johnson    & Johnson                    Goldam    Sachs
      10,690                                                (31,963)
          Johnson    Controls     International       Plc          Barclays     Bank
       9,000                                                15,840
          JPMorgan     Chase   & Co                 Bank   of  America    Merrill    Lynch
      (3,120)                                                (38,881)
          JPMorgan     Chase   & Co                 Goldam    Sachs
      (10,440)                                                (130,103)
          Juniper    Networks     Inc                 Bank   of  America    Merrill    Lynch
      84,225                                                 57,273
          Juniper    Networks     Inc                 Barclays     Bank
       8,020                                                 3,769
          Juniper    Networks     Inc                 Goldam    Sachs
      43,000                                                 29,240
          Kansas    City   Southern                   Bank   of  America    Merrill    Lynch
       4,990                                                84,880
          Kansas    City   Southern                   Barclays     Bank
        980                                                3,538
          Kansas    City   Southern                   Goldam    Sachs
      11,680                                                198,677
          Kansas    City   Southern
       1,880                             HSBC                   26,752
          KAR  Auction    Services     Inc               Goldam    Sachs
      (12,560)                                                 (30,018)
          KAR  Auction    Services     Inc
      (28,110)                              HSBC                   (29,797)
          Kellogg    Co                     Barclays     Bank
      (16,460)                                                 (43,454)
          Kellogg    Co                     Goldam    Sachs
      (7,290)                                                 (4,811)
          Kemper    Corp                      Bank   of  America    Merrill    Lynch
      (1,770)                                                 (8,691)
          Kemper    Corp                      Barclays     Bank
      (26,160)                                                 (15,434)
          Kemper    Corp                      Credit    Suisse
      (5,560)                                                 11,732
          Kemper    Corp                      Goldam    Sachs
      (2,380)                                                (11,686)
          Keurig    Dr  Pepper    Inc                 Bank   of  America    Merrill    Lynch
      (84,796)                                                (137,370)
          Keurig    Dr  Pepper    Inc                 Goldam    Sachs
      (24,070)                                                 (38,993)
          Keurig    Dr  Pepper    Inc
      (20,348)                              HSBC                   (32,150)
                                    Bank   of  America    Merrill    Lynch
      (94,130)     KeyCorp                                            (192,496)
                                    Barclays     Bank
      (47,310)     KeyCorp                                            (48,493)
          Keysight     Technologies       Inc              Bank   of  America    Merrill    Lynch
       5,820                                                68,152
          Keysight     Technologies       Inc              Barclays     Bank
       2,530                                                11,208
          Keysight     Technologies       Inc
       2,260                             Citibank                   10,012
          Keysight     Technologies       Inc              Credit    Suisse
      14,990                                                 86,942
          Keysight     Technologies       Inc              Goldam    Sachs
      11,110                                                130,098
          Kimberly-Clark        Corp                  Barclays     Bank
       1,660                                                 2,341
                                184/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          米国（続き）
          Kinder    Morgan    Inc                  Credit    Suisse
      16,900                                                 6,008
          Kirby   Corp                      Bank   of  America    Merrill    Lynch
      (17,303)                                                 (80,805)
          Kirby   Corp                      Barclays     Bank
      (19,120)                                                 (53,727)
          Kirby   Corp
      (3,190)                              Citibank                   (8,964)
          Kirby   Corp                      Credit    Suisse
      (9,730)                                                  778
          Kirby   Corp                      Goldam    Sachs
      (38,934)                                                (181,822)
          KLA  Corp
      (3,380)                              Citibank                   (15,075)
          KLA  Corp                       Goldam    Sachs
      (2,160)                                                (21,665)
          KLA  Corp                       JP  Morgan
      (1,200)                                                 (7,152)
          Knight-Swift       Transportation        Holdings     Inc       Bank   of  America    Merrill    Lynch
      (56,829)                                                (212,540)
          Knight-Swift       Transportation        Holdings     Inc       Barclays     Bank
      (32,060)                                                 (51,296)
          Knight-Swift       Transportation        Holdings     Inc       Goldam    Sachs
      (90,020)                                                (336,675)
          Kohl’s    Corp                     Bank   of  America    Merrill    Lynch
      30,620                                                 50,829
          Kohl’s    Corp                     Barclays     Bank
      19,220                                                 33,058
          Kohl’s    Corp                     Credit    Suisse
       3,860                                                 3,860
          Kohl’s    Corp                     Goldam    Sachs
      32,270                                                 53,568
          Kohl’s    Corp                     JP  Morgan
      11,230                                                 11,230
          Kosmos    Energy    Ltd                  Bank   of  America    Merrill    Lynch
      28,070                                                 6,175
          Kosmos    Energy    Ltd                  Barclays     Bank
      45,890                                                 (3,671)
          Kosmos    Energy    Ltd
      43,290                              Citibank                   (3,463)
          Kosmos    Energy    Ltd                  Credit    Suisse
      64,950                                                 19,485
          Kosmos    Energy    Ltd                  Goldam    Sachs
      29,720                                                 6,538
          Kosmos    Energy    Ltd
      202,970                              HSBC                   60,891
          Kosmos    Energy    Ltd                  JP  Morgan
      109,670                                                 32,901
          Kraft   Heinz   Co                   Barclays     Bank
     (246,810)                                                 (14,809)
          Kraft   Heinz   Co                   Goldam    Sachs
      (23,780)                                                 (19,262)
          Kroger    Co                      Goldam    Sachs
       3,510                                                (2,492)
          L Brands    Inc                     Bank   of  America    Merrill    Lynch
      10,040                                                 51,104
          L Brands    Inc                     Barclays     Bank
      12,010                                                 10,449
          L3Harris     Technologies       Inc              Bank   of  America    Merrill    Lynch
      (6,250)                                                (109,813)
          L3Harris     Technologies       Inc              Barclays     Bank
      (10,270)                                                (142,753)
          L3Harris     Technologies       Inc              Goldam    Sachs
      (10,900)                                                (191,513)
          Laboratory      Corp   of  America    Holdings            Barclays     Bank
      (7,000)                                                (31,150)
          Laboratory      Corp   of  America    Holdings            Credit    Suisse
      (1,750)                                                (12,863)
          Laboratory      Corp   of  America    Holdings            Goldam    Sachs
      (1,300)                                                 (9,334)
          Laboratory      Corp   of  America    Holdings
      (6,000)                              HSBC                   (44,100)
          Lam  Research     Corp                   Barclays     Bank
      12,430                                                140,708
          Lamb   Weston    Holdings     Inc               Goldam    Sachs
       9,910                                                58,865
          Lamb   Weston    Holdings     Inc
       5,090                             HSBC                   (17,866)
          Landstar     System    Inc                 Goldam    Sachs
      (1,320)                                                (16,196)
          Las  Vegas   Sands   Corp                 Bank   of  America    Merrill    Lynch
      (32,080)                                                 (95,278)
          Las  Vegas   Sands   Corp                 Barclays     Bank
      (55,570)                                                 (46,123)
          Las  Vegas   Sands   Corp                 Goldam    Sachs
      (3,680)                                                (10,930)
          Lear   Corp                       Bank   of  America    Merrill    Lynch
      (6,890)                                                (61,872)
          Lear   Corp                       Barclays     Bank
      (5,520)                                                 5,299
                                185/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          米国（続き）
          Lear   Corp                       Goldam    Sachs
      (3,910)                                                (35,112)
          Lear   Corp                       JP  Morgan
      (3,210)                                                 (9,855)
          Legg   Mason   Inc                    Barclays     Bank
      (5,810)                                                  (523)
          Legg   Mason   Inc                    Credit    Suisse
      (11,370)                                                 (1,592)
          Leidos    Holdings     Inc                 Bank   of  America    Merrill    Lynch
      (5,270)                                                (35,678)
          Leidos    Holdings     Inc                 Barclays     Bank
      (5,200)                                                (13,676)
          Leidos    Holdings     Inc                 Goldam    Sachs
      (1,000)                                                 (6,770)
          Leidos    Holdings     Inc
      (1,690)                              HSBC                   (1,504)
          LendingTree      Inc                   Barclays     Bank
      (6,153)                                                (68,298)
          Lennar    Corp   ’A’                   Bank   of  America    Merrill    Lynch
      (4,180)                                                (41,967)
          Lennar    Corp   ’A’                   Goldam    Sachs
      (4,530)                                                (45,481)
          Lennar    Corp   ’B’                   Bank   of  America    Merrill    Lynch
      (3,720)                                                (25,222)
          Lennar    Corp   ’B’                   Barclays     Bank
      (24,228)                                                 (1,454)
          Lennar    Corp   ’B’
      (6,239)                              Citibank                    (374)
          Lennar    Corp   ’B’                   Credit    Suisse
      (8,870)                                                (38,939)
          Lennar    Corp   ’B’                   Goldam    Sachs
      (7,134)                                                (48,369)
          Lennar    Corp   ’B’
      (7,628)                              HSBC                   (33,487)
          Lennox    International       Inc               Bank   of  America    Merrill    Lynch
      (1,240)                                                (36,989)
          Lennox    International       Inc               Barclays     Bank
      (2,130)                                                (26,242)
          Lennox    International       Inc               Goldam    Sachs
        (80)                                               (2,386)
          Liberty    Broadband     Corp                Bank   of  America    Merrill    Lynch
       2,300                                                27,278
          Liberty    Media   Corp-Liberty       Formula    One  ’A’      Barclays     Bank
      (47,188)                                                (117,970)
          Liberty    Media   Corp-Liberty       Formula    One  ’A’      Credit    Suisse
      (5,670)                                                (23,814)
          Liberty    Media   Corp-Liberty       Formula    One  ’A’      Goldam    Sachs
      (5,590)                                                (26,888)
          Liberty    Media   Corp-Liberty       Formula    One  ’A’      JP  Morgan
      (4,670)                                                (19,614)
          Liberty    Media   Corp-Liberty       SiriusXM     (Rights)       Bank   of  America    Merrill    Lynch
       4,947                                                52,537
          Liberty    Media   Corp-Liberty       SiriusXM     (Rights)       Barclays     Bank
      16,212                                                 53,824
          Liberty    Media   Corp-Liberty       SiriusXM     (Rights)       Goldam    Sachs
       7,235                                                76,836
          Liberty    Media   Corp-Liberty       SiriusXM     ’C’       Bank   of  America    Merrill    Lynch
      52,684                                                221,273
          Liberty    Media   Corp-Liberty       SiriusXM     ’C’       Barclays     Bank
      172,659                                                 521,430
          Liberty    Media   Corp-Liberty       SiriusXM     ’C’       Goldam    Sachs
      77,060                                                323,652
          Lincoln    Electric     Holdings     Inc
      (3,530)                              HSBC                   (30,040)
          Lincoln    National     Corp                 Bank   of  America    Merrill    Lynch
      (84,043)                                                (440,385)
          Lincoln    National     Corp                 Barclays     Bank
      (2,250)                                                 (6,728)
          Lincoln    National     Corp                 Goldam    Sachs
      (33,010)                                                (172,972)
          Lincoln    National     Corp                 JP  Morgan
      (15,610)                                                 (20,917)
          Linde   Plc                      Credit    Suisse
       2,670                                                34,016
          Linde   Plc                      Goldam    Sachs
       2,250                                                41,760
          Linde   Plc                      JP  Morgan
       2,310                                                29,429
          Littelfuse      Inc                    Bank   of  America    Merrill    Lynch
      (25,885)                                                (565,328)
          Littelfuse      Inc                    Barclays     Bank
      (6,050)                                                (32,791)
                                186/270





                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          米国（続き）
          Littelfuse      Inc                    Credit    Suisse
      (9,792)                                                (144,628)
          Littelfuse      Inc                    Goldam    Sachs
      (20,313)                                                (443,636)
          Live   Nation    Entertainment       Inc            Bank   of  America    Merrill    Lynch
      (21,430)                                                (174,440)
          Live   Nation    Entertainment       Inc            Barclays     Bank
      (32,710)                                                 (55,934)
          LKQ  Corp                       Bank   of  America    Merrill    Lynch
      26,050                                                 94,041
          LKQ  Corp                       Barclays     Bank
      25,830                                                 48,431
          LKQ  Corp                       Goldam    Sachs
      15,480                                                 55,883
          LKQ  Corp                       JP  Morgan
        410                                                 381
          Loews   Corp                      Barclays     Bank
      (28,410)                                                 (36,081)
          LogMeIn    Inc                     Barclays     Bank
      52,881                                                 29,613
          Lowe’s    Cos  Inc                   Credit    Suisse
       1,040                                                16,623
          Lowe’s    Cos  Inc
       1,020                             HSBC                   21,007
          LPL  Financial     Holdings     Inc              Bank   of  America    Merrill    Lynch
      33,362                                                305,596
          LPL  Financial     Holdings     Inc              Barclays     Bank
       7,990                                                32,759
          LPL  Financial     Holdings     Inc              Goldam    Sachs
      41,920                                                383,987
          Lululemon     Athletica     Inc               Bank   of  America    Merrill    Lynch
        490                                               20,600
          Lululemon     Athletica     Inc               Barclays     Bank
       2,800                                                34,720
          Lululemon     Athletica     Inc               Goldam    Sachs
       2,080                                                87,443
          Lyft   Inc  ’A’                     Bank   of  America    Merrill    Lynch
      (35,540)                                                (116,571)
          Lyft   Inc  ’A’                     Barclays     Bank
      (85,170)                                                 (14,479)
          Lyft   Inc  ’A’                     Goldam    Sachs
      (6,460)                                                (21,189)
          LyondellBasell        Industries      NV  ’A’           Credit    Suisse
      (1,130)                                                 (7,232)
          LyondellBasell        Industries      NV  ’A’
      (12,282)                              HSBC                   (78,605)
          M&T  Bank   Corp                     Bank   of  America    Merrill    Lynch
      (3,810)                                                (62,713)
          M&T  Bank   Corp                     Barclays     Bank
      (1,350)                                                (10,193)
          M&T  Bank   Corp                     Credit    Suisse
      (1,080)                                                  (767)
          M&T  Bank   Corp                     Goldam    Sachs
      (3,640)                                                (59,914)
          Mack-Cali     Realty    Corp   (REIT)
        (8)                            Citibank                     (6)
          Macquarie     Infrastructure        Corp             Bank   of  America    Merrill    Lynch
      (33,495)                                                 (30,815)
          Macy’s    Inc                     Barclays     Bank
      290,600                                                 390,857
          Macy’s    Inc                     Goldam    Sachs
      93,000                                                115,785
          Madison    Square    Garden    Entertainment       Corp       Barclays     Bank
      (15,600)                                                 (39,624)
          Madison    Square    Garden    Sports     C 
        910                            HSBC                   10,626
          Magna   International       Inc               Bank   of  America    Merrill    Lynch
      55,800                                                273,420
          Magna   International       Inc               Barclays     Bank
      77,800                                                164,936
          Magna   International       Inc               Goldam    Sachs
      94,700                                                464,030
          Manhattan     Associates      Inc               Bank   of  America    Merrill    Lynch
      44,649                                                684,023
          Manhattan     Associates      Inc               Credit    Suisse
       3,510                                                38,154
          Manhattan     Associates      Inc               Goldam    Sachs
      31,730                                                486,104
          ManpowerGroup       Inc                  Bank   of  America    Merrill    Lynch
       6,287                                                40,803
          ManpowerGroup       Inc                  Barclays     Bank
       6,710                                                 3,892
          ManpowerGroup       Inc
       3,324                             Citibank                    1,928
          ManpowerGroup       Inc                  Credit    Suisse
       7,560                                                (4,536)
          ManpowerGroup       Inc
      34,750                              HSBC                   (20,850)
          Marathon     Oil  Corp                   Barclays     Bank
      307,930                                                (117,013)
                                187/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          米国（続き）
          Marathon     Oil  Corp
        552                            Citibank                    (210)
          Marathon     Oil  Corp
      88,831                              HSBC                   (23,984)
          Marathon     Petroleum     Corp                Barclays     Bank
      (12,120)                                                 10,908
          Marathon     Petroleum     Corp                Goldam    Sachs
      (72,894)                                                (318,547)
          Markel    Corp                      Bank   of  America    Merrill    Lynch
       (372)                                               (29,935)
          MarketAxess      Holdings     Inc               Bank   of  America    Merrill    Lynch
        330                                                1,700
          MarketAxess      Holdings     Inc               Barclays     Bank
       1,350                                                14,688
          MarketAxess      Holdings     Inc
        250                            Citibank                    2,720
          MarketAxess      Holdings     Inc
       3,030                             HSBC                   26,906
          Marriott     International       Inc  ’A’            Bank   of  America    Merrill    Lynch
      (69,815)                                                (700,943)
          Marriott     International       Inc  ’A’            Credit    Suisse
      (3,480)                                                 (9,152)
          Marriott     International       Inc  ’A’            Goldam    Sachs
      (46,870)                                                (470,575)
          Marriott     International       Inc  ’A’
      (8,720)                              HSBC                   (22,934)
          Marsh   & McLennan     Cos  Inc               Bank   of  America    Merrill    Lynch
      13,150                                                 16,701
          Marsh   & McLennan     Cos  Inc               Barclays     Bank
      12,040                                                 14,930
          Marsh   & McLennan     Cos  Inc               Goldam    Sachs
      19,360                                                 24,587
          Martin    Marietta     Materials     Inc            Barclays     Bank
      (4,570)                                                (62,426)
          Martin    Marietta     Materials     Inc            Goldam    Sachs
      (1,400)                                                (35,392)
          Marvell    Technology      Group   Ltd             Bank   of  America    Merrill    Lynch
     (187,071)                                                (1,192,578)
          Marvell    Technology      Group   Ltd
      (90,730)                              Citibank                  (234,537)
          Marvell    Technology      Group   Ltd             Goldam    Sachs
      (42,166)                                                (268,808)
          Masco   Corp                      Bank   of  America    Merrill    Lynch
      78,281                                                249,716
          Masco   Corp                      Barclays     Bank
      12,970                                                 14,137
          Masco   Corp
       3,910                             Citibank                    4,262
          Masco   Corp                      Goldam    Sachs
      16,810                                                 53,624
          Masco   Corp
       5,850                             HSBC                   30,387
          Masco   Corp                      JP  Morgan
      31,880                                                120,188
          Masimo    Corp                      Bank   of  America    Merrill    Lynch
       6,710                                                (43,481)
          Masimo    Corp
        790                            Citibank                   (3,429)
          Masimo    Corp                      Credit    Suisse
       3,810                                                10,928
          Masimo    Corp                      Goldam    Sachs
       5,230                                                (33,890)
          Masimo    Corp                      JP  Morgan
        480                                                2,496
          Match   Group   Inc                   Bank   of  America    Merrill    Lynch
       8,425                                                93,939
          Match   Group   Inc                   Barclays     Bank
        670                                                2,941
          Match   Group   Inc                   Goldam    Sachs
       9,900                                                110,385
          Maxim   Integrated      Products     Inc            Goldam    Sachs
      65,440                                                313,458
          McCormick     & Co  Inc                  Bank   of  America    Merrill    Lynch
      (5,860)                                                 30,765
          McCormick     & Co  Inc                  Barclays     Bank
      (6,440)                                                 (5,538)
          McCormick     & Co  Inc                  Goldam    Sachs
      (1,500)                                                 7,875
          McDonald’s      Corp                   Bank   of  America    Merrill    Lynch
       1,780                                                25,169
          McDonald’s      Corp                   Barclays     Bank
       3,690                                                13,063
          McDonald’s      Corp                   Goldam    Sachs
       3,630                                                51,328
          McKesson     Corp                     Bank   of  America    Merrill    Lynch
      (1,328)                                                (25,989)
          McKesson     Corp                     Barclays     Bank
      (2,530)                                                (16,698)
          McKesson     Corp                     JP  Morgan
      (6,110)                                                (122,506)
                                188/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          米国（続き）
          MDU  Resources     Group   Inc               Bank   of  America    Merrill    Lynch
      83,070                                                157,833
          MDU  Resources     Group   Inc               Barclays     Bank
      140,413                                                 85,652
          MDU  Resources     Group   Inc               Credit    Suisse
      98,610                                                (11,833)
          MDU  Resources     Group   Inc               Goldam    Sachs
      10,920                                                 20,748
          MEDNAX    Inc                      Bank   of  America    Merrill    Lynch
      16,770                                                 28,341
          MEDNAX    Inc                      Goldam    Sachs
      40,000                                                 67,600
          Medtronic     Plc                    Credit    Suisse
      (2,450)                                                 (1,421)
          Medtronic     Plc
      (2,870)                              HSBC                    5,625
          Merck   & Co  Inc                    Bank   of  America    Merrill    Lynch
      12,720                                                 (5,851)
          Merck   & Co  Inc
      11,733                              Citibank                   34,612
          Merck   & Co  Inc                    Credit    Suisse
       6,120                                                17,870
          Merck   & Co  Inc                    Goldam    Sachs
      31,810                                                (14,633)
          Merck   & Co  Inc
       8,570                             HSBC                   25,024
          Merck   & Co  Inc                    JP  Morgan
      33,903                                                 98,997
          Mercury    General    Corp                 Bank   of  America    Merrill    Lynch
      (20,561)                                                 (43,384)
          Mercury    General    Corp                 Barclays     Bank
      (53,926)                                                 (45,298)
          MetLife    Inc                     Bank   of  America    Merrill    Lynch
      (20,330)                                                 (80,507)
          MetLife    Inc                     Barclays     Bank
      (5,250)                                                (12,285)
          MetLife    Inc                     Goldam    Sachs
      (21,980)                                                 (87,041)
          MetLife    Inc
      (35,660)                              HSBC                   (16,404)
          Mettler-Toledo        International       Inc           Bank   of  America    Merrill    Lynch
       1,860                                                175,751
          Mettler-Toledo        International       Inc           Goldam    Sachs
        290                                               27,402
          MGIC   Investment      Corp                 Bank   of  America    Merrill    Lynch
      145,730                                                 234,625
          MGIC   Investment      Corp                 Barclays     Bank
      380,680                                                 266,476
          MGIC   Investment      Corp                 Goldam    Sachs
      86,530                                                139,313
          MGM  Resorts    International                   Barclays     Bank
      29,080                                                 35,187
          MGM  Resorts    International                   Goldam    Sachs
      124,815                                                 406,897
          Microchip     Technology      Inc               Bank   of  America    Merrill    Lynch
      (12,970)                                                (168,091)
          Microchip     Technology      Inc               Barclays     Bank
      (2,060)                                                (17,922)
          Microchip     Technology      Inc               Credit    Suisse
      (15,714)                                                (107,012)
          Microchip     Technology      Inc               Goldam    Sachs
      (4,150)                                                (53,784)
          Microchip     Technology      Inc               JP  Morgan
      (14,960)                                                (101,878)
          Microsoft     Corp                    Goldam    Sachs
       9,300                                                24,418
          Middleby     Corp                     Bank   of  America    Merrill    Lynch
      (9,970)                                                (66,301)
          Middleby     Corp                     Barclays     Bank
      (3,930)                                                (16,231)
          MKS  Instruments      Inc                 Bank   of  America    Merrill    Lynch
      (5,260)                                                (65,119)
          MKS  Instruments      Inc                 Barclays     Bank
      (4,858)                                                (25,796)
          MKS  Instruments      Inc
      (4,960)                              Citibank                   (26,338)
          MKS  Instruments      Inc                 Credit    Suisse
      (7,216)                                                (22,730)
          MKS  Instruments      Inc                 Goldam    Sachs
      (29,519)                                                (365,445)
          MKS  Instruments      Inc                 JP  Morgan
       (360)                                                (1,134)
          Moderna    Inc                     Barclays     Bank
      (3,010)                                                 35,036
          Moderna    Inc                     Goldam    Sachs
      (8,000)                                                 74,640
          Molina    Healthcare      Inc                Bank   of  America    Merrill    Lynch
       (430)                                                (5,255)
          Molina    Healthcare      Inc                Barclays     Bank
      (6,390)                                                (73,038)
                                189/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          米国（続き）
          Molina    Healthcare      Inc                Goldam    Sachs
      (5,030)                                                (61,467)
          Molson    Coors   Beverage     Co  ’B’             Bank   of  America    Merrill    Lynch
      (49,010)                                                 (63,713)
          Molson    Coors   Beverage     Co  ’B’             Barclays     Bank
      (38,210)                                                 (31,332)
          Molson    Coors   Beverage     Co  ’B’             Credit    Suisse
      (20,360)                                                 25,246
          Molson    Coors   Beverage     Co  ’B’             Goldam    Sachs
      (44,760)                                                 (58,188)
          Mondelez     International       Inc  ’A’            Bank   of  America    Merrill    Lynch
      19,274                                                 28,526
          Mondelez     International       Inc  ’A’            Barclays     Bank
      16,090                                                 27,997
          Mondelez     International       Inc  ’A’            Goldam    Sachs
      13,220                                                 19,566
          MongoDB    Inc                     Barclays     Bank
      (5,280)                                                 (9,082)
          MongoDB    Inc                     Goldam    Sachs
      (5,430)                                                (139,660)
          Monolithic      Power   Systems    Inc             Barclays     Bank
      (16,470)                                                (111,173)
          Monster    Beverage     Corp                 Barclays     Bank
       6,880                                                12,109
          Monster    Beverage     Corp                 Goldam    Sachs
      18,160                                                 80,994
          Moody’s     Corp                     Bank   of  America    Merrill    Lynch
       1,820                                                28,301
          Moody’s     Corp                     Barclays     Bank
       7,510                                                75,400
          Moody’s     Corp                     Goldam    Sachs
       2,920                                                45,406
          Moody’s     Corp                     JP  Morgan
       2,590                                                39,135
          Morningstar      Inc                   Bank   of  America    Merrill    Lynch
       3,300                                                16,467
          Morningstar      Inc                   Barclays     Bank
      14,645                                                127,412
          Morningstar      Inc                   Credit    Suisse
       3,700                                                18,332
          Morningstar      Inc                   Goldam    Sachs
       9,478                                                47,295
          Morningstar      Inc
       1,100                             HSBC                    7,667
          Mosaic    Co                      Barclays     Bank
     (192,928)                                                 (84,888)
          Mosaic    Co                      Goldam    Sachs
      (95,180)                                                (182,746)
          Motorola     Solutions     Inc                Bank   of  America    Merrill    Lynch
      35,444                                                196,714
          Motorola     Solutions     Inc                Goldam    Sachs
      15,150                                                 84,083
          MSCI   Inc                       Bank   of  America    Merrill    Lynch
       6,330                                                (73,934)
          MSCI   Inc
        560                            Citibank                   (4,721)
          MSCI   Inc
       2,050                             HSBC                   (8,282)
          MSCI   Inc                       JP  Morgan
        380                                               (1,535)
          Murphy    Oil  Corp                    Bank   of  America    Merrill    Lynch
     (263,041)                                                 (231,476)
          Murphy    Oil  Corp                    Barclays     Bank
     (107,230)                                                  10,723
          Murphy    Oil  Corp                    Goldam    Sachs
     (124,310)                                                 (109,393)
          Mylan   NV                      Barclays     Bank
      (49,790)                                                 (63,980)
          Mylan   NV
      (30,830)                              Citibank                   (39,617)
          Mylan   NV                      Credit    Suisse
      (46,480)                                                 29,980
          Mylan   NV                      Goldam    Sachs
     (125,340)                                                 (221,225)
          Nasdaq    Inc                      Bank   of  America    Merrill    Lynch
      12,610                                                 61,032
          Nasdaq    Inc                      Barclays     Bank
      24,800                                                 39,184
          Nasdaq    Inc
       4,450                             HSBC                   41,519
          National     Fuel   Gas  Co                Barclays     Bank
       9,474                                                (8,337)
          National     Instruments      Corp               Bank   of  America    Merrill    Lynch
      69,377                                                156,098
          National     Instruments      Corp               Barclays     Bank
       7,080                                                 6,160
          National     Instruments      Corp               Credit    Suisse
      16,703                                                 7,683
          National     Instruments      Corp               Goldam    Sachs
      19,329                                                 43,490
                                190/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
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                                                     （米ドル）
          米国（続き）
          National     Instruments      Corp
      11,640                              HSBC                   28,122
          National     Oilwell    Varco   Inc              Bank   of  America    Merrill    Lynch
       7,260                                                 7,333
          National     Oilwell    Varco   Inc              Barclays     Bank
      33,070                                                 14,551
          National     Oilwell    Varco   Inc              Goldam    Sachs
      17,900                                                 18,079
          National     Oilwell    Varco   Inc
       9,263                             HSBC                   (6,114)
          Navient    Corp                     Bank   of  America    Merrill    Lynch
      123,630                                                 95,195
          Navient    Corp                     Barclays     Bank
      375,880                                                 180,422
          Navient    Corp                     Goldam    Sachs
      45,490                                                 35,027
          NCR  Corp                       Barclays     Bank
      (7,680)                                                 (5,069)
          NCR  Corp                       Goldam    Sachs
      (27,630)                                                 (60,786)
          NCR  Corp                       JP  Morgan
      (8,120)                                                (17,324)
          Nektar    Therapeutics                      Bank   of  America    Merrill    Lynch
      (73,233)                                                 13,182
          Nektar    Therapeutics                      Goldam    Sachs
      (68,590)                                                 12,346
          NetApp    Inc                      Barclays     Bank
      96,950                                                (74,652)
          Netflix    Inc                     Goldam    Sachs
      (3,270)                                                121,252
          Neurocrine      Biosciences      Inc              Barclays     Bank
       4,690                                                (17,588)
          Neurocrine      Biosciences      Inc              Goldam    Sachs
      22,400                                                101,920
          New  Relic   Inc                    Bank   of  America    Merrill    Lynch
       2,630                                                 3,366
          New  Relic   Inc                    Barclays     Bank
       4,750                                                 6,460
          New  Relic   Inc                    Goldam    Sachs
       3,770                                                 4,826
          New  Relic   Inc                    JP  Morgan
      12,440                                                 82,353
          New  York   Community     Bancorp    Inc            Barclays     Bank
     (281,880)                                                 (273,424)
          New  York   Times   Co  ’A’                Bank   of  America    Merrill    Lynch
      (35,146)                                                 (86,108)
          New  York   Times   Co  ’A’                Barclays     Bank
      (57,801)                                                 (53,177)
          New  York   Times   Co  ’A’                Goldam    Sachs
      (7,750)                                                (18,988)
          Newell    Brands    Inc                  Bank   of  America    Merrill    Lynch
     (155,479)                                                 (244,102)
          Newell    Brands    Inc                  Credit    Suisse
      (56,384)                                                 (48,490)
          Newell    Brands    Inc                  Goldam    Sachs
     (148,390)                                                 (232,972)
          NewMarket     Corp                    Barclays     Bank
       5,870                                                25,182
          NewMarket     Corp                    Credit    Suisse
       2,580                                                31,553
          NewMarket     Corp
        390                            HSBC                    4,770
          Newmont    Corp                     Bank   of  America    Merrill    Lynch
      (6,600)                                                 57,090
          Newmont    Corp                     Barclays     Bank
      (3,000)                                                 11,400
          Newmont    Corp                     Credit    Suisse
      (8,660)                                                 45,898
          Nexstar    Media   Group   Inc  ’A’             Bank   of  America    Merrill    Lynch
      (14,875)                                                (123,016)
          Nexstar    Media   Group   Inc  ’A’             Barclays     Bank
      (32,820)                                                 (39,384)
          Nexstar    Media   Group   Inc  ’A’             Goldam    Sachs
      (10,390)                                                 (85,925)
          NextEra    Energy    Inc                  Bank   of  America    Merrill    Lynch
        60                                               1,504
          NextEra    Energy    Inc                  Goldam    Sachs
       4,890                                                122,592
          Nielsen    Holdings     Plc                 Barclays     Bank
       8,290                                                 5,389
          Nielsen    Holdings     Plc                 Goldam    Sachs
      68,950                                                105,494
          NIKE   Inc  ’B’                     Bank   of  America    Merrill    Lynch
        700                                                7,889
          NIKE   Inc  ’B’                     Barclays     Bank
      39,010                                                175,935
          NIKE   Inc  ’B’
       2,720                             Citibank                   12,267
          NIKE   Inc  ’B’                     Credit    Suisse
        619                                                4,828
                                191/270



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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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          米国（続き）
          NIKE   Inc  ’B’                     Goldam    Sachs
       3,020                                                34,035
          NiSource     Inc                     Bank   of  America    Merrill    Lynch
       1,330                                                 1,796
          NiSource     Inc                     Barclays     Bank
      80,040                                                 50,425
          NiSource     Inc                     JP  Morgan
      30,950                                                 13,928
          Noble   Energy    Inc                   Bank   of  America    Merrill    Lynch
      (15,500)                                                 (7,208)
          Noble   Energy    Inc                   Barclays     Bank
      (11,580)                                                 11,175
          Noble   Energy    Inc                   Credit    Suisse
      (24,140)                                                 21,605
          Noble   Energy    Inc                   Goldam    Sachs
      (34,340)                                                 (15,968)
          Nordson    Corp                     Bank   of  America    Merrill    Lynch
      (7,717)                                                (172,166)
          Nordson    Corp                     Barclays     Bank
      (17,821)                                                (189,437)
          Nordson    Corp                     JP  Morgan
      (1,696)                                                (31,308)
          Nordstrom     Inc                    Bank   of  America    Merrill    Lynch
      37,014                                                 3,331
          Nordstrom     Inc                    Goldam    Sachs
      56,840                                                 5,116
          Norfolk    Southern     Corp                 Bank   of  America    Merrill    Lynch
      (21,683)                                                (382,705)
          Norfolk    Southern     Corp                 Barclays     Bank
      (7,380)                                                (48,265)
          Norfolk    Southern     Corp                 Credit    Suisse
       (780)                                               (13,104)
          Norfolk    Southern     Corp                 Goldam    Sachs
      (10,420)                                                (183,913)
          Northern     Trust   Corp                  Barclays     Bank
      10,200                                                 52,938
          Northern     Trust   Corp                  Goldam    Sachs
       6,400                                                50,816
          NortonLifeLock        Inc                  Barclays     Bank
      73,450                                                 53,251
          NortonLifeLock        Inc
      27,300                              Citibank                   19,793
          NortonLifeLock        Inc
       8,750                             HSBC                    6,629
          NortonLifeLock        Inc                  JP  Morgan
      46,610                                                (14,915)
          NRG  Energy    Inc                    Bank   of  America    Merrill    Lynch
      53,995                                                172,784
          NRG  Energy    Inc                    Credit    Suisse
      118,630                                                 359,449
          NRG  Energy    Inc                    Goldam    Sachs
      25,127                                                 80,406
          NRG  Energy    Inc
       9,119                             HSBC                   27,631
          Nu  Skin   Enterprises      Inc  ’A’             Barclays     Bank
      91,207                                                 93,031
          Nu  Skin   Enterprises      Inc  ’A’             Credit    Suisse
       6,270                                                 4,138
          Nu  Skin   Enterprises      Inc  ’A’             Goldam    Sachs
      27,291                                                 70,138
          Nu  Skin   Enterprises      Inc  ’A’             JP  Morgan
       3,930                                                 9,013
          Nuance    Communications        Inc              Bank   of  America    Merrill    Lynch
      13,470                                                 37,447
          Nuance    Communications        Inc              Barclays     Bank
      21,750                                                 28,493
          Nuance    Communications        Inc
      14,870                              Citibank                   19,480
          Nuance    Communications        Inc
       6,390                             HSBC                   18,431
          Nuance    Communications        Inc              JP  Morgan
      12,050                                                 27,584
          Nucor   Corp                      Bank   of  America    Merrill    Lynch
      (8,820)                                                (29,635)
          Nucor   Corp                      Credit    Suisse
      (11,550)                                                 (7,558)
          Nucor   Corp                      Goldam    Sachs
      (12,850)                                                 (43,176)
          Nucor   Corp                      JP  Morgan
      (5,450)                                                 4,197
          Nutanix    Inc  ’A’                   Bank   of  America    Merrill    Lynch
      (42,268)                                                (146,036)
          Nutanix    Inc  ’A’                   Goldam    Sachs
     (121,125)                                                 (418,487)
          Nutrien    Ltd                     Barclays     Bank
      (14,140)                                                 (16,544)
          Nutrien    Ltd                     Credit    Suisse
      (14,290)                                                  7,267
          Nutrien    Ltd                     Goldam    Sachs
      (8,710)                                                (20,991)
                                192/270



                                                          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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                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          米国（続き）
          nVent   Electric     Plc                  Goldam    Sachs
      33,080                                                 41,350
          NVR  Inc                       Bank   of  America    Merrill    Lynch
        51                                               22,180
          NVR  Inc                       Barclays     Bank
        400                                               38,440
          NVR  Inc                       Goldam    Sachs
        870                                               378,363
          Occidental      Petroleum     Corp               Barclays     Bank
      (4,078)                                                 4,241
          Occidental      Petroleum     Corp               Goldam    Sachs
     (401,980)                                                 293,445
          OGE  Energy    Corp                    Bank   of  America    Merrill    Lynch
      99,666                                                277,071
          OGE  Energy    Corp                    Barclays     Bank
      10,240                                                 5,222
          OGE  Energy    Corp                    Credit    Suisse
      38,469                                                 10,002
          OGE  Energy    Corp                    Goldam    Sachs
      40,269                                                111,948
          O-I  Glass   Inc                    Bank   of  America    Merrill    Lynch
      (99,040)                                                (130,733)
          O-I  Glass   Inc                    Barclays     Bank
      (38,000)                                                 (17,480)
          O-I  Glass   Inc                    Credit    Suisse
      (2,510)                                                  552
          O-I  Glass   Inc                    Goldam    Sachs
     (123,136)                                                 (162,540)
          O-I  Glass   Inc
      (31,260)                              HSBC                    6,877
          Okta   Inc                       Goldam    Sachs
      (15,970)                                                (165,928)
          Old  Dominion     Freight    Line   Inc            Barclays     Bank
      (10,470)                                                 (93,497)
          Old  Dominion     Freight    Line   Inc
       (750)                             Citibank                   (6,698)
          Old  Dominion     Freight    Line   Inc            Credit    Suisse
      (1,005)                                                (15,035)
          Old  Dominion     Freight    Line   Inc            Goldam    Sachs
      (11,205)                                                (209,197)
          Old  Dominion     Freight    Line   Inc
       (255)                             HSBC                   (3,815)
          Old  Republic     International       Corp            Bank   of  America    Merrill    Lynch
      65,020                                                 87,777
          Old  Republic     International       Corp            Barclays     Bank
      77,150                                                 43,976
          Old  Republic     International       Corp
      40,470                              Citibank                   23,068
          Old  Republic     International       Corp            Credit    Suisse
      55,240                                                 15,710
          Old  Republic     International       Corp            Goldam    Sachs
      17,730                                                 23,936
          Old  Republic     International       Corp
      11,760                              HSBC                   (3,058)
          Olin   Corp                       Bank   of  America    Merrill    Lynch
     (165,663)                                                 (152,410)
          Olin   Corp                       Barclays     Bank
     (224,380)                                                 (204,186)
          Olin   Corp                       Credit    Suisse
     (145,530)                                                 (27,862)
          Olin   Corp                       Goldam    Sachs
     (102,210)                                                 (94,033)
          Olin   Corp
      (48,230)                              HSBC                    9,646
          Ollie’s     Bargain    Outlet    Holdings     Inc         Bank   of  America    Merrill    Lynch
      (59,890)                                               (1,230,739)
          Ollie’s     Bargain    Outlet    Holdings     Inc         Barclays     Bank
      (11,130)                                                 (93,381)
          Omnicom    Group   Inc                  Bank   of  America    Merrill    Lynch
      30,195                                                 92,699
          ON  Semiconductor       Corp                 Bank   of  America    Merrill    Lynch
      (41,760)                                                 (89,366)
          ON  Semiconductor       Corp                 Barclays     Bank
      (31,520)                                                 (17,336)
          ON  Semiconductor       Corp                 Credit    Suisse
      (14,850)                                                 12,326
          ON  Semiconductor       Corp                 Goldam    Sachs
      (26,350)                                                 (56,389)
          OneMain    Holdings     Inc                 Bank   of  America    Merrill    Lynch
      10,390                                                 38,651
          OneMain    Holdings     Inc                 Barclays     Bank
      116,696                                                 263,733
          OneMain    Holdings     Inc                 Goldam    Sachs
      31,680                                                117,850
          ONEOK   Inc                      Barclays     Bank
       3,740                                                 1,608
          ONEOK   Inc
       6,250                             Citibank                    2,688
          Oracle    Corp                      Barclays     Bank
      (19,030)                                                 (17,698)
                                193/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          米国（続き）
          Oracle    Corp                      Goldam    Sachs
      (19,150)                                                 (12,065)
          O’Reilly     Automotive      Inc               Bank   of  America    Merrill    Lynch
       5,780                                                46,124
          O’Reilly     Automotive      Inc               Barclays     Bank
       3,830                                                38,721
          O’Reilly     Automotive      Inc               Credit    Suisse
        400                                                5,036
          O’Reilly     Automotive      Inc               Goldam    Sachs
       2,050                                                16,359
          Oshkosh    Corp                     Goldam    Sachs
       8,950                                                89,948
          Ovintiv    Inc                     Barclays     Bank
      102,318                                                 (42,462)
          Ovintiv    Inc                     Credit    Suisse
         8                                                17
          Owens   Corning                      Barclays     Bank
        (20)                                                 (62)
          Owens   Corning                      Credit    Suisse
      (24,839)                                                (196,476)
          PACCAR    Inc                      Bank   of  America    Merrill    Lynch
      (1,690)                                                (10,258)
          PACCAR    Inc                      Barclays     Bank
      (3,190)                                                (14,291)
          PACCAR    Inc
      (5,250)                              HSBC                   (17,220)
          Packaging     Corp   of  America                Bank   of  America    Merrill    Lynch
      (5,540)                                                (50,054)
          Packaging     Corp   of  America                Barclays     Bank
      (17,620)                                                (122,723)
          Packaging     Corp   of  America                Credit    Suisse
      (3,150)                                                 (5,717)
          Packaging     Corp   of  America                Goldam    Sachs
      (7,280)                                                (65,775)
          Packaging     Corp   of  America
      (3,470)                              HSBC                   (6,298)
          Packaging     Corp   of  America                JP  Morgan
      (3,040)                                                 (5,518)
          PacWest    Bancorp                     Barclays     Bank
      (22,400)                                                 (25,088)
          PacWest    Bancorp                     Goldam    Sachs
      (22,640)                                                 (42,563)
          PagerDuty     Inc                    Barclays     Bank
      (57,981)                                                 110,164
          PagerDuty     Inc
      (34,538)                              HSBC                   (48,699)
          Palo   Alto   Networks     Inc                Bank   of  America    Merrill    Lynch
       (810)                                                (6,286)
          Palo   Alto   Networks     Inc                Barclays     Bank
      (3,310)                                                 24,295
          Parker-Hannifin        Corp                 Bank   of  America    Merrill    Lynch
      (2,230)                                                (54,568)
          Parker-Hannifin        Corp                 Barclays     Bank
      (4,840)                                                (52,659)
          Parker-Hannifin        Corp                 Goldam    Sachs
      (31,550)                                                (772,028)
          Parsley    Energy    Inc  ’A’                Barclays     Bank
      64,850                                                (23,995)
          Patterson-UTI       Energy    Inc               Bank   of  America    Merrill    Lynch
      116,843                                                 91,722
          Patterson-UTI       Energy    Inc               Goldam    Sachs
      341,159                                                 267,810
          Paychex    Inc                     Bank   of  America    Merrill    Lynch
      33,403                                                264,886
          Paychex    Inc
      27,966                              Citibank                   105,711
          Paychex    Inc                     Goldam    Sachs
      38,840                                                308,001
          Paychex    Inc
      48,721                              HSBC                   207,064
          Paycom    Software     Inc                 Bank   of  America    Merrill    Lynch
      (1,447)                                                (44,162)
          Paycom    Software     Inc                 Goldam    Sachs
      (7,340)                                                (224,017)
          Paylocity     Holding    Corp                Credit    Suisse
      (3,070)                                                (26,992)
          Paylocity     Holding    Corp                Goldam    Sachs
      (1,920)                                                (24,307)
          PayPal    Holdings     Inc                 Bank   of  America    Merrill    Lynch
       1,320                                                 5,729
          PayPal    Holdings     Inc                 Barclays     Bank
       7,800                                                (7,878)
          PayPal    Holdings     Inc                 Credit    Suisse
       3,360                                                16,430
          PayPal    Holdings     Inc                 Goldam    Sachs
       3,100                                                13,454
          PBF  Energy    Inc  ’A’                  Bank   of  America    Merrill    Lynch
      12,900                                                 19,995
          PBF  Energy    Inc  ’A’
      11,720                              Citibank                    2,110
                                194/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          米国（続き）
          PBF  Energy    Inc  ’A’                  Credit    Suisse
      10,890                                                  109
          Pebblebrook      Hotel   Trust   (REIT)             Credit    Suisse
         1                                                 2
          Pegasystems      Inc                   Barclays     Bank
      (4,860)                                                (11,858)
          Penske    Automotive      Group   Inc             JP  Morgan
       3,740                                                19,475
          Pentair    Plc                     Bank   of  America    Merrill    Lynch
      20,593                                                116,762
          Pentair    Plc                     Barclays     Bank
      15,711                                                 42,105
          Pentair    Plc
      10,171                              Citibank                   27,258
          Pentair    Plc                     Credit    Suisse
       3,733                                                15,156
          Pentair    Plc                     Goldam    Sachs
       3,670                                                20,809
          Pentair    Plc                     JP  Morgan
      25,522                                                103,619
          Penumbra     Inc                     Credit    Suisse
      (8,888)                                                 49,151
          People’s     United    Financial     Inc            Bank   of  America    Merrill    Lynch
      (11,640)                                                 (8,730)
          People’s     United    Financial     Inc            Barclays     Bank
      (53,010)                                                 (30,216)
          People’s     United    Financial     Inc
      (22,950)                              Citibank                   (13,082)
          People’s     United    Financial     Inc            Credit    Suisse
      (58,320)                                                 36,742
          People’s     United    Financial     Inc            JP  Morgan
      (12,910)                                                  8,133
          PepsiCo    Inc                     Bank   of  America    Merrill    Lynch
       2,150                                                (9,976)
          PepsiCo    Inc                     Barclays     Bank
      33,070                                                 27,448
          PepsiCo    Inc
      12,900                              Citibank                   10,707
          PepsiCo    Inc                     Goldam    Sachs
       1,910                                                (8,862)
          PepsiCo    Inc                     JP  Morgan
       6,689                                                (19,532)
          PerkinElmer      Inc                   Bank   of  America    Merrill    Lynch
      (9,275)                                                (63,812)
          PerkinElmer      Inc                   Barclays     Bank
      (4,060)                                                (25,700)
          PerkinElmer      Inc
      (1,400)                              Citibank                   (8,862)
          PerkinElmer      Inc                   Goldam    Sachs
      (48,790)                                                (335,675)
          Perrigo    Co  Plc                    Barclays     Bank
      (28,220)                                                 (6,208)
          Perrigo    Co  Plc                    Goldam    Sachs
      (77,930)                                                (135,598)
          Pfizer    Inc                      Bank   of  America    Merrill    Lynch
      (52,040)                                                 (17,173)
          Pfizer    Inc                      Barclays     Bank
      (18,520)                                                 (10,927)
          Pfizer    Inc
      (27,420)                              HSBC                   (23,855)
          PG&E   Corp                       Bank   of  America    Merrill    Lynch
      10,690                                                 4,490
          PG&E   Corp
      12,620                              HSBC                    2,019
          Philip    Morris    International       Inc           Goldam    Sachs
      (3,110)                                                (13,000)
          Phillips     66                     Goldam    Sachs
      13,760                                                 98,522
          Pilgrim’s      Pride   Corp                 Bank   of  America    Merrill    Lynch
      (30,288)                                                 13,630
          Pilgrim’s      Pride   Corp                 Barclays     Bank
      (14,100)                                                  7,473
          Pilgrim’s      Pride   Corp                 Goldam    Sachs
      (45,040)                                                 20,268
          Pinnacle     Financial     Partners     Inc           Barclays     Bank
      55,190                                                176,056
          Pinnacle     West   Capital    Corp              Bank   of  America    Merrill    Lynch
       5,663                                                24,464
          Pioneer    Natural    Resources     Co            Bank   of  America    Merrill    Lynch
      (7,261)                                                (56,418)
          Pioneer    Natural    Resources     Co            Barclays     Bank
      (5,910)                                                 10,579
          Pioneer    Natural    Resources     Co            Goldam    Sachs
      (9,840)                                                (76,457)
          Planet    Fitness    Inc  ’A’                Bank   of  America    Merrill    Lynch
      22,040                                                281,781
          Planet    Fitness    Inc  ’A’                Credit    Suisse
       3,100                                                50,284
          Pluralsight      Inc  ’A’                 Bank   of  America    Merrill    Lynch
      (46,640)                                                 (79,754)
                                195/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          米国（続き）
          Pluralsight      Inc  ’A’                 Barclays     Bank
      (92,400)                                                 76,692
          Polaris    Inc                     Bank   of  America    Merrill    Lynch
       4,270                                                58,670
          Polaris    Inc                     Barclays     Bank
       6,620                                                26,281
          Polaris    Inc                     Credit    Suisse
       1,610                                                23,764
          Polaris    Inc                     Goldam    Sachs
      26,430                                                363,148
          Polaris    Inc
        240                            HSBC                    3,542
          Pool   Corp                       Barclays     Bank
       1,950                                                44,285
          Popular    Inc                     Bank   of  America    Merrill    Lynch
      61,754                                                272,953
          Popular    Inc                     Barclays     Bank
      58,585                                                114,827
          Post   Holdings     Inc                  Barclays     Bank
      (59,990)                                                (166,172)
          PPG  Industries      Inc                  Bank   of  America    Merrill    Lynch
       9,730                                                140,501
          PPG  Industries      Inc                  Barclays     Bank
       9,990                                                51,748
          PPG  Industries      Inc
       6,980                             Citibank                   36,156
          PPG  Industries      Inc                  Credit    Suisse
       5,690                                                53,372
          PPG  Industries      Inc                  Goldam    Sachs
      38,160                                                551,030
          PPG  Industries      Inc
       6,120                             HSBC                   57,406
          PPL  Corp                       Barclays     Bank
      (54,560)                                                 (96,026)
          PRA  Health    Sciences     Inc               Credit    Suisse
       1,270                                                14,525
          Principal     Financial     Group   Inc            Bank   of  America    Merrill    Lynch
      (2,000)                                                 (9,840)
          Principal     Financial     Group   Inc            Barclays     Bank
      (82,560)                                                (151,910)
          Principal     Financial     Group   Inc
       (810)                             Citibank                   (1,490)
          Principal     Financial     Group   Inc            Goldam    Sachs
      (1,990)                                                 (9,791)
          Procter    & Gamble    Co                 Bank   of  America    Merrill    Lynch
        240                                                 343
          Procter    & Gamble    Co                 Barclays     Bank
      18,790                                                 64,638
          Procter    & Gamble    Co                 Goldam    Sachs
       3,110                                                 4,447
          Procter    & Gamble    Co
       3,490                             HSBC                     314
          Progressive      Corp                   Bank   of  America    Merrill    Lynch
      (11,080)                                                 (7,424)
          Progressive      Corp                   Barclays     Bank
      (7,290)                                                (15,746)
          Progressive      Corp                   Credit    Suisse
      (9,060)                                                (23,647)
          Progressive      Corp                   Goldam    Sachs
      (18,100)                                                 (12,127)
          Proofpoint      Inc                    Bank   of  America    Merrill    Lynch
      (2,190)                                                 3,438
          Proofpoint      Inc                    Barclays     Bank
      (6,120)                                                (10,526)
          Proofpoint      Inc                    Credit    Suisse
       (990)                                                7,059
          Proofpoint      Inc                    Goldam    Sachs
      (7,230)                                                 11,351
          Prosperity      Bancshares      Inc              Bank   of  America    Merrill    Lynch
      (19,703)                                                (170,825)
          Prosperity      Bancshares      Inc              Goldam    Sachs
      (36,530)                                                (316,715)
          Prosperity      Bancshares      Inc
      (5,850)                              HSBC                   (35,068)
          Prosperity      Bancshares      Inc              JP  Morgan
      (2,100)                                                 (9,513)
          Prudential      Financial     Inc               Bank   of  America    Merrill    Lynch
      (98,440)                                                (720,581)
          Prudential      Financial     Inc               Barclays     Bank
      (13,920)                                                 (55,262)
          Prudential      Financial     Inc               Credit    Suisse
       (230)                                                 (292)
          Prudential      Financial     Inc               Goldam    Sachs
      (61,680)                                                (451,498)
          Prudential      Financial     Inc
      (9,240)                              HSBC                   (44,850)
          PTC  Inc                       Bank   of  America    Merrill    Lynch
      (29,523)                                                (288,440)
          PTC  Inc                       Credit    Suisse
      (26,223)                                                 (84,438)
                                196/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          米国（続き）
          PTC  Inc                       Goldam    Sachs
      (8,580)                                                (83,827)
          PulteGroup      Inc                    Bank   of  America    Merrill    Lynch
      27,250                                                180,395
          PulteGroup      Inc                    Barclays     Bank
      15,460                                                 15,924
          PulteGroup      Inc                    Goldam    Sachs
      32,060                                                212,237
          Pure   Storage    Inc  ’A’                 Bank   of  America    Merrill    Lynch
      43,276                                                146,706
          Pure   Storage    Inc  ’A’                 Barclays     Bank
      23,640                                                 33,332
          Pure   Storage    Inc  ’A’
       9,820                             Citibank                   13,846
          Pure   Storage    Inc  ’A’                 Goldam    Sachs
      39,030                                                132,312
          Pure   Storage    Inc  ’A’
      15,850                              HSBC                   34,395
          PVH  Corp                       Bank   of  America    Merrill    Lynch
      12,970                                                 88,196
          PVH  Corp                       Barclays     Bank
      13,150                                                 37,609
          PVH  Corp                       Goldam    Sachs
      13,700                                                 93,160
          PVH  Corp
       7,240                             HSBC                    7,168
          QIAGEN    NV                      Goldam    Sachs
      (44,069)                                                 (77,121)
          Qorvo   Inc                      Goldam    Sachs
      19,781                                                158,644
          QUALCOMM     Inc
      12,220                              Citibank                     244
          QUALCOMM     Inc                     Credit    Suisse
      10,690                                                (19,670)
          QUALCOMM     Inc                     Goldam    Sachs
      31,300                                                 92,335
          Quanta    Services     Inc                 Goldam    Sachs
      32,091                                                148,902
          Quest   Diagnostics      Inc
      (8,170)                              Citibank                   (28,840)
          Quest   Diagnostics      Inc                Goldam    Sachs
      (1,820)                                                 (9,610)
          Quest   Diagnostics      Inc
      (4,540)                              HSBC                   (18,796)
          Quest   Diagnostics      Inc                JP  Morgan
      (2,560)                                                (10,598)
          Qurate    Retail    Inc  ’A’                Barclays     Bank
      98,917                                                 35,610
          Ralph   Lauren    Corp                   Bank   of  America    Merrill    Lynch
      50,275                                                627,935
          Ralph   Lauren    Corp                   Barclays     Bank
      32,740                                                164,682
          Ralph   Lauren    Corp
       3,060                             Citibank                   15,392
          Ralph   Lauren    Corp                   Credit    Suisse
       6,309                                                36,529
          Ralph   Lauren    Corp                   Goldam    Sachs
      33,500                                                418,415
          Range   Resources     Corp                 Barclays     Bank
     (144,681)                                                  (7,234)
          Range   Resources     Corp                 Credit    Suisse
      (26,380)                                                  3,166
          Range   Resources     Corp                 Goldam    Sachs
      (52,320)                                                 (60,168)
          Range   Resources     Corp
     (120,950)                               HSBC                   14,514
          Raymond    James   Financial     Inc
      (1,710)                              Citibank                   (7,370)
          Raymond    James   Financial     Inc             Credit    Suisse
      (2,830)                                                 (7,613)
          Raymond    James   Financial     Inc             Goldam    Sachs
      (10,510)                                                 (89,125)
          Regal   Beloit    Corp                   Credit    Suisse
      (2,240)                                                 (8,131)
          Regal   Beloit    Corp                   Goldam    Sachs
      (4,480)                                                (43,456)
          Regeneron     Pharmaceuticals        Inc            Bank   of  America    Merrill    Lynch
        310                                                 37
          Regeneron     Pharmaceuticals        Inc
        410                            HSBC                    5,510
          Regions    Financial     Corp                Barclays     Bank
      (99,990)                                                (117,988)
          Regions    Financial     Corp                Goldam    Sachs
      (42,040)                                                 (81,558)
          Reinsurance      Group   of  America    Inc           Bank   of  America    Merrill    Lynch
      (7,190)                                                (57,089)
          Reinsurance      Group   of  America    Inc           Barclays     Bank
      (8,490)                                                 (7,217)
          Reliance     Steel   & Aluminum     Co            Bank   of  America    Merrill    Lynch
      50,582                                                392,011
                                197/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          米国（続き）
          Reliance     Steel   & Aluminum     Co            Barclays     Bank
      69,731                                                267,767
          Reliance     Steel   & Aluminum     Co            Goldam    Sachs
      21,720                                                168,330
          RenaissanceRe       Holdings     Ltd              Bank   of  America    Merrill    Lynch
       9,230                                                65,810
          RenaissanceRe       Holdings     Ltd              Goldam    Sachs
       3,120                                                22,246
          Republic     Services     Inc                Bank   of  America    Merrill    Lynch
      20,940                                                111,401
          Republic     Services     Inc                Barclays     Bank
      25,060                                                 91,970
          Republic     Services     Inc                Credit    Suisse
       1,540                                                 5,359
          Republic     Services     Inc                Goldam    Sachs
      15,950                                                 84,854
          Republic     Services     Inc
       1,680                             HSBC                    9,446
          Resideo    Technologies       Inc               Bank   of  America    Merrill    Lynch
      (11,387)                                                 (10,248)
          Resideo    Technologies       Inc               Goldam    Sachs
     (168,571)                                                 (151,714)
          ResMed    Inc                      Goldam    Sachs
      (7,740)                                                 34,753
          Restaurant      Brands    International       Inc         Bank   of  America    Merrill    Lynch
      18,235                                                 51,787
          Restaurant      Brands    International       Inc         Barclays     Bank
       1,270                                                 1,575
          Restaurant      Brands    International       Inc         Goldam    Sachs
       6,960                                                19,766
          Reynolds     Consumer     Products     Inc            Bank   of  America    Merrill    Lynch
      (19,770)                                                 16,211
          Reynolds     Consumer     Products     Inc            Barclays     Bank
      (29,500)                                                  (590)
          Reynolds     Consumer     Products     Inc            Credit    Suisse
      (12,740)                                                 (1,019)
          Reynolds     Consumer     Products     Inc            Goldam    Sachs
      (37,640)                                                 30,865
          RingCentral      Inc  ’A’                 Barclays     Bank
      14,400                                                301,941
          RLI  Corp                       Bank   of  America    Merrill    Lynch
        (2)                                                (18)
          Robert    Half   International       Inc            Bank   of  America    Merrill    Lynch
      35,217                                                198,624
          Robert    Half   International       Inc            Barclays     Bank
      87,160                                                293,729
          Roku   Inc                       Bank   of  America    Merrill    Lynch
      (14,370)                                                 36,787
          Roku   Inc                       Barclays     Bank
      (1,490)                                                 (2,771)
          Roku   Inc                       Credit    Suisse
      (6,570)                                                107,025
          Roku   Inc                       Goldam    Sachs
      (11,100)                                                 28,416
          Rollins    Inc                     Bank   of  America    Merrill    Lynch
      (11,455)                                                 (4,467)
          Roper   Technologies       Inc                Bank   of  America    Merrill    Lynch
      (3,157)                                                (75,610)
          Roper   Technologies       Inc                Barclays     Bank
      (1,660)                                                (30,527)
          Roper   Technologies       Inc                Credit    Suisse
      (3,560)                                                (96,291)
          Roper   Technologies       Inc                Goldam    Sachs
      (3,050)                                                (73,048)
          Roper   Technologies       Inc                JP  Morgan
      (10,030)                                                (271,713)
          Royal   Caribbean     Cruises    Ltd             Barclays     Bank
      (35,670)                                                (275,016)
          Royal   Caribbean     Cruises    Ltd             Goldam    Sachs
      (17,630)                                                (236,242)
          Royal   Gold   Inc                    Bank   of  America    Merrill    Lynch
      18,350                                                 (7,707)
          Royal   Gold   Inc                    Barclays     Bank
       4,210                                                (14,230)
          Royal   Gold   Inc                    Goldam    Sachs
       1,960                                                 (823)
          RPM  International       Inc                Bank   of  America    Merrill    Lynch
       6,690                                                49,907
          RPM  International       Inc                Barclays     Bank
      13,830                                                 60,714
          RPM  International       Inc
       2,600                             Citibank                   11,414
          RPM  International       Inc                Credit    Suisse
       9,660                                                51,584
          RPM  International       Inc                Goldam    Sachs
      17,600                                                131,296
          RPM  International       Inc
       2,660                             HSBC                   14,204
          RPM  International       Inc                JP  Morgan
      14,370                                                 76,736
                                198/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          米国（続き）
          Ryder   System    Inc                   Bank   of  America    Merrill    Lynch
      (24,010)                                                (100,362)
          Ryder   System    Inc                   Barclays     Bank
      (21,730)                                                 (64,755)
          Ryder   System    Inc                   Goldam    Sachs
      (19,717)                                                 (82,417)
          S&P  Global    Inc                    Bank   of  America    Merrill    Lynch
       2,270                                                43,720
          S&P  Global    Inc                    Barclays     Bank
      16,040                                                169,062
          S&P  Global    Inc
        440                            Citibank                    4,638
          S&P  Global    Inc                    Credit    Suisse
        910                                               22,523
          S&P  Global    Inc                    Goldam    Sachs
      10,540                                                203,000
          S&P  Global    Inc                    JP  Morgan
        478                                               11,831
          Sabre   Corp                      Bank   of  America    Merrill    Lynch
      34,200                                                 58,824
          Sabre   Corp                      Goldam    Sachs
      48,940                                                 84,177
          Sage   Therapeutics       Inc                Bank   of  America    Merrill    Lynch
      (3,617)                                                  (543)
          Sage   Therapeutics       Inc                Barclays     Bank
      (19,450)                                                 35,983
          Sage   Therapeutics       Inc                Credit    Suisse
      (6,828)                                                 14,407
          Sage   Therapeutics       Inc                Goldam    Sachs
      (43,590)                                                 (6,539)
          salesforce.com        Inc                  Bank   of  America    Merrill    Lynch
      15,540                                                 19,736
          salesforce.com        Inc                  Barclays     Bank
       2,520                                                (13,230)
          salesforce.com        Inc                  Goldam    Sachs
      22,580                                                 28,677
          Santander     Consumer     USA  Holdings     Inc         Bank   of  America    Merrill    Lynch
      14,020                                                 31,265
          Santander     Consumer     USA  Holdings     Inc
      14,300                              Citibank                   16,588
          Santander     Consumer     USA  Holdings     Inc         Credit    Suisse
      39,830                                                 33,457
          Santander     Consumer     USA  Holdings     Inc
      35,790                              HSBC                   30,064
          Sarepta    Therapeutics       Inc               Barclays     Bank
       (780)                                                (2,231)
          Sarepta    Therapeutics       Inc               Goldam    Sachs
      (28,740)                                                (350,915)
          Schneider     National     Inc  ’B’              Goldam    Sachs
      206,021                                                580,979
          Scotts    Miracle-Gro      Co                Goldam    Sachs
      (14,597)                                                 (37,952)
          Seaboard     Corp                     Bank   of  America    Merrill    Lynch
       (389)                                                29,241
          Seaboard     Corp                     Barclays     Bank
       (341)                                                8,184
          Seaboard     Corp                     Credit    Suisse
        (50)                                               12,101
          Seaboard     Corp                     Goldam    Sachs
       (720)                                                54,122
          Seaboard     Corp
        (26)                            HSBC                    6,292
          Seaboard     Corp                     JP  Morgan
        (83)                                               20,087
          Sealed    Air  Corp                    Bank   of  America    Merrill    Lynch
      32,659                                                 88,832
          Sealed    Air  Corp                    Barclays     Bank
       9,039                                                15,186
          Sealed    Air  Corp                    Credit    Suisse
      14,945                                                 27,499
          Sealed    Air  Corp                    Goldam    Sachs
      67,130                                                182,594
          Sealed    Air  Corp                    JP  Morgan
      36,311                                                 67,352
          Seattle    Genetics     Inc                 Credit    Suisse
      (13,538)                                                 48,331
          Seattle    Genetics     Inc                 Goldam    Sachs
      (10,850)                                                 67,596
          SEI  Investments      Co                 Bank   of  America    Merrill    Lynch
      14,390                                                 37,414
          SEI  Investments      Co                 Goldam    Sachs
      58,760                                                152,776
          SEI  Investments      Co
      16,128                              HSBC                   23,708
          Sempra    Energy                      Bank   of  America    Merrill    Lynch
      (9,530)                                                (66,519)
          Sempra    Energy                      Credit    Suisse
      (4,090)                                                (11,593)
          Sempra    Energy                      Goldam    Sachs
      (1,220)                                                 (8,516)
                                199/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          米国（続き）
          Sensata    Technologies       Holding    Plc           Barclays     Bank
      (4,350)                                                 (4,176)
          Sensata    Technologies       Holding    Plc           Credit    Suisse
      (40,691)                                                 32,553
          Sensata    Technologies       Holding    Plc           Goldam    Sachs
      (38,740)                                                (101,886)
          Service    Corp   International                   Barclays     Bank
      (25,050)                                                 (10,020)
          ServiceMaster       Global    Holdings     Inc          Bank   of  America    Merrill    Lynch
      (66,486)                                                (317,138)
          ServiceMaster       Global    Holdings     Inc          Barclays     Bank
      (15,650)                                                 (39,908)
          ServiceMaster       Global    Holdings     Inc          Credit    Suisse
      (4,420)                                                 (8,707)
          ServiceMaster       Global    Holdings     Inc          Goldam    Sachs
      (61,720)                                                (294,404)
          ServiceNow      Inc                    Barclays     Bank
      13,940                                                106,370
          Sherwin-Williams         Co                 Bank   of  America    Merrill    Lynch
       1,620                                                34,020
          Sherwin-Williams         Co                 Barclays     Bank
       1,350                                                16,308
          Sherwin-Williams         Co
        860                            Citibank                   10,389
          Sherwin-Williams         Co                 Credit    Suisse
        830                                               32,951
          Sherwin-Williams         Co                 Goldam    Sachs
        690                                               14,490
          Signature     Bank                    Barclays     Bank
       5,730                                                48,934
          Signature     Bank
        270                            HSBC                     419
          Signature     Bank                    JP  Morgan
        450                                                 698
          Silgan    Holdings     Inc                 Bank   of  America    Merrill    Lynch
      34,724                                                 9,375
          Silgan    Holdings     Inc                 Credit    Suisse
      22,363                                                (15,207)
          Silgan    Holdings     Inc                 Goldam    Sachs
      41,410                                                 11,181
          Silgan    Holdings     Inc                 JP  Morgan
       2,761                                                (1,877)
          Sinclair     Broadcast     Group   Inc  ’A’           Bank   of  America    Merrill    Lynch
     (119,450)                                                 (307,584)
          Sinclair     Broadcast     Group   Inc  ’A’           Barclays     Bank
     (125,012)                                                 (20,002)
          Sinclair     Broadcast     Group   Inc  ’A’
      (35,730)                              Citibank                   (5,717)
          Sinclair     Broadcast     Group   Inc  ’A’           Credit    Suisse
      (11,720)                                                 (20,041)
          Sinclair     Broadcast     Group   Inc  ’A’           Goldam    Sachs
      (45,760)                                                (117,832)
          Sinclair     Broadcast     Group   Inc  ’A’           JP  Morgan
      (15,440)                                                 (36,979)
          Sirius    XM  Holdings     Inc                Bank   of  America    Merrill    Lynch
      129,560                                                 45,346
          Sirius    XM  Holdings     Inc                Barclays     Bank
      107,990                                                 41,576
          Sirius    XM  Holdings     Inc                Goldam    Sachs
      68,070                                                 23,825
          Six  Flags   Entertainment       Corp             Bank   of  America    Merrill    Lynch
       6,660                                                30,103
          Six  Flags   Entertainment       Corp             Barclays     Bank
       4,570                                                  411
          Six  Flags   Entertainment       Corp             Credit    Suisse
      48,260                                                128,832
          Six  Flags   Entertainment       Corp
       8,940                             HSBC                   21,814
          Six  Flags   Entertainment       Corp             JP  Morgan
      30,080                                                 93,785
          Skechers     USA  Inc  ’A’                 Barclays     Bank
      67,710                                                129,326
          Skyworks     Solutions     Inc                Goldam    Sachs
       5,530                                                56,461
          SLM  Corp                       Bank   of  America    Merrill    Lynch
      (99,660)                                                 (9,966)
          SLM  Corp                       Barclays     Bank
      (60,180)                                                 (13,240)
          SLM  Corp
     (107,630)                               Citibank                   (23,679)
          Smartsheet      Inc  ’A’                  Barclays     Bank
      (49,450)                                                 18,297
          Snap-on    Inc                     Bank   of  America    Merrill    Lynch
       1,690                                                12,117
          Snap-on    Inc                     Barclays     Bank
       2,960                                                 3,670
          Snap-on    Inc                     Credit    Suisse
       8,780                                                37,297
          Snap-on    Inc
       4,700                             HSBC                   13,113
                                200/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          米国（続き）
          SolarWinds      Corp                    Bank   of  America    Merrill    Lynch
      (72,717)                                                (109,076)
          SolarWinds      Corp                    Barclays     Bank
      (12,240)                                                  (490)
          SolarWinds      Corp                    Goldam    Sachs
     (116,221)                                                 (174,331)
          SolarWinds      Corp
      (65,120)                              HSBC                   (70,330)
          Sonoco    Products     Co                 Bank   of  America    Merrill    Lynch
      (9,210)                                                (56,273)
          Sonoco    Products     Co                 Barclays     Bank
      (5,460)                                                (12,558)
          Sonoco    Products     Co                 Goldam    Sachs
      (18,680)                                                (114,135)
          Southern     Co                     Barclays     Bank
      16,700                                                 39,913
          Southern     Co                     Goldam    Sachs
      11,120                                                 49,262
          Southwest     Airlines     Co                Goldam    Sachs
      25,030                                                198,989
          Spectrum     Brands    Holdings     Inc             Barclays     Bank
      (8,014)                                                (20,195)
          Spectrum     Brands    Holdings     Inc             JP  Morgan
      (38,622)                                                (120,501)
          Spirit    AeroSystems      Holdings     Inc  ’A’         Bank   of  America    Merrill    Lynch
      39,260                                                145,655
          Spirit    AeroSystems      Holdings     Inc  ’A’         Barclays     Bank
      11,730                                                 12,434
          Spirit    AeroSystems      Holdings     Inc  ’A’
      24,180                              Citibank                   25,631
          Spirit    AeroSystems      Holdings     Inc  ’A’         Goldam    Sachs
      14,870                                                 55,168
          Spirit    AeroSystems      Holdings     Inc  ’A’
       9,310                             HSBC                   14,151
          Splunk    Inc                      Bank   of  America    Merrill    Lynch
      (11,770)                                                (309,080)
          Splunk    Inc                      Goldam    Sachs
      (27,330)                                                (717,686)
          Spotify    Technology      SA
       1,330                             HSBC                   37,493
          Spotify    Technology      SA                JP  Morgan
      17,410                                                490,788
          Sprouts    Farmers    Market    Inc              Bank   of  America    Merrill    Lynch
       4,167                                                 (458)
          Sprouts    Farmers    Market    Inc              Barclays     Bank
      164,675                                                 75,751
          Sprouts    Farmers    Market    Inc
       5,100                             Citibank                    2,346
          Sprouts    Farmers    Market    Inc              Goldam    Sachs
      146,535                                                 (16,119)
          Square    Inc  ’A’
       1,610                             HSBC                    8,372
          SS&C   Technologies       Holdings     Inc            Goldam    Sachs
       2,600                                                 6,838
          Starbucks     Corp                    Bank   of  America    Merrill    Lynch
      83,283                                                338,962
          Starbucks     Corp                    Barclays     Bank
      19,406                                                 11,838
          Starbucks     Corp
      25,630                              Citibank                   15,634
          Starbucks     Corp                    Credit    Suisse
       1,650                                                  594
          State   Street    Corp                   Bank   of  America    Merrill    Lynch
      (27,913)                                                (202,090)
          State   Street    Corp                   Barclays     Bank
      (3,050)                                                (19,307)
          State   Street    Corp                   Credit    Suisse
      (2,480)                                                (17,878)
          State   Street    Corp                   Goldam    Sachs
      (17,160)                                                (124,238)
          State   Street    Corp
      (10,150)                              HSBC                   (23,567)
          Steel   Dynamics     Inc                  Barclays     Bank
      13,779                                                 23,287
          Steel   Dynamics     Inc
       4,850                             Citibank                    8,197
          Stericycle      Inc                    Bank   of  America    Merrill    Lynch
      (4,882)                                                (30,708)
          Stericycle      Inc                    Goldam    Sachs
      (57,010)                                                (358,593)
          STERIS    Plc                      Barclays     Bank
      16,390                                                107,682
          Sterling     Bancorp                     Bank   of  America    Merrill    Lynch
      61,412                                                164,277
          Sterling     Bancorp                     Barclays     Bank
      43,480                                                 65,872
          Sterling     Bancorp                     Credit    Suisse
      12,870                                                 8,945
          Sterling     Bancorp                     Goldam    Sachs
      41,200                                                110,210
                                201/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          米国（続き）
          Stryker    Corp                     Barclays     Bank
       6,080                                                61,955
          Stryker    Corp                     Goldam    Sachs
       4,530                                                63,692
          SVB  Financial     Group                  Bank   of  America    Merrill    Lynch
      (2,020)                                                (83,002)
          SVB  Financial     Group                  Barclays     Bank
      (2,210)                                                (53,902)
          SVB  Financial     Group
       (250)                             Citibank                   (6,098)
          SVB  Financial     Group                  Goldam    Sachs
      (10,600)                                                (435,554)
          Switch    Inc  ’A’                    Bank   of  America    Merrill    Lynch
      (7,353)                                                 (8,088)
          Switch    Inc  ’A’                    Barclays     Bank
      (93,542)                                                 (1,871)
          Switch    Inc  ’A’                    Credit    Suisse
      (58,013)                                                 (92,241)
          Switch    Inc  ’A’
     (136,784)                               HSBC                  (217,487)
          Switch    Inc  ’A’                    JP  Morgan
       (881)                                                (1,401)
          Synchrony     Financial                    Credit    Suisse
      107,644                                                 207,753
          Synchrony     Financial                    Goldam    Sachs
      37,515                                                150,435
          Synchrony     Financial
       3,846                             HSBC                    7,423
          Synchrony     Financial                    JP  Morgan
      19,423                                                 37,486
          SYNNEX    Corp                      Bank   of  America    Merrill    Lynch
       (460)                                                (7,259)
          SYNNEX    Corp                      Barclays     Bank
      (4,583)                                                (30,431)
          Synopsys     Inc                     Bank   of  America    Merrill    Lynch
      12,063                                                228,111
          Synopsys     Inc                     Barclays     Bank
       8,000                                                52,240
          Synopsys     Inc
      17,917                              Citibank                   116,998
          Synopsys     Inc                     Goldam    Sachs
       4,740                                                89,633
          Synopsys     Inc
       1,950                             HSBC                   34,067
          Synovus    Financial     Corp                Barclays     Bank
      (87,380)                                                (150,294)
          Synovus    Financial     Corp                Credit    Suisse
      (7,057)                                                 4,446
          Synovus    Financial     Corp                Goldam    Sachs
      (32,840)                                                (101,147)
          Sysco   Corp                      Barclays     Bank
       2,600                                                 9,048
          Sysco   Corp                      Goldam    Sachs
      14,920                                                113,541
          T Rowe   Price   Group   Inc                Barclays     Bank
      (13,670)                                                 (67,803)
          T Rowe   Price   Group   Inc
      (8,470)                              Citibank                   (42,011)
          T Rowe   Price   Group   Inc                Credit    Suisse
      (2,870)                                                (17,191)
          Take-Two     Interactive      Software     Inc
        360                            Citibank                   (1,987)
          Take-Two     Interactive      Software     Inc          Goldam    Sachs
       6,610                                                16,195
          Take-Two     Interactive      Software     Inc
      20,910                              HSBC                   35,005
          Tapestry     Inc                     Bank   of  America    Merrill    Lynch
      (13,500)                                                 (20,385)
          Tapestry     Inc                     Barclays     Bank
      (15,140)                                                  4,088
          Tapestry     Inc                     Goldam    Sachs
      (60,320)                                                 (91,083)
          Targa   Resources     Corp                 Bank   of  America    Merrill    Lynch
      (77,921)                                                (223,633)
          Target    Corp                      Bank   of  America    Merrill    Lynch
      15,291                                                (18,043)
          Target    Corp                      Barclays     Bank
       5,020                                                11,395
          Target    Corp                      Goldam    Sachs
       5,670                                                (6,691)
          Target    Corp                      JP  Morgan
       3,110                                                12,222
          TCF  Financial     Corp                  Bank   of  America    Merrill    Lynch
      (74,720)                                                (458,781)
          TCF  Financial     Corp                  Barclays     Bank
      (33,200)                                                (114,540)
          TCF  Financial     Corp                  Credit    Suisse
      (7,260)                                                 (9,874)
          TCF  Financial     Corp                  Goldam    Sachs
      (34,730)                                                (213,242)
                                202/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          米国（続き）
          TD  Ameritrade      Holding    Corp              Bank   of  America    Merrill    Lynch
      (41,590)                                                (160,537)
          TD  Ameritrade      Holding    Corp              Barclays     Bank
      (13,610)                                                 (46,002)
          TD  Ameritrade      Holding    Corp              Credit    Suisse
      (4,690)                                                 2,064
          TD  Ameritrade      Holding    Corp              Goldam    Sachs
      (36,570)                                                (141,160)
          Teledyne     Technologies       Inc              Bank   of  America    Merrill    Lynch
       9,555                                                477,559
          Teledyne     Technologies       Inc              Goldam    Sachs
       1,360                                                67,973
          Teleflex     Inc                     Barclays     Bank
        400                                               (1,524)
          Teleflex     Inc                     Credit    Suisse
        870                                               11,959
          Telephone     and  Data   Systems    Inc            Goldam    Sachs
      17,038                                                 41,062
          Telephone     and  Data   Systems    Inc            JP  Morgan
      14,143                                                 14,284
          Tempur    Sealy   International       Inc            Barclays     Bank
       7,220                                                43,753
          Tempur    Sealy   International       Inc            Credit    Suisse
       3,970                                                37,159
          Tempur    Sealy   International       Inc            Goldam    Sachs
      34,870                                                442,500
          Tempur    Sealy   International       Inc            JP  Morgan
      21,010                                                196,654
          Teradata     Corp                     Barclays     Bank
      31,190                                                 22,457
          Teradata     Corp                     Goldam    Sachs
      44,850                                                 67,275
          Teradyne     Inc                     Bank   of  America    Merrill    Lynch
      75,628                                                689,727
          Teradyne     Inc                     Barclays     Bank
      79,090                                                257,833
          Teradyne     Inc
       3,893                             Citibank                   12,691
          Teradyne     Inc                     Goldam    Sachs
       6,140                                                55,997
          Tesla   Inc                      Goldam    Sachs
      (6,680)                                                (69,004)
          Texas   Capital    Bancshares      Inc             Goldam    Sachs
      11,800                                                 36,816
          Texas   Instruments      Inc                Bank   of  America    Merrill    Lynch
      35,269                                                324,827
          Texas   Instruments      Inc
       5,027                             Citibank                   20,209
          Texas   Instruments      Inc                Credit    Suisse
      25,804                                                 63,220
          TFS  Financial     Corp                  Bank   of  America    Merrill    Lynch
      (67,397)                                                 (81,550)
          TFS  Financial     Corp                  Barclays     Bank
      (64,365)                                                 (62,434)
          TFS  Financial     Corp
      (17,855)                              Citibank                   (17,319)
          TFS  Financial     Corp                  Credit    Suisse
      (41,447)                                                 (3,316)
          TFS  Financial     Corp                  Goldam    Sachs
     (114,737)                                                 (138,832)
          TFS  Financial     Corp
      (12,090)                              HSBC                    (967)
          TFS  Financial     Corp                  JP  Morgan
      (47,237)                                                 (3,779)
          Thermo    Fisher    Scientific      Inc             Bank   of  America    Merrill    Lynch
      (2,020)                                                 (5,676)
          Thermo    Fisher    Scientific      Inc             Barclays     Bank
      (2,360)                                                (12,909)
          Thermo    Fisher    Scientific      Inc             Goldam    Sachs
      (2,300)                                                 (6,463)
          Thomson    Reuters    Corp                 Bank   of  America    Merrill    Lynch
      (8,480)                                                 (7,547)
          Thomson    Reuters    Corp                 Barclays     Bank
      (2,620)                                                 (2,751)
          Thomson    Reuters    Corp
      (5,450)                              Citibank                   (5,723)
          Thomson    Reuters    Corp
      (2,130)                              HSBC                    2,045
          Thor   Industries      Inc                 Bank   of  America    Merrill    Lynch
      (15,770)                                                (214,787)
          Thor   Industries      Inc                 Goldam    Sachs
      (53,894)                                                (734,036)
          Thor   Industries      Inc
      (7,305)                              HSBC                   (59,682)
          Tiffany    & Co                    Bank   of  America    Merrill    Lynch
      (6,560)                                                 (4,198)
          Tiffany    & Co                    Barclays     Bank
      (6,180)                                                (15,944)
          Tiffany    & Co                    Goldam    Sachs
      (11,960)                                                 (7,654)
                                203/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          米国（続き）
          Timken    Co                      Bank   of  America    Merrill    Lynch
      29,728                                                134,371
          TJX  Cos  Inc                     Bank   of  America    Merrill    Lynch
      56,161                                                363,923
          TJX  Cos  Inc                     Barclays     Bank
      19,020                                                 4,565
          TJX  Cos  Inc
      15,870                              Citibank                    3,809
          TJX  Cos  Inc                     Goldam    Sachs
       8,720                                                56,506
          TJX  Cos  Inc
       6,790                             HSBC                   34,901
          T-Mobile     US  Inc                   Bank   of  America    Merrill    Lynch
       (160)                                                 (360)
          T-Mobile     US  Inc                   Barclays     Bank
      (26,815)                                                (101,093)
          T-Mobile     US  Inc                   Goldam    Sachs
      (61,960)                                                (139,410)
          T-Mobile     US  Inc
      (5,760)                              HSBC                   (6,048)
          T-Mobile     US  Inc                   JP  Morgan
      (3,170)                                                 (3,329)
          Toll   Brothers     Inc                  Barclays     Bank
      (5,170)                                                (20,318)
          Toll   Brothers     Inc                  Goldam    Sachs
      (23,970)                                                (193,198)
          Toro   Co                       Bank   of  America    Merrill    Lynch
       5,380                                                39,489
          Toro   Co                       Barclays     Bank
      10,070                                                 28,800
          Toro   Co
       2,660                             Citibank                    7,608
          Toro   Co                       JP  Morgan
       2,190                                                13,490
          Tractor    Supply    Co                  Barclays     Bank
      56,110                                                462,346
          Trade   Desk   Inc  ’A’                  Barclays     Bank
      (3,910)                                                 12,551
          Trade   Desk   Inc  ’A’                  Credit    Suisse
      (1,270)                                                 (5,238)
          Trade   Desk   Inc  ’A’                  Goldam    Sachs
      (14,410)                                                 (63,116)
          Trane   Technologies       Plc                Barclays     Bank
      36,650                                                230,529
          Transocean      Ltd                    Goldam    Sachs
    (1,184,963)                                                  112,571
                                    Bank   of  America    Merrill    Lynch
       6,570    TransUnion                                             64,452
                                    Barclays     Bank
       5,450    TransUnion                                             26,542
       4,180    TransUnion                          Citibank                   20,357
                                    JP  Morgan
       2,250    TransUnion                                             23,536
          Travelers     Cos  Inc                  Bank   of  America    Merrill    Lynch
      (12,430)                                                (199,501)
          Travelers     Cos  Inc                  Barclays     Bank
      (4,650)                                                (29,109)
          TreeHouse     Foods   Inc                 Bank   of  America    Merrill    Lynch
      (17,960)                                                   180
          TreeHouse     Foods   Inc                 Barclays     Bank
      (26,760)                                                 (30,774)
          TreeHouse     Foods   Inc                 Goldam    Sachs
      (29,820)                                                   298
          TreeHouse     Foods   Inc
       (851)                             HSBC                    1,277
          Trimble    Inc                     Bank   of  America    Merrill    Lynch
      (15,600)                                                 (59,904)
          Trimble    Inc                     Barclays     Bank
      (37,700)                                                  3,393
          Trinity    Industries      Inc                Bank   of  America    Merrill    Lynch
     (128,261)                                                 (207,783)
          Trinity    Industries      Inc                Barclays     Bank
     (134,640)                                                  9,425
          TripAdvisor      Inc                   Bank   of  America    Merrill    Lynch
      78,430                                                385,091
          TripAdvisor      Inc                   Barclays     Bank
      66,110                                                109,082
          TripAdvisor      Inc
       8,650                             Citibank                   14,273
          TripAdvisor      Inc                   Goldam    Sachs
      42,760                                                209,952
          Truist    Financial     Corp                 Barclays     Bank
     (206,958)                                                 (813,345)
          Truist    Financial     Corp                 Goldam    Sachs
      (11,135)                                                 (65,362)
          Twilio    Inc  ’A’                    Bank   of  America    Merrill    Lynch
      (14,253)                                                 (87,513)
          Twilio    Inc  ’A’                    Barclays     Bank
      (4,400)                                                 58,344
                                204/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          米国（続き）
          Twilio    Inc  ’A’                    Goldam    Sachs
       (580)                                                (3,561)
          Twitter    Inc                     Bank   of  America    Merrill    Lynch
      (31,380)                                                 (51,463)
          Twitter    Inc                     Barclays     Bank
      (22,220)                                                 43,996
          Twitter    Inc                     Goldam    Sachs
      (58,730)                                                 (96,317)
          Tyler   Technologies       Inc                Bank   of  America    Merrill    Lynch
      (7,315)                                                (170,074)
          Tyson   Foods   Inc  ’A’                 Bank   of  America    Merrill    Lynch
      (1,270)                                                 (2,972)
          Tyson   Foods   Inc  ’A’                 Goldam    Sachs
      (31,034)                                                 (72,620)
          Tyson   Foods   Inc  ’A’
      (7,050)                              HSBC                   (1,128)
          Tyson   Foods   Inc  ’A’                 JP  Morgan
        (10)                                                 (2)
          Ubiquiti     Inc                     Barclays     Bank
       (800)                                                (2,312)
          Ubiquiti     Inc                     Credit    Suisse
      (1,610)                                                 12,413
          UGI  Corp                       Bank   of  America    Merrill    Lynch
      (28,030)                                                 (79,886)
          UGI  Corp                       Barclays     Bank
      (37,910)                                                 (31,465)
          Ulta   Beauty    Inc                   Bank   of  America    Merrill    Lynch
       2,720                                                96,342
          Ulta   Beauty    Inc                   Barclays     Bank
      10,040                                                153,110
          Ulta   Beauty    Inc                   Credit    Suisse
       1,650                                                45,638
          Ulta   Beauty    Inc
       1,050                             HSBC                    6,090
          Umpqua    Holdings     Corp                 Bank   of  America    Merrill    Lynch
      (26,840)                                                 (45,628)
          Umpqua    Holdings     Corp                 Barclays     Bank
      (15,700)                                                 (8,007)
          Umpqua    Holdings     Corp                 Goldam    Sachs
      (23,070)                                                 (39,219)
          Under   Armour    Inc  ’A’                 Bank   of  America    Merrill    Lynch
      50,728                                                 55,040
          Under   Armour    Inc  ’A’                 Barclays     Bank
      44,970                                                 20,461
          Under   Armour    Inc  ’A’
       8,881                             Citibank                    4,041
          Under   Armour    Inc  ’A’                 Credit    Suisse
      20,540                                                (24,340)
          Under   Armour    Inc  ’A’                 Goldam    Sachs
      41,120                                                 44,615
          Under   Armour    Inc  ’A’
      83,964                              HSBC                   (20,797)
          Under   Armour    Inc  ’A’                 JP  Morgan
      56,090                                                (66,467)
          Union   Pacific    Corp                  Bank   of  America    Merrill    Lynch
      (18,990)                                                (346,378)
          United    Airlines     Holdings     Inc             Bank   of  America    Merrill    Lynch
      90,703                                                723,810
          United    Airlines     Holdings     Inc             Barclays     Bank
      128,070                                                 320,175
          United    Airlines     Holdings     Inc
       6,403                             Citibank                   16,008
          United    Airlines     Holdings     Inc             Goldam    Sachs
      84,314                                                672,826
          United    Parcel    Service    Inc  ’B’            Barclays     Bank
      10,200                                                 22,899
          United    Parcel    Service    Inc  ’B’
       2,260                             Citibank                    5,074
          United    Rentals    Inc                  Barclays     Bank
      (19,400)                                                (115,236)
          United    Rentals    Inc                  Credit    Suisse
      (6,770)                                                (114,548)
          United    Rentals    Inc                  Goldam    Sachs
      (12,740)                                                (228,428)
          United    Rentals    Inc
      (4,130)                              HSBC                   (69,880)
          United    States    Cellular     Corp              Bank   of  America    Merrill    Lynch
      (7,680)                                                (25,114)
          United    States    Cellular     Corp              Goldam    Sachs
      (3,913)                                                (12,796)
          United    States    Steel   Corp               Barclays     Bank
     (437,182)                                                 (310,399)
          United    States    Steel   Corp               JP  Morgan
      (8,477)                                                 3,899
          United    Therapeutics       Corp
       1,280                             HSBC                    1,742
          United    Therapeutics       Corp               JP  Morgan
       2,230                                                (4,666)
          UnitedHealth       Group   Inc                Bank   of  America    Merrill    Lynch
      (1,440)                                                (18,288)
                                205/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          米国（続き）
          UnitedHealth       Group   Inc                Barclays     Bank
       (490)                                                (6,723)
          UnitedHealth       Group   Inc                Credit    Suisse
      (4,210)                                                (70,139)
          UnitedHealth       Group   Inc                Goldam    Sachs
      (5,570)                                                (70,739)
          Univar    Solutions     Inc                 Barclays     Bank
     (111,849)                                                 (109,612)
          Universal     Display    Corp
       (930)                             Citibank                    (828)
          Universal     Health    Services     Inc  ’B’          Barclays     Bank
      14,040                                                 6,599
          Universal     Health    Services     Inc  ’B’          Goldam    Sachs
       5,420                                                65,094
          Unum   Group                       Goldam    Sachs
      (16,460)                                                 (21,892)
          Urban   Outfitters      Inc                 Bank   of  America    Merrill    Lynch
      (8,930)                                                 (3,170)
          Urban   Outfitters      Inc                 Barclays     Bank
      (31,480)                                                  5,352
          Urban   Outfitters      Inc                 Credit    Suisse
      (17,190)                                                 12,377
          Urban   Outfitters      Inc                 Goldam    Sachs
      (16,960)                                                 (6,021)
          Urban   Outfitters      Inc
      (16,430)                              HSBC                   11,830
          US  Bancorp                        Credit    Suisse
      (4,240)                                                 (4,113)
          US  Foods   Holding    Corp                 Bank   of  America    Merrill    Lynch
      57,610                                                103,698
          US  Foods   Holding    Corp                 Barclays     Bank
      35,680                                                 40,675
          US  Foods   Holding    Corp                 Goldam    Sachs
      35,870                                                 64,566
          Vail   Resorts    Inc                   Bank   of  America    Merrill    Lynch
      (3,324)                                                (95,266)
          Vail   Resorts    Inc                   Barclays     Bank
      (1,560)                                                 (4,134)
          Vail   Resorts    Inc                   Goldam    Sachs
      (1,590)                                                (45,569)
          Valero    Energy    Corp                  Goldam    Sachs
      (19,430)                                                (150,000)
          Valmont    Industries      Inc                Barclays     Bank
      (8,915)                                                (68,111)
          Valmont    Industries      Inc
      (2,140)                              HSBC                   (22,945)
          Valmont    Industries      Inc                JP  Morgan
      (4,670)                                                (33,986)
          Valvoline     Inc                    Bank   of  America    Merrill    Lynch
       6,340                                                11,666
          Valvoline     Inc                    Barclays     Bank
      32,080                                                  (321)
          Valvoline     Inc                    Credit    Suisse
      77,606                                                 78,382
          Valvoline     Inc                    Goldam    Sachs
      83,125                                                152,950
          Valvoline     Inc
      14,360                              HSBC                   14,504
          Varian    Medical    Systems    Inc              Goldam    Sachs
      (6,030)                                                (52,763)
          Veeva   Systems    Inc  ’A’                Barclays     Bank
       2,810                                                23,520
          Veeva   Systems    Inc  ’A’                Goldam    Sachs
       3,290                                                35,861
          VeriSign     Inc                     Bank   of  America    Merrill    Lynch
       6,686                                                (16,448)
          VeriSign     Inc                     Barclays     Bank
      34,520                                                 36,936
          VeriSign     Inc
        106                            Citibank                     113
          VeriSign     Inc                     JP  Morgan
       8,669                                                41,178
          Verisk    Analytics     Inc                 Barclays     Bank
      (6,690)                                                (91,252)
          Verizon    Communications        Inc              Barclays     Bank
       6,700                                                 8,442
          Verizon    Communications        Inc              Goldam    Sachs
      52,500                                                 34,125
          Verizon    Communications        Inc              JP  Morgan
       2,480                                                (4,067)
          Vertex    Pharmaceuticals        Inc              Bank   of  America    Merrill    Lynch
      17,620                                                (119,464)
          Vertex    Pharmaceuticals        Inc              Barclays     Bank
       4,490                                                (13,695)
          Vertex    Pharmaceuticals        Inc
        100                            Citibank                    (305)
          Vertex    Pharmaceuticals        Inc              Goldam    Sachs
       4,920                                                (33,358)
          VF  Corp                        Bank   of  America    Merrill    Lynch
      (15,010)                                                 (75,050)
                                206/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          米国（続き）
          VF  Corp                        Barclays     Bank
      (7,160)                                                 (9,451)
          VF  Corp                        Goldam    Sachs
      (27,190)                                                (135,950)
          ViacomCBS     Inc  ’A’                  Bank   of  America    Merrill    Lynch
      (11,509)                                                 (53,287)
          ViacomCBS     Inc  ’A’                  Barclays     Bank
      (25,130)                                                 (49,255)
          ViacomCBS     Inc  ’A’
      (5,449)                              HSBC                   (23,049)
          ViacomCBS     Inc  ’B’                  Barclays     Bank
      107,587                                                 107,587
          ViacomCBS     Inc  ’B’                  Credit    Suisse
         1                                                 3
          ViacomCBS     Inc  ’B’
         7                           HSBC                     18
          ViaSat    Inc                      Bank   of  America    Merrill    Lynch
      (4,380)                                                (29,521)
          ViaSat    Inc                      Barclays     Bank
      (59,703)                                                 18,508
          ViaSat    Inc
      (3,220)                              Citibank                     998
          ViaSat    Inc                      Goldam    Sachs
      (5,630)                                                (37,946)
          ViaSat    Inc
      (3,750)                              HSBC                   (2,100)
          ViaSat    Inc                      JP  Morgan
      (4,680)                                                 (2,621)
          Virtu   Financial     Inc  ’A’               Bank   of  America    Merrill    Lynch
      (23,090)                                                 (8,082)
          Virtu   Financial     Inc  ’A’               Barclays     Bank
      (8,630)                                                (11,651)
          Virtu   Financial     Inc  ’A’               Goldam    Sachs
     (123,801)                                                 (43,330)
          Visa   Inc  ’A’                     Barclays     Bank
      (5,770)                                                (18,233)
          Visa   Inc  ’A’
      (2,360)                              Citibank                   (7,458)
          Visa   Inc  ’A’                     Credit    Suisse
      (6,750)                                                (60,278)
          Visa   Inc  ’A’                     Goldam    Sachs
      (5,990)                                                (63,075)
          Vistra    Energy    Corp                  Barclays     Bank
      70,930                                                 57,453
          Vistra    Energy    Corp                  Goldam    Sachs
        309                                                 633
          VMware    Inc  ’A’                    Barclays     Bank
       2,290                                                45,617
          VMware    Inc  ’A’                    Credit    Suisse
      20,610                                                316,644
          Voya   Financial     Inc                  Bank   of  America    Merrill    Lynch
      (15,500)                                                 (55,490)
          Voya   Financial     Inc                  Barclays     Bank
      (14,250)                                                 (32,205)
          Voya   Financial     Inc                  Goldam    Sachs
      (9,460)                                                (33,867)
          Voya   Financial     Inc
      (14,250)                              HSBC                   (11,675)
          Vulcan    Materials     Co                 Bank   of  America    Merrill    Lynch
      (5,140)                                                (64,815)
          Vulcan    Materials     Co                 Barclays     Bank
      (6,140)                                                (54,278)
          Vulcan    Materials     Co                 Goldam    Sachs
      (8,370)                                                (105,546)
          Walgreens     Boots   Alliance     Inc             Bank   of  America    Merrill    Lynch
       3,370                                                10,413
          Walgreens     Boots   Alliance     Inc             Barclays     Bank
       5,130                                                 9,696
          Walgreens     Boots   Alliance     Inc
      12,430                              Citibank                   23,493
          Walgreens     Boots   Alliance     Inc             Credit    Suisse
       8,710                                                (1,568)
          Walgreens     Boots   Alliance     Inc             Goldam    Sachs
       7,770                                                24,009
          Walmart    Inc                     Goldam    Sachs
      (7,010)                                                 14,090
          Walt   Disney    Co                   Bank   of  America    Merrill    Lynch
      (7,050)                                                (49,209)
          Walt   Disney    Co                   Barclays     Bank
      (58,720)                                                 116,853
          Walt   Disney    Co
      (17,490)                              Citibank                   34,805
          Walt   Disney    Co                   Goldam    Sachs
      (68,080)                                                (475,198)
          Walt   Disney    Co
      (9,009)                              HSBC                   (61,892)
          Walt   Disney    Co                   JP  Morgan
      (20,947)                                                (143,906)
          Waste   Management      Inc                 Bank   of  America    Merrill    Lynch
       3,310                                                34,656
                                207/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          米国（続き）
          Waste   Management      Inc                 Barclays     Bank
       1,500                                                11,220
          Waste   Management      Inc                 Goldam    Sachs
       1,590                                                16,647
          Waste   Management      Inc
       1,620                             HSBC                    8,797
          Waters    Corp                      Bank   of  America    Merrill    Lynch
       7,470                                                158,289
          Waters    Corp                      Barclays     Bank
      14,430                                                187,157
          Waters    Corp                      Credit    Suisse
       1,670                                                21,159
          Waters    Corp                      Goldam    Sachs
       3,590                                                76,072
          Waters    Corp
       2,450                             HSBC                   31,042
          Watsco    Inc                      Bank   of  America    Merrill    Lynch
      (13,066)                                                (231,530)
          Watsco    Inc                      Barclays     Bank
      (10,764)                                                (108,932)
          Watsco    Inc                      Goldam    Sachs
      (1,790)                                                (31,719)
          Watsco    Inc
      (2,070)                              HSBC                   (27,593)
          Wayfair    Inc  ’A’                   Barclays     Bank
      (21,660)                                                (209,019)
          Webster    Financial     Corp                Barclays     Bank
      (17,310)                                                 (58,681)
          Webster    Financial     Corp                Credit    Suisse
      (10,860)                                                 (24,978)
          Webster    Financial     Corp                Goldam    Sachs
      (21,780)                                                (133,947)
          Webster    Financial     Corp
      (6,940)                              HSBC                   (43,118)
          Wells   Fargo   & Co                  Bank   of  America    Merrill    Lynch
      (12,192)                                                 (35,357)
          Wells   Fargo   & Co                  Barclays     Bank
      (77,920)                                                (162,853)
          Wells   Fargo   & Co
      (1,770)                              Citibank                   (3,699)
          Wells   Fargo   & Co                  Goldam    Sachs
      (3,550)                                                (10,295)
          WESCO   International       Inc               Bank   of  America    Merrill    Lynch
       9,983                                                56,154
          WESCO   International       Inc               Barclays     Bank
      90,280                                                325,459
          WESCO   International       Inc               Credit    Suisse
      31,694                                                113,623
          WESCO   International       Inc               Goldam    Sachs
      36,880                                                207,450
          WESCO   International       Inc
      41,380                              HSBC                   148,347
          West   Pharmaceutical        Services     Inc           Bank   of  America    Merrill    Lynch
      16,876                                                (59,066)
          West   Pharmaceutical        Services     Inc           Barclays     Bank
       1,160                                                 (893)
          West   Pharmaceutical        Services     Inc           Goldam    Sachs
      17,080                                                (59,780)
          Western    Alliance     Bancorp                 Goldam    Sachs
       9,480                                                81,054
          Western    Digital    Corp                 Bank   of  America    Merrill    Lynch
      (47,646)                                                (214,883)
          Western    Digital    Corp                 Barclays     Bank
      (16,020)                                                 (20,826)
          Western    Digital    Corp                 Credit    Suisse
      (6,260)                                                 3,005
          Western    Digital    Corp                 Goldam    Sachs
      (7,490)                                                (33,780)
          Western    Digital    Corp
      (3,810)                              HSBC                    1,829
          Western    Digital    Corp                 JP  Morgan
      (42,316)                                                 20,312
          Western    Union   Co                  Goldam    Sachs
      31,150                                                 46,881
          Westinghouse       Air  Brake   Technologies       Corp       Goldam    Sachs
       2,080                                                16,432
          Westlake     Chemical     Corp                Barclays     Bank
      (95,880)                                                (266,546)
          Westlake     Chemical     Corp                Goldam    Sachs
      (40,030)                                                (330,648)
          Westlake     Chemical     Corp
       (640)                             HSBC                   (2,093)
          Westlake     Chemical     Corp                JP  Morgan
      (17,121)                                                 (55,986)
          Westrock     Co                     Bank   of  America    Merrill    Lynch
      (5,050)                                                (19,443)
          Westrock     Co                     Barclays     Bank
      (82,370)                                                (223,223)
          Westrock     Co                     Credit    Suisse
      (11,490)                                                 (12,179)
                                208/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          米国（続き）
          Westrock     Co                     Goldam    Sachs
      (43,230)                                                (166,436)
          Westrock     Co                     JP  Morgan
      (7,660)                                                 (8,120)
          WEX  Inc                       Bank   of  America    Merrill    Lynch
      (8,835)                                                (235,011)
          WEX  Inc                       Barclays     Bank
      (9,180)                                                (76,837)
          WEX  Inc                       Credit    Suisse
      (2,650)                                                (35,749)
          WEX  Inc                       Goldam    Sachs
       (420)                                               (11,172)
          Whirlpool     Corp                    Barclays     Bank
       2,600                                                  754
          Whirlpool     Corp                    Goldam    Sachs
      31,590                                                353,492
          White   Mountains     Insurance     Group   Ltd         Barclays     Bank
       4,147                                                (6,988)
          White   Mountains     Insurance     Group   Ltd         Goldam    Sachs
        593                                               22,027
          White   Mountains     Insurance     Group   Ltd         JP  Morgan
        127                                                1,394
          Williams     Cos  Inc                   Bank   of  America    Merrill    Lynch
      (15,650)                                                 (16,120)
          Williams     Cos  Inc                   Goldam    Sachs
      (6,200)                                                 (6,386)
          Williams-Sonoma        Inc                 Bank   of  America    Merrill    Lynch
      39,170                                                586,375
          Williams-Sonoma        Inc                 Barclays     Bank
       7,720                                                115,800
          Williams-Sonoma        Inc                 Credit    Suisse
       5,817                                                76,668
          Williams-Sonoma        Inc                 Goldam    Sachs
      24,520                                                367,064
          Williams-Sonoma        Inc
      16,075                              HSBC                   211,869
          Willis    Towers    Watson    Plc               Barclays     Bank
      23,980                                                160,906
          Willis    Towers    Watson    Plc
        880                            Citibank                    5,905
          Willis    Towers    Watson    Plc
       3,620                             HSBC                   28,489
          Willis    Towers    Watson    Plc               JP  Morgan
       3,630                                                28,568
          Wintrust     Financial     Corp                Bank   of  America    Merrill    Lynch
      15,010                                                154,153
          Wintrust     Financial     Corp                Barclays     Bank
       8,630                                                39,612
          Wintrust     Financial     Corp                Goldam    Sachs
       4,830                                                49,604
          Woodward     Inc                     Bank   of  America    Merrill    Lynch
       2,670                                                37,941
          Woodward     Inc                     Barclays     Bank
      13,330                                                 81,313
          Woodward     Inc                     Goldam    Sachs
       1,960                                                27,852
          Workday    Inc  ’A’                   Bank   of  America    Merrill    Lynch
       1,950                                                52,748
          Workday    Inc  ’A’                   Barclays     Bank
      16,820                                                222,024
          Workday    Inc  ’A’
       3,190                             Citibank                   42,108
          Workday    Inc  ’A’                   Credit    Suisse
       1,010                                                18,587
          Workday    Inc  ’A’                   Goldam    Sachs
        900                                               24,345
          Workday    Inc  ’A’
       2,130                             HSBC                   47,313
          World   Wrestling     Entertainment       Inc  ’A’        Barclays     Bank
      (97,146)                                                (132,119)
          WPX  Energy    Inc                    Goldam    Sachs
      (20,456)                                                 (7,773)
          WPX  Energy    Inc
      (19,240)                              HSBC                    2,990
          WR  Berkley    Corp                    Barclays     Bank
      31,067                                                 41,630
          WR  Grace   & Co                    Bank   of  America    Merrill    Lynch
       3,870                                                17,841
          WR  Grace   & Co                    Barclays     Bank
      13,950                                                 (8,370)
          WR  Grace   & Co                    Goldam    Sachs
       9,310                                                42,919
          WR  Grace   & Co                    JP  Morgan
       9,350                                                (6,826)
          Wyndham    Destinations       Inc               Bank   of  America    Merrill    Lynch
      24,880                                                204,638
          Wyndham    Destinations       Inc               Barclays     Bank
       3,150                                                 9,938
          Wyndham    Destinations       Inc               Credit    Suisse
      30,824                                                190,030
                                209/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          米国（続き）
          Wyndham    Destinations       Inc               Goldam    Sachs
      125,335                                                1,030,880
          Wyndham    Destinations       Inc
      21,958                              HSBC                   135,371
          Wyndham    Hotels    & Resorts    Inc             Bank   of  America    Merrill    Lynch
      (36,733)                                                (182,563)
          Wyndham    Hotels    & Resorts    Inc             Barclays     Bank
      (51,998)                                                 43,678
          Wyndham    Hotels    & Resorts    Inc             Credit    Suisse
      (14,186)                                                 (37,309)
          Wyndham    Hotels    & Resorts    Inc             Goldam    Sachs
      (18,240)                                                 (90,653)
          Wyndham    Hotels    & Resorts    Inc             JP  Morgan
      (4,940)                                                (25,541)
          Wynn   Resorts    Ltd                   Bank   of  America    Merrill    Lynch
      (36,791)                                                (154,890)
          Wynn   Resorts    Ltd                   Barclays     Bank
      (1,840)                                                 (6,734)
          Wynn   Resorts    Ltd                   Goldam    Sachs
      (35,100)                                                (147,771)
          Xcel   Energy    Inc                   Barclays     Bank
      (2,290)                                                 (8,381)
          Xerox   Holdings     Corp                  Bank   of  America    Merrill    Lynch
      70,659                                                 88,324
          Xerox   Holdings     Corp                  Barclays     Bank
      110,390                                                 (92,728)
          Xerox   Holdings     Corp
      12,310                              Citibank                   (10,340)
          Xerox   Holdings     Corp                  Credit    Suisse
      33,110                                                (16,060)
          Xerox   Holdings     Corp                  Goldam    Sachs
      146,780                                                 183,475
          Xerox   Holdings     Corp                  JP  Morgan
      20,417                                                (40,630)
          XPO  Logistics     Inc                  Credit    Suisse
      (2,320)                                                (30,018)
          XPO  Logistics     Inc                  Goldam    Sachs
      (23,940)                                                (312,896)
          Xylem   Inc                      Bank   of  America    Merrill    Lynch
      (93,557)                                                (762,490)
          Xylem   Inc                      Goldam    Sachs
      (24,540)                                                (200,001)
          Yum!   Brands    Inc                   Bank   of  America    Merrill    Lynch
        600                                                3,132
          Yum!   Brands    Inc                   Barclays     Bank
      37,507                                                107,645
          Yum!   Brands    Inc                   Credit    Suisse
       2,201                                                 8,672
          Yum!   Brands    Inc                   Goldam    Sachs
      16,940                                                 88,427
          Yum!   Brands    Inc
      10,752                              HSBC                   42,363
          Zebra   Technologies       Corp   ’A’             Barclays     Bank
       4,220                                                61,654
          Zendesk    Inc                     Bank   of  America    Merrill    Lynch
       1,500                                                14,475
          Zendesk    Inc                     Barclays     Bank
       1,930                                                 4,381
          Zendesk    Inc
       1,870                             Citibank                    4,245
          Zendesk    Inc
       2,900                             HSBC                   18,357
          Zendesk    Inc                     JP  Morgan
       1,810                                                11,457
          Zillow    Group   Inc  ’C’                 Barclays     Bank
      (6,250)                                                 (1,813)
          Zillow    Group   Inc  ’C’                 Credit    Suisse
      (29,458)                                                (112,530)
          Zillow    Group   Inc  ’C’                 Goldam    Sachs
      (73,460)                                                (588,415)
          Zimmer    Biomet    Holdings     Inc              Goldam    Sachs
      (3,910)                                                (58,572)
          Zimmer    Biomet    Holdings     Inc              JP  Morgan
      (2,600)                                                (14,326)
          Zions   Bancorp    NA                  Barclays     Bank
      47,400                                                145,044
          Zions   Bancorp    NA                  Credit    Suisse
      85,957                                                217,471
          Zions   Bancorp    NA
       6,720                             HSBC                   17,002
          Zoetis    Inc                      Barclays     Bank
      (4,080)                                                (32,069)
          Zoetis    Inc                      Goldam    Sachs
      (20,180)                                                (211,486)
          Zoetis    Inc                      JP  Morgan
      (5,200)                                                (65,000)
          Zscaler    Inc                     Goldam    Sachs
      (44,650)                                                (678,233)
          Zynga   Inc  ’A’                    Bank   of  America    Merrill    Lynch
      148,500                                                 60,143
                                210/270



                                                          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）
                                                    未実現純評価
                                                     益／（損）
     保有高                銘柄                    取引相手
                                                     （米ドル）
          米国（続き）
          Zynga   Inc  ’A’                    Barclays     Bank
      181,140                                                 11,774
          Zynga   Inc  ’A’                    Goldam    Sachs                53,488
      132,070
                                                      3,960,959
    合計（基礎となるエクスポージャー総額－7,122,451,604米ドル）                                                 4,568,937
    π  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。

                                211/270
















                                                          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　2020年５月31日現在
                                               未実現純評価
                                                       時価
    種類     想定金額              摘要            取引相手       満期日     益／（損）
                                                     （米ドル）
                                                （米ドル）
                 ファンドは0.450％の固定金利を受
                                  Bank   of  America
        SEK  191,648,000       け取り、３ヶ月SEK         STIBORの変動
    CCIRS
                                   Merrill    Lynch
                 金利を支払う                         16/9/2030       97,244     108,111
                 ファンドは0.516％の固定金利を受
                                  Bank   of  America
        GBP  322,107,000       け取り、６ヶ月GBP         LIBORの変動金
    CCIRS
                                   Merrill    Lynch
                 利を支払う                         16/9/2025      4,216,255      4,285,178
                 ファンドは0.610％の固定金利を受
                                  Bank   of  America
         USD  16,432,000      け取り、３ヶ月USD         LIBORの変動金
    CCIRS
                                   Merrill    Lynch
                 利を支払う                         16/9/2030      (121,197)      (140,414)
                 ファンドは0.640％の固定金利を受
                                  Bank   of  America
         USD  20,135,000      け取り、３ヶ月USD         LIBORの変動金
    CCIRS
                                   Merrill    Lynch
                 利を支払う                         16/9/2030      (115,466)      (112,526)
                 ファンドは0.675％の固定金利を受
                                  Bank   of  America
         USD  6,752,500      け取り、３ヶ月USD         LIBORの変動金
    CCIRS
                                   Merrill    Lynch
                 利を支払う                         16/9/2030       (16,566)      (14,445)
                 ファンドは0.680％の固定金利を受
                                  Bank   of  America
         USD  13,337,000      け取り、３ヶ月USD         LIBORの変動金
    CCIRS
                                   Merrill    Lynch
                 利を支払う                         16/9/2030       (8,451)     (21,959)
                 ファンドは0.879％の固定金利を受
                 け取り、６ヶ月AUD         Australia
                                  Bank   of  America
         AUD  27,866,000
    CCIRS
                                   Merrill    Lynch
                 Bank   Bill   Swap   Rateの変動金利を
                 支払う                         16/9/2030       (91,344)      (90,971)
                 ファンドは0.985％の固定金利を受
                 け取り、３ヶ月CAD         Canada
                                  Bank   of  America
         CAD  33,958,000
    CCIRS
                                   Merrill    Lynch
                 Bankers    Acceptancesの変動金利を
                 支払う                         16/9/2030      (112,496)      (104,245)
                 ファンドは0.985％の固定金利を受
                                  Bank   of  America
         USD  26,457,000      け取り、３ヶ月USD         LIBORの変動金
    CCIRS
                                   Merrill    Lynch
                 利を支払う                         16/9/2030       729,477      751,693
                 ファンドは1.032％の固定金利を受
                 け取り、６ヶ月AUD         Australia
                                  Bank   of  America
        AUD  154,567,400
    CCIRS
                                   Merrill    Lynch
                 Bank   Bill   Swap   Rateの変動金利を
                 支払う                         16/9/2030      1,024,040      1,025,942
                 ファンドは1.079％の固定金利を受
                                  Bank   of  America
         CAD  46,910,000      け取り、３ヶ月CAD         CDORの変動金
    CCIRS
                                   Merrill    Lynch
                 利を支払う                         16/9/2030       165,564      166,228
                 ファンドは6.700％の固定金利を受
                                  Bank   of  America
       ZAR  1,068,584,224        け取り、３ヶ月ZAR         JIBARの変動金
    CCIRS
                                   Merrill    Lynch
                 利を支払う                         16/9/2025      3,044,476      3,045,433
                 ファンドは６ヶ月AUD          Australia
                 Bank   Bill   Swap   Rateの変動金利を
                                  Bank   of  America
        AUD  220,136,284
    CCIRS
                                   Merrill    Lynch
                 受け取り、0.652％の固定金利を支
                 払う                         16/9/2025     (1,011,221)      (1,009,117)
                 ファンドは６ヶ月AUD          Australia
                 Bank   Bill   Swap   Rateの変動金利を
                                  Bank   of  America
         AUD  59,383,804
    CCIRS
                                   Merrill    Lynch
                 受け取り、0.685％の固定金利を支
                 払う                         16/9/2025      (337,379)      (336,809)
                 ファンドは６ヶ月AUD          Australia
                 Bank   Bill   Swap   Rateの変動金利を
                                  Bank   of  America
        AUD  299,818,943
    CCIRS
                                   Merrill    Lynch
                 受け取り、0.800％の固定金利を支
                 払う                         16/9/2025     (2,839,567)      (2,836,924)
                 ファンドは３ヶ月CAD          Canada
                 Bankers    Acceptancesの変動金利を
                                  Bank   of  America
         CAD  39,087,000
    CCIRS
                                   Merrill    Lynch
                 受け取り、0.760％の固定金利を支
                 払う                         16/9/2025       24,621      28,111
                                212/270



                                                          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）
                                               未実現純評価
                                                       時価
    種類     想定金額              摘要            取引相手       満期日     益／（損）
                                                     （米ドル）
                                                （米ドル）
                 ファンドは３ヶ月CAD          Canada
                 Bankers    Acceptancesの変動金利を
                                  Bank   of  America
        CAD  142,073,000
    CCIRS
                                   Merrill    Lynch
                 受け取り、0.840％の固定金利を支
                 払う                         16/9/2025      (307,838)      (306,396)
                 ファンドは６ヶ月EUR          EURIBORの変
                                  Bank   of  America
         EUR  15,263,500
    CCIRS
                 動金利を受け取り、0.080％の固定
                                   Merrill    Lynch
                 金利を支払う                         16/9/2030      (349,415)      (337,014)
                 ファンドは６ヶ月EUR          EURIBORの変
                                  Bank   of  America
         EUR  35,892,000
    CCIRS
                 動金利を受け取り、0.160％の固定
                                   Merrill    Lynch
                 金利を支払う                         16/9/2030     (1,147,301)      (1,119,175)
                 ファンドは６ヶ月GBP          LIBORの変動
                                  Bank   of  America
        GBP  163,660,500
    CCIRS
                 金利を受け取り、0.607％の固定金
                                   Merrill    Lynch
                 利を支払う                         16/9/2030     (3,875,264)      (3,946,869)
                 ファンドは３ヶ月HKD          HIBORの変動
                                  Bank   of  America
        HKD  617,768,538
    CCIRS
                 金利を受け取り、1.003％の固定金
                                   Merrill    Lynch
                 利を支払う                         16/9/2025       177,878      179,023
                 ファンドは３ヶ月HKD          HIBORの変動
                                  Bank   of  America
        HKD  152,667,271
    CCIRS
                 金利を受け取り、1.205％の固定金
                                   Merrill    Lynch
                 利を支払う                         16/9/2025      (151,321)      (151,038)
                 ファンドは１ヶ月MXN          Mexican
                                  Bank   of  America
         MXN  52,022,000
    CCIRS             Interbank     Rateの変動金利を受け
                                   Merrill    Lynch
                 取り、5.355％の固定金利を支払う                         11/9/2025       (3,917)      (3,883)
                 ファンドは６ヶ月PLN          WIBORの変動
                                  Bank   of  America
        PLN  102,856,000
    CCIRS
                 金利を受け取り、0.590％の固定金
                                   Merrill    Lynch
                 利を支払う                         16/9/2025      (132,755)      (132,400)
                 ファンドは６ヶ月PLN          WIBORの変動
                                  Bank   of  America
        PLN  348,672,196
    CCIRS
                 金利を受け取り、1.232％の固定金
                                   Merrill    Lynch
                 利を支払う                         16/9/2025     (3,249,419)      (3,248,092)
                 ファンドは３ヶ月SEK          STIBORの変
                                  Bank   of  America
        SEK  377,849,000
    CCIRS
                 動金利を受け取り、0.250％の固定
                                   Merrill    Lynch
                 金利を支払う                         16/9/2025      (156,413)      (142,471)
                 ファンドは６ヶ月SGD          STIBORの変
                                  Bank   of  America
         SGD  21,165,600
    CCIRS
                 動金利を受け取り、0.890％の固定
                                   Merrill    Lynch
                 金利を支払う                         16/9/2025      (246,001)      (245,787)
                 ファンドは６ヶ月SGD          STIBORの変
                                  Bank   of  America
         SGD  31,748,400
    CCIRS
                 動金利を受け取り、0.930％の固定
                                   Merrill    Lynch
                 金利を支払う                         16/9/2025      (414,038)      (413,718)
                 ファンドは３ヶ月USD          LIBORの変動
                                  Bank   of  America
         USD  32,158,000
    CCIRS
                 金利を受け取り、0.375％の固定金
                                   Merrill    Lynch
                 利を支払う                         16/9/2025       33,393      39,767
                 ファンドは３ヶ月USD          LIBORの変動
                                  Bank   of  America
         USD  72,785,000
    CCIRS
                 金利を受け取り、0.530％の固定金
                                   Merrill    Lynch
                 利を支払う                         16/9/2025      (542,215)      (472,789)
                 ファンドは３ヶ月USD          LIBORの変動
                                  Bank   of  America
         USD  46,800,000
    CCIRS
                 金利を受け取り、0.545％の固定金
                                   Merrill    Lynch
                 利を支払う                         16/9/2025      (339,692)      (339,018)
                 ファンドは0.000％の固定金利を受
                                  Bank   of  America
         EUR  40,630,000      け取り、６ヶ月EUR         LIBORの変動金
    IRS
                                   Merrill    Lynch
                 利を支払う                         16/9/2025       354,945      367,927
                 ファンドは0.000％の固定金利を受
                                  Bank   of  America
         EUR  76,211,000      け取り、６ヶ月EUR         LIBORの変動金
    IRS
                                   Merrill    Lynch
                 利を支払う                         16/9/2025       889,817      905,480
                 ファンドは0.000％の固定金利を受
                                  Bank   of  America
         EUR  31,397,000      け取り、６ヶ月EUR         LIBORの変動金
    IRS
                                   Merrill    Lynch
                 利を支払う                         16/9/2025       (70,566)      (69,348)
                                213/270



                                                          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）
                                               未実現純評価
                                                       時価
    種類     想定金額              摘要            取引相手       満期日     益／（損）
                                                     （米ドル）
                                                （米ドル）
                 ファンドは0.000％の固定金利を受
                                  Bank   of  America
         EUR  41,758,000      け取り、６ヶ月EUR         LIBORの変動金
    IRS
                                   Merrill    Lynch
                 利を支払う                         16/9/2025       (62,632)      (61,978)
                 ファンドは0.000％の固定金利を受
                                  Bank   of  America
         EUR  44,845,000      け取り、６ヶ月EUR         LIBORの変動金
    IRS
                                   Merrill    Lynch
                 利を支払う                         16/9/2025       (35,985)      (41,977)
                 ファンドは0.725％の固定金利を受
                                  Bank   of  America
                 け取り、６ヶ月THB         Thailand
        THB  252,450,622
    IRS
                                   Merrill    Lynch
                 Fixing    Rateの変動金利を支払う
                                          16/9/2025       (27,862)      (27,862)
                 ファンドは0.730％の固定金利を受
                                  Bank   of  America
                 け取り、６ヶ月THB         Thailand
        THB  394,858,664
    IRS
                                   Merrill    Lynch
                 Fixing    Rateの変動金利を支払う
                                          16/9/2025       (40,538)      (40,538)
                 ファンドは0.740％の固定金利を受
                                  Bank   of  America
                 け取り、６ヶ月THB         Thailand
        THB  395,056,714
    IRS
                                   Merrill    Lynch
                 Fixing    Rateの変動金利を支払う
                                          16/9/2025       (34,475)      (34,475)
                 ファンドは0.805％の固定金利を受
                                  Bank   of  America
                 け取り、６ヶ月THB         Thailand
        THB  222,770,000
    IRS
                                   Merrill    Lynch
                 Fixing    Rateの変動金利を支払う
                                          16/9/2025        2,859      2,859
                 ファンドは0.912％の固定金利を受
                 け取り、６ヶ月AUD         Australia
                                  Bank   of  America
        AUD  112,875,000
    IRS
                                   Merrill    Lynch
                 Bank   Bill   Swap   Rateの変動金利を
                 支払う
                                          16/9/2030      (127,418)      (127,418)
                 ファンドは0.950％の固定金利を受
                                  Bank   of  America
                 け取り、３ヶ月KRW         KSDAの変動金
       KRW  15,400,009,167
    IRS
                                   Merrill    Lynch
                 利を支払う
                                          16/9/2025       85,718      85,718
                 ファンドは0.970％の固定金利を受
                                  Bank   of  America
                 け取り、３ヶ月KRW         KSDAの変動金
       KRW  33,023,535,200
    IRS
                                   Merrill    Lynch
                 利を支払う
                                          16/9/2025       209,895      209,895
                 ファンドは0.998％の固定金利を受
                                  Bank   of  America
                 け取り、３ヶ月KRW         KSDAの変動金
       KRW  15,590,330,035
    IRS
                                   Merrill    Lynch
                 利を支払う
                                          16/9/2025       116,330      116,330
                 ファンドは３ヶ月CNY          7D  China
                 Fixing    Repo   Ratesの変動金利を受
                                  Bank   of  America
         CNY  59,053,000
    IRS
                                   Merrill    Lynch
                 け取り、2.038％の固定金利を支払
                 う                         16/9/2025       (15,916)      (15,916)
                 ファンドは６ヶ月EUR          LIBORの変動
                                  Bank   of  America
         EUR  13,160,000
    IRS
                 金利を受け取り、0.000％の固定金
                                   Merrill    Lynch
                 利を支払う                         16/9/2030      (157,600)      (157,311)
                 ファンドは６ヶ月EUR          LIBORの変動
                                  Bank   of  America
         EUR  12,744,000
    IRS
                 金利を受け取り、0.000％の固定金
                                   Merrill    Lynch
                 利を支払う                         16/9/2030        2,305      4,156
                 ファンドは６ヶ月EUR          LIBORの変動
                                  Bank   of  America
         EUR  18,259,000
    IRS
                 金利を受け取り、0.000％の固定金
                                   Merrill    Lynch
                 利を支払う                         16/9/2030       33,746      34,145
                 ファンドは６ヶ月EUR          LIBORの変動
                                  Bank   of  America
         EUR  22,406,000
    IRS
                 金利を受け取り、0.000％の固定金
                                   Merrill    Lynch
                 利を支払う                         16/9/2030       50,379      55,411
                 ファンドは３ヶ月INR          KSDAの変動
                                  Bank   of  America
       INR  1,205,248,500
    IRS
                 金利を受け取り、4.230％の固定金
                                   Merrill    Lynch
                 利を支払う                         16/9/2025       (73,049)      (73,049)
                 ファンドは３ヶ月INR          MIBORの変動
                                  Bank   of  America
       INR  2,421,025,760
    IRS
                 金利を受け取り、3.910％の固定金
                                   Merrill    Lynch
                 利を支払う                         16/9/2025       309,154      309,154
                 ファンドは0.898％の固定金利を受
       KRW  30,037,790,479        け取り、３ヶ月KRW         KSDAの変動金          BNP  Paribas
    IRS
                 利を支払う                         16/9/2025       105,510      105,510
                                214/270



                                                          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）
                                               未実現純評価
                                                       時価
    種類     想定金額              摘要            取引相手       満期日     益／（損）
                                                     （米ドル）
                                                （米ドル）
                 ファンドは0.907％の固定金利を受
       KRW  44,402,835,804        け取り、３ヶ月KRW         KSDAの変動金          BNP  Paribas
    IRS
                 利を支払う                         16/9/2025       171,750      171,750
                 ファンドは0.960％の固定金利を受
       KRW  16,567,987,005        け取り、３ヶ月KRW         KSDAの変動金
    IRS                                 Citibank
                 利を支払う                         16/9/2025       98,762      98,762
                 ファンドは0.941％の固定金利を受
       KRW  67,085,456,745        け取り、３ヶ月KRW         KSDAの変動金         Goldman    Sachs
    IRS
                 利を支払う                         16/9/2025       349,562      349,562
                 ファンドは0.949％の固定金利を受
       KRW  33,506,721,662        け取り、３ヶ月KRW         KSDAの変動金
    IRS                                   HSBC
                 利を支払う                         16/9/2025       184,914      184,914
                 ファンドは1.049％の固定金利を受
       KRW  7,110,685,379        け取り、３ヶ月KRW         KSDAの変動金
    IRS                                   HSBC
                 利を支払う                         16/9/2025       67,379      67,379
                 ファンドは３ヶ月INR          KSDAの変動
       INR  1,205,248,500
    IRS                                   HSBC
                 金利を受け取り、4.230％の固定金
                 利を支払う                         16/9/2025       (73,049)      (73,049)
                 ファンドは３ヶ月INR          MIBORの変動
       INR  1,139,306,240
    IRS                                   HSBC
                 金利を受け取り、3.985％の固定金
                 利を支払う                         16/9/2025       95,202      95,202
                 ファンドは３ヶ月INR          MIBORの変動
       INR  2,095,606,000
    IRS                                   HSBC
                 金利を受け取り、4.160％の固定金
                 利を支払う                         16/9/2025       (40,691)      (40,691)
                 ファンドは0.942％の固定金利を受
       KRW  15,447,823,860        け取り、３ヶ月KRW         KSDAの変動金           JP  Morgan
    IRS
                 利を支払う                         16/9/2025       81,409      81,409
                 ファンドは0.992％の固定金利を受
       KRW  15,796,938,380        け取り、３ヶ月KRW         KSDAの変動金           JP  Morgan
    IRS
                 利を支払う                         16/9/2025       114,440      114,440
                 ファンドは0.998％の固定金利を受
       KRW  16,273,741,763        け取り、３ヶ月KRW         KSDAの変動金           JP  Morgan
    IRS
                 利を支払う                         16/9/2025       121,108      121,108
                 ファンドは1.005％の固定金利を受
       KRW  10,849,161,175        け取り、３ヶ月KRW         KSDAの変動金           JP  Morgan
    IRS
                 利を支払う                         16/9/2025       83,952      83,952
                 ファンドは0.000％の固定金利を受
                                  Bank   of  America
             BRL  59
    TRS
                                   Merrill    Lynch
                 け取り、Ibovespa         Indexを支払う
                                          17/6/2020       (87,855)      (87,855)
                 ファンドは0.000％の固定金利を受
                                  Bank   of  America
            BRL  221
    TRS
                                   Merrill    Lynch
                 け取り、Ibovespa         Indexを支払う
                                          17/6/2020      (220,339)      (220,339)
                 ファンドは0.000％の固定金利を受
                                  Bank   of  America
        KRW  324,250,000
    TRS
                                   Merrill    Lynch
                 け取り、KOSPI       200  Indexを支払う
                                          11/6/2020      (827,899)      (827,899)
                 ファンドは0.000％の固定金利を受
                                  Bank   of  America
         KRW  64,250,000
    TRS
                                   Merrill    Lynch
                 け取り、KOSPI       200  Indexを支払う
                                          11/6/2020      (806,371)      (806,371)
                 ファンドはTAIEX        Indexを受け取
                                  Bank   of  America
          TWD  544,800
    TRS
                                   Merrill    Lynch
                 り、0.000％の固定金利を支払う                         17/6/2020      3,905,948      3,905,948
                 ファンドはTAIEX        Indexを受け取
                                  Bank   of  America
           TWD  13,800
    TRS
                                   Merrill    Lynch
                 り、0.000％の固定金利を支払う                         17/6/2020       (22,654)      (22,654)
                 ファンドは0.000％の固定金利を受
          THB  246,200     け取り、SET50       Futures    Indexを支      Credit    Suisse
    TRS
                 払う                         29/6/2020      (285,986)      (285,986)
                 ファンドは0.000％の固定金利を受
          THB  404,200     け取り、SET50       Futures    Indexを支      Credit    Suisse
    TRS
                 払う                         29/6/2020      (351,674)      (351,674)
                                215/270



                                                          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）
                                               未実現純評価
                                                       時価
    種類     想定金額              摘要            取引相手       満期日     益／（損）
                                                     （米ドル）
                                                （米ドル）
                 ファンドは0.000％の固定金利を受
           THB  82,200    け取り、SET50       Futures    Indexを支      Credit    Suisse
    TRS
                 払う                         29/6/2020       (14,980)      (14,980)
                 ファンドは0.000％の固定金利を受
           PLN  38,640                        JP  Morgan
    TRS
                 け取り、WIG20       Indexを支払う
                                                (2,986,360)      (2,986,360)
                                          19/6/2020
    合計（基礎となるエクスポージャー総額－3,139,746,671米ドル）                                           (4,985,143)      (4,793,293)
    CCIRS：中央決済機関で決済される金利スワップ

    IRS：金利スワップ
    TRS：トータル・リターン・スワップ
    添付の注記は、これらの財務書類の不可分の一部である。

                                216/270
















                                                          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）
    先物取引　2020年５月31日現在
                                           基礎となるエクス
                                                   未実現評価益／
                                           ポージャー総額
    契約数    契約通貨              契約／摘要                満期日               （損）
                                            （米ドル）
                                                    （米ドル）
            Amsterdam     Index   Futures    June   2020
      205    EUR                            2020年６月        24,313,121         885,339
            Australian      10  Year   Bond   Futures    June   2020
      243    AUD                            2020年６月        24,025,640         124,573
            CAC  40  Index   Futures    June   2020
     2,032     EUR                            2020年６月        106,647,571         7,399,676
            Canadian     10  Year   Bond   Futures    September     2020
     7,338     CAD                            2020年９月        818,369,857          434,053
            DAX  Index   Futures    June   2020
      (95)    EUR                            2020年６月        30,739,858        (2,063,559)
            E-Mini    S&P  500  Index   Futures    June   2020
     (579)    USD                            2020年６月        87,495,585       (13,223,918)
            Euro   Bund   Futures    June   2020
     (963)    EUR                            2020年６月        184,543,028          340,129
            FTSE   100  Index   Futures    June   2020
    (1,852)     GBP                            2020年６月        139,823,388        (5,848,482)
            FTSE   MIB  Index   Futures    June   2020
      175    EUR                            2020年６月        17,732,128         863,086
            FTSE/JSE     Top  40  Index   Futures    June   2020
    (5,228)     ZAR                            2020年６月        139,532,684        (15,087,364)
            Hang   Seng   China   Enterprises      Futures    June   2020
     1,270     HKD                            2020年６月        77,758,277         627,158
            Hang   Seng   Index   Futures    June   2020
      452    HKD                            2020年６月        66,356,672         (122,460)
            IBEX   35  Index   Futures    June   2020
     2,106     EUR                            2020年６月        166,312,273         8,840,703
            Japan   10  Year   Bond   Futures    June   2020
      134    JPY                            2020年６月        189,604,425         (317,575)
            MSCI   Singapore     Index   Futures    June   2020
      220    SGD                            2020年６月         4,481,856         (47,315)
            OMX  Stockholm     30  Index   Futures    June   2020
    (10,346)      SEK                            2020年６月        178,908,833        (11,140,673)
            S&P/TSX    60  Index   Futures    June   2020
     (390)    CAD                            2020年６月        51,937,711        (2,120,567)
            SGX  NIFTY   50  Futures    June   2020
    (1,142)     USD                            2020年６月        21,729,976        (1,096,708)
            SPI  200  Index   Futures    June   2020
    (1,195)     AUD                            2020年６月        113,991,375        (5,713,650)
            Swiss   Market    Index   Futures    June   2020
     1,053     CHF                            2020年６月        108,044,010        10,131,502
            Topix   Index   Futures    June   2020
      180    JPY                            2020年６月        26,088,412        1,063,979
            UK  Long   Gilt   Bond   Futures    September     2020
    (1,217)     GBP                            2020年９月        206,354,491          538,592
            US  Treasury     10  Year   Note   Futures    September     2020           350,441,625          165,592
    (2,524)     USD                            2020年９月
    合計                                        3,135,232,796         (25,367,889)
    添付の注記は、これらの財務書類の不可分の一部である。

                                217/270










                                                          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）
    未決済先渡為替予約　2020年５月31日現在
                                                   未実現純評価益／
    通貨     買予約      通貨     売予約             取引相手             期日       （損）
                                                    （米ドル）
                             Bank   of  America    Merrill    Lynch
    AUD     11,892,000      USD     7,690,460                        17/6/2020         202,378
                                     Barclays     Bank
    AUD     18,586,572      USD     11,863,490                         17/6/2020         472,601
                                      BNP  Paribas
    AUD     1,834,000      USD     1,204,747                        17/6/2020          12,497
    AUD     11,594,000      USD     7,623,063                   Citibank     17/6/2020          71,990
                                     Deutsche     Bank
    AUD     30,779,230      USD     18,722,698                         17/6/2020        1,705,783
                                     Goldman    Sachs
    AUD     46,525,000      USD     27,902,345                         17/6/2020        2,976,759
                                       JP  Morgan
    AUD    117,369,034       USD     72,556,892                         17/6/2020        5,342,101
                                     Morgan    Stanley
    AUD     40,677,663      USD     24,974,773                         17/6/2020        2,023,396
                             Bank   of  America    Merrill    Lynch
    AUD     11,887,000      USD     7,687,666                        15/7/2020         201,760
                                     Barclays     Bank
    AUD     18,580,605      USD     11,859,933                         15/7/2020         472,051
                                      BNP  Paribas
    AUD     1,831,000      USD     1,202,819                        15/7/2020          12,420
    AUD     11,592,000      USD     7,622,000                   Citibank     15/7/2020          71,634
                                       JP  Morgan
    AUD     53,886,395      USD     34,157,735                         15/7/2020        1,606,776
                                     Morgan    Stanley
    AUD     9,806,000      USD     6,464,507                        15/7/2020          43,755
                             Bank   of  America    Merrill    Lynch
    AUD     7,612,000      USD     4,898,893                        19/8/2020         153,036
                                      BNP  Paribas
    AUD     1,831,000      USD     1,202,846                        19/8/2020          12,351
    AUD     11,592,000      USD     7,622,164                   Citibank     19/8/2020          71,210
                                     Morgan    Stanley
    AUD     9,806,000      USD     6,464,558                        19/8/2020          43,484
                             Bank   of  America    Merrill    Lynch
    BRL     44,439,000      USD     8,661,770                        17/6/2020         (489,331)
                                     Barclays     Bank
    BRL     16,035,000      USD     3,416,427                        17/6/2020         (467,552)
    BRL     48,395,000      USD     9,599,961                   Citibank     17/6/2020         (700,006)
                                     Deutsche     Bank
    BRL     46,542,000      USD     8,579,171                        17/6/2020         (19,986)
                                     Goldman    Sachs
    BRL     45,002,000      USD     9,364,385                        17/6/2020        (1,088,410)
    BRL    161,635,000       USD     30,424,815                     HSBC   17/6/2020         (699,753)
                                       JP  Morgan
    BRL    105,307,000       USD     19,203,253                         17/6/2020         162,956
                                     Morgan    Stanley
    BRL    162,592,000       USD     32,660,909                         17/6/2020        (2,759,852)
                                     Deutsche     Bank
    BRL     46,603,000      USD     8,577,766                        15/7/2020         (21,362)
    BRL    131,741,000       USD     24,468,329                     HSBC   15/7/2020         (280,419)
                                       JP  Morgan
    BRL     81,936,000      USD     14,691,067                         15/7/2020         352,545
                                     Morgan    Stanley
    BRL     30,873,000      USD     5,656,675                        15/7/2020          11,669
    BRL     32,242,000      USD     5,431,604                     HSBC   19/8/2020         479,670
                             Bank   of  America    Merrill    Lynch
    CAD     24,495,606      USD     17,395,107                         17/6/2020         388,418
                                      BNP  Paribas
    CAD     77,200,699      USD     55,633,008                         17/6/2020         413,803
                                     Goldman    Sachs
    CAD     40,852,797      USD     29,071,711                         17/6/2020         586,944
                                       JP  Morgan
    CAD    400,849,947       USD    292,546,295                         17/6/2020        (1,533,888)
                                     Morgan    Stanley
    CAD    142,840,000       USD    101,877,110                         17/6/2020        1,823,070
                                    Societe    Generale
    CAD     11,543,301      USD     8,336,680                        17/6/2020          43,622
    CAD     43,843,000      USD     31,436,748                      UBS   17/6/2020         392,761
                             Bank   of  America    Merrill    Lynch
    CAD     17,469,683      USD     12,450,678                         15/7/2020         232,224
                                      BNP  Paribas
    CAD     42,993,000      USD     30,718,233                         15/7/2020         494,469
                                     Goldman    Sachs
    CAD    138,754,253       USD     98,120,957                         15/7/2020        2,613,934
                                       JP  Morgan
    CAD     34,231,274      USD     24,398,401                         15/7/2020         453,332
    CAD    143,736,030       USD    102,471,474                    Citibank     19/8/2020        1,880,161
                                218/270




                                                          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）
                                                   未実現純評価益／
    通貨     買予約      通貨     売予約             取引相手             期日       （損）
                                                    （米ドル）
                                     Deutsche     Bank
    CHF     8,155,000      EUR     7,703,607                        17/6/2020         (98,720)
                                       JP  Morgan
    CHF     4,832,000      EUR     4,576,096                        17/6/2020         (71,346)
                                     Barclays     Bank
    CHF     20,934,000      USD     21,827,564                         17/6/2020         (85,457)
                                       JP  Morgan
    CHF     8,462,000      USD     8,755,294                        17/6/2020          33,362
                             Bank   of  America    Merrill    Lynch
    CLP   1,950,454,000        USD     2,360,182                        17/6/2020          55,586
                                     Barclays     Bank
    CLP   5,094,948,000        USD     6,309,768                        17/6/2020            666
    CLP   8,062,562,000        USD     9,575,257                   Citibank     17/6/2020         410,764
                                     Credit    Suisse
    CLP   16,439,145,000        USD     19,891,073                         17/6/2020         469,906
                                     Deutsche     Bank
    CLP   9,420,276,000        USD     11,337,887                         17/6/2020         329,754
                                     Goldman    Sachs
    CLP   2,345,807,000        USD     2,754,911                        17/6/2020         150,527
    CLP   3,808,795,000        USD     4,446,929                     HSBC   17/6/2020         270,518
                                       JP  Morgan
    CLP   23,250,719,000        USD     27,519,599                         17/6/2020        1,277,970
                                     Morgan    Stanley
    CLP   8,703,770,000        USD     10,149,431                         17/6/2020         630,770
                             Bank   of  America    Merrill    Lynch
    CLP   1,948,735,000        USD     2,359,300                        15/7/2020          54,368
                                     Barclays     Bank
    CLP   5,092,626,000        USD     6,309,783                        15/7/2020          (2,148)
    CLP   3,261,834,000        USD     3,985,234                   Citibank     15/7/2020          54,815
                                     Credit    Suisse
    CLP   9,439,805,000        USD     11,493,186                         15/7/2020         198,786
                                     Deutsche     Bank
    CLP   3,424,377,000        USD     4,157,614                        15/7/2020          83,758
                                     Morgan    Stanley
    CLP   2,072,414,000        USD     2,459,839                        15/7/2020         107,016
                                     Barclays     Bank
    CLP   5,088,753,000        USD     6,309,675                        19/8/2020          (5,750)
                                     Credit    Suisse
    CLP   4,890,500,000        USD     5,997,449                        19/8/2020          60,881
                                     Deutsche     Bank
    CLP   3,422,901,000        USD     4,157,437                        19/8/2020          82,838
                                     Goldman    Sachs
    CLP   3,260,334,000        USD     3,985,982                        19/8/2020          52,905
                                     Deutsche     Bank
    EUR     2,784,821      CHF     2,942,164                        17/6/2020          41,746
                                     Morgan    Stanley
    EUR     11,593,442      CHF     12,209,500                         17/6/2020         214,270
    EUR     13,194,119      CHF     13,934,836                      UBS   17/6/2020         202,722
                             Bank   of  America    Merrill    Lynch
    EUR     15,623,479      USD     16,960,360                         17/6/2020         417,234
                                     Barclays     Bank
    EUR    196,636,752       USD    218,610,077                         17/6/2020         103,930
                                      BNP  Paribas
    EUR     30,676,000      USD     33,410,142                         17/6/2020         709,985
                                     Deutsche     Bank
    EUR     7,596,521      USD     8,229,060                        17/6/2020         220,355
                                       JP  Morgan
    EUR     28,358,000      USD     31,294,726                         17/6/2020         247,149
                             Bank   of  America    Merrill    Lynch
    EUR     15,607,784      USD     16,955,869                         15/7/2020         414,545
                                      BNP  Paribas
    EUR     20,019,000      USD     21,751,244                         15/7/2020         528,556
    EUR     25,000,000      USD     27,487,860                   Citibank     15/7/2020         335,457
                                     Deutsche     Bank
    EUR     7,589,216      USD     8,226,187                        15/7/2020         220,100
                                       JP  Morgan
    EUR     39,095,069      USD     42,340,972                         15/7/2020        1,169,208
                                     Barclays     Bank
    EUR     50,659,896      USD     54,869,592                         19/8/2020        1,553,808
                             Bank   of  America    Merrill    Lynch
    GBP     44,339,080      USD     56,898,346                         17/6/2020        (2,134,331)
                                     Barclays     Bank
    GBP     13,000,000      USD     16,179,131                         17/6/2020         (122,591)
                                      BNP  Paribas
    GBP     4,692,000      USD     5,844,881                        17/6/2020         (49,705)
                                     Deutsche     Bank
    GBP     38,208,433      USD     47,081,762                         17/6/2020         110,177
                                     Goldman    Sachs
    GBP     3,242,420      USD     3,958,213                        17/6/2020          46,559
    GBP     3,292,630      USD     4,258,852                     HSBC   17/6/2020         (192,064)
                                       JP  Morgan
    GBP     5,559,067      USD     6,829,926                        17/6/2020          36,180
                                219/270




                                                          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）
                                                   未実現純評価益／
    通貨     買予約      通貨     売予約             取引相手             期日       （損）
                                                    （米ドル）
                                     Morgan    Stanley
    GBP     14,217,000      USD     17,377,483                         17/6/2020         182,196
                             Bank   of  America    Merrill    Lynch
    GBP     1,354,000      USD     1,665,955                        15/7/2020          6,602
                                      BNP  Paribas
    GBP     4,690,000      USD     5,843,187                        15/7/2020         (49,767)
                                     Deutsche     Bank
    GBP     20,919,329      USD     26,056,341                         15/7/2020         (215,307)
                                       JP  Morgan
    GBP     1,673,671      USD     2,068,362                        15/7/2020           (926)
                                     Morgan    Stanley
    GBP     14,211,000      USD     17,372,415                         15/7/2020         182,016
                                       JP  Morgan
    GBP     22,814,270      USD     28,134,186                         19/8/2020          51,348
                                     Morgan    Stanley
    GBP     14,209,000      USD     17,372,287                         19/8/2020         182,001
                             Bank   of  America    Merrill    Lynch
    HKD     28,499,943      USD     3,674,263                        17/6/2020           (115)
                                     Deutsche     Bank
    HKD     32,344,057      USD     4,169,983                        17/6/2020           (261)
    HKD     49,324,000      USD     6,359,426                     HSBC   17/6/2020           (688)
                             Bank   of  America    Merrill    Lynch
    HUF   4,170,105,591        USD     12,761,428                         17/6/2020         547,905
                                     Barclays     Bank
    HUF    622,442,000       USD     1,898,521                        17/6/2020          88,069
                                      BNP  Paribas
    HUF   15,224,543,464        USD     48,900,444                         17/6/2020         (309,703)
                                     Credit    Suisse
    HUF   6,546,994,422        USD     20,447,081                         17/6/2020         448,346
                                       JP  Morgan
    HUF    495,949,000       USD     1,610,625                        17/6/2020         (27,751)
                                    Societe    Generale
    HUF   8,093,560,522        USD     24,764,162                         17/6/2020        1,067,293
                             Bank   of  America    Merrill    Lynch
    HUF   2,060,132,039        USD     6,296,311                        15/7/2020         277,618
                                     Barclays     Bank
    HUF    622,454,000       USD     1,897,987                        15/7/2020          88,279
                                      BNP  Paribas
    HUF   1,820,396,223        USD     5,510,923                        15/7/2020         298,004
                                     Credit    Suisse
    HUF   4,663,978,000        USD     14,561,915                         15/7/2020         320,948
                                    Societe    Generale
    HUF   4,423,277,738        USD     13,335,236                         15/7/2020         779,547
                                     Credit    Suisse
    HUF   1,079,325,000        USD     3,401,958                        19/8/2020          41,052
                             Bank   of  America    Merrill    Lynch
    INR   4,274,571,350        USD     56,820,037                         17/6/2020         (361,248)
    INR   11,691,925,000        USD    155,483,817                      HSBC   17/6/2020        (1,056,187)
                                       JP  Morgan
    INR   1,378,221,000        USD     17,678,566                         17/6/2020         525,058
                                     Barclays     Bank
    INR   6,855,532,570        USD     87,443,017                         15/7/2020        2,822,354
                                     Goldman    Sachs
    INR    148,441,000       USD     1,908,882                        15/7/2020          45,610
                                     Morgan    Stanley
    INR   4,403,800,740        USD     57,423,403                         19/8/2020         346,193
                             Bank   of  America    Merrill    Lynch
    JPY   4,045,591,042        USD     38,104,517                         17/6/2020         (486,490)
                                      BNP  Paribas
    JPY   1,074,547,000        USD     9,984,538                        17/6/2020          7,163
    JPY   1,918,067,000        USD     17,910,661                   Citibank     17/6/2020         (75,470)
                                     Goldman    Sachs
    JPY   1,225,469,870        USD     11,755,309                         17/6/2020         (360,249)
                                       JP  Morgan
    JPY   1,465,202,605        USD     13,767,695                         17/6/2020         (143,474)
                                     Morgan    Stanley
    JPY   2,132,368,353        USD     19,872,759                         17/6/2020         (44,880)
                             Bank   of  America    Merrill    Lynch
    JPY   2,442,679,957        USD     22,746,286                         15/7/2020         (22,988)
                                      BNP  Paribas
    JPY   1,073,509,000        USD     9,981,348                        15/7/2020          5,087
    JPY   1,022,062,000        USD     9,534,479                   Citibank     15/7/2020         (26,635)
                                       JP  Morgan
    JPY    675,010,596       USD     6,322,767                        15/7/2020         (43,407)
                                     Morgan    Stanley
    JPY   1,375,486,447        USD     12,798,888                         15/7/2020          (3,274)
                             Bank   of  America    Merrill    Lynch
    JPY   1,605,464,105        USD     14,916,553                         19/8/2020          26,525
    JPY   1,021,416,000        USD     9,534,128                   Citibank     19/8/2020         (27,157)
                                     Morgan    Stanley
    JPY   1,077,648,895        USD     10,016,236                         19/8/2020          14,130
                                220/270




                                                          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）
                                                   未実現純評価益／
    通貨     買予約      通貨     売予約             取引相手             期日       （損）
                                                    （米ドル）
                             Bank   of  America    Merrill    Lynch
    KRW   67,593,142,000        USD     55,020,080                         17/6/2020         (385,059)
    KRW   7,797,970,260        USD     6,292,456                   Citibank     17/6/2020          10,583
    KRW   39,925,858,740        USD     32,564,769                     HSBC   17/6/2020         (293,001)
                                       JP  Morgan
    KRW   8,203,640,000        USD     6,751,967                        17/6/2020         (121,027)
                                     Morgan    Stanley
    KRW   28,429,043,000        USD     23,194,544                         17/6/2020         (215,565)
    KRW   11,208,683,000        USD     9,206,139                     UBS   17/6/2020         (146,246)
                             Bank   of  America    Merrill    Lynch
    KRW   14,543,946,000        USD     11,980,882                         15/7/2020         (223,004)
    KRW   2,109,608,000        USD     1,738,115                   Citibank     15/7/2020         (32,628)
    KRW   20,691,916,000        USD     16,972,863                     HSBC   15/7/2020         (244,732)
                                     Morgan    Stanley
    KRW   1,267,057,000        USD     1,039,764                        15/7/2020         (15,428)
                             Bank   of  America    Merrill    Lynch
    MXN    113,305,552       USD     4,667,984                        17/6/2020         442,305
    MXN    947,055,000       USD     47,177,016                     HSBC   17/6/2020        (4,463,091)
                                       JP  Morgan
    MXN    814,116,688       USD     38,455,808                         17/6/2020        (1,737,646)
    MXN    173,994,000       USD     7,888,143                     UBS   17/6/2020         (40,693)
                             Bank   of  America    Merrill    Lynch
    MXN    113,709,000       USD     4,665,682                        15/7/2020         441,128
    MXN     2,439,200      USD       97,384                 Citibank     15/7/2020          12,163
                                       JP  Morgan
    MXN     39,405,000      USD     1,740,668                        15/7/2020          29,057
                             Bank   of  America    Merrill    Lynch
    MXN     88,306,900      USD     3,601,174                        19/8/2020         345,079
                                       JP  Morgan
    MXN     39,596,100      USD     1,740,483                        19/8/2020          28,984
                             Bank   of  America    Merrill    Lynch
    NOK     26,873,836      USD     2,582,357                        17/6/2020         183,370
                                     Credit    Suisse
    NOK    704,387,404       USD     67,587,002                         17/6/2020        4,905,166
                                     Deutsche     Bank
    NOK    932,610,977       USD     86,741,166                         17/6/2020        9,238,677
                                       JP  Morgan
    NOK    730,463,000       USD     72,757,163                         17/6/2020        2,418,581
                                     Morgan    Stanley
    NOK    106,066,283       USD     10,089,514                         17/6/2020         826,319
                             Bank   of  America    Merrill    Lynch
    NOK     26,861,913      USD     2,581,657                        15/7/2020         183,440
                                     Barclays     Bank
    NOK    253,848,770       USD     24,381,103                         15/7/2020        1,749,445
                                     Credit    Suisse
    NOK    145,190,000       USD     13,763,005                         15/7/2020        1,182,485
                                     Deutsche     Bank
    NOK    208,525,573       USD     20,007,203                         15/7/2020        1,457,890
                                     Morgan    Stanley
    NOK     86,786,514      USD     8,336,406                        15/7/2020         597,178
                             Bank   of  America    Merrill    Lynch
    NZD     19,984,057      USD     11,979,610                         17/6/2020         416,876
                                     Barclays     Bank
    NZD      664,902     USD      401,687                       17/6/2020          10,764
                                      BNP  Paribas
    NZD     60,454,832      USD     36,191,820                         17/6/2020        1,309,449
    NZD     8,632,733      USD     5,161,571                   Citibank     17/6/2020         193,475
                                     Credit    Suisse
    NZD     14,968,000      USD     9,456,922                        17/6/2020         (171,991)
                                     Deutsche     Bank
    NZD     48,790,040      USD     30,678,861                         17/6/2020         (413,483)
                                     Goldman    Sachs
    NZD     11,692,143      USD     7,034,384                        17/6/2020         218,471
    NZD     14,662,831      USD     8,707,156                     HSBC   17/6/2020         388,474
                                       JP  Morgan
    NZD     49,679,404      USD     29,251,678                         17/6/2020        1,565,389
                                     Morgan    Stanley
    NZD     7,803,098      USD     4,709,248                        17/6/2020         131,161
                             Bank   of  America    Merrill    Lynch
    NZD     14,418,301      USD     8,671,442                        15/7/2020         271,074
                                      BNP  Paribas
    NZD     35,205,941      USD     21,200,754                         15/7/2020         634,666
    NZD     8,631,622      USD     5,160,113                   Citibank     15/7/2020         193,389
                                     Goldman    Sachs
    NZD     11,691,388      USD     7,032,267                        15/7/2020         218,963
                                221/270




                                                          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）
                                                   未実現純評価益／
    通貨     買予約      通貨     売予約             取引相手             期日       （損）
                                                    （米ドル）
                                       JP  Morgan
    NZD    103,570,588       USD     60,809,270                         15/7/2020        3,427,255
                                      BNP  Paribas
    NZD     19,486,897      USD     11,727,348                         19/8/2020         355,950
    NZD     8,633,103      USD     5,159,980                   Citibank     19/8/2020         193,174
                                     Morgan    Stanley
    NZD    126,294,600       USD     76,726,495                         19/8/2020        1,585,374
                             Bank   of  America    Merrill    Lynch
    PLN     36,925,885      USD     8,817,907                        17/6/2020         421,404
    PLN     8,309,000      USD     1,972,824                   Citibank     17/6/2020         106,190
                                     Credit    Suisse
    PLN     57,019,000      USD     13,620,765                         17/6/2020         646,090
                                     Deutsche     Bank
    PLN     14,077,737      USD     3,333,113                        17/6/2020         189,310
    PLN    248,971,220       USD     64,735,107                     HSBC   17/6/2020        (2,439,445)
                                    Societe    Generale
    PLN     4,933,378      USD     1,178,768                        17/6/2020          55,624
                             Bank   of  America    Merrill    Lynch
    PLN     29,025,277      USD     6,899,140                        15/7/2020         363,071
    PLN    105,058,440       USD     24,756,516                   Citibank     15/7/2020        1,529,422
                                     Credit    Suisse
    PLN     41,607,000      USD     9,948,385                        15/7/2020         461,812
                                     Deutsche     Bank
    PLN     14,073,390      USD     3,331,942                        15/7/2020         189,263
                                    Societe    Generale
    PLN     4,932,333      USD     1,178,433                        15/7/2020          55,651
                             Bank   of  America    Merrill    Lynch
    PLN     15,068,127      USD     3,567,079                        19/8/2020         203,059
    PLN    115,578,310       USD     27,393,100                   Citibank     19/8/2020        1,525,301
                                     Deutsche     Bank
    PLN     14,073,873      USD     3,331,993                        19/8/2020         189,376
                             Bank   of  America    Merrill    Lynch
    RUB   5,244,809,000        USD     71,594,558                         17/6/2020        2,535,708
                                     Goldman    Sachs
    RUB   4,881,188,600        USD     66,775,891                         17/6/2020        2,214,955
    RUB    464,986,000       USD     6,304,895                     HSBC   17/6/2020         267,229
                                       JP  Morgan
    RUB    232,490,000       USD     3,149,418                        17/6/2020         136,602
                             Bank   of  America    Merrill    Lynch
    RUB    233,425,000       USD     3,149,497                        15/7/2020         137,505
                                     Goldman    Sachs
    RUB   2,487,201,490        USD     31,965,207                         15/7/2020        3,058,618
    RUB    466,855,000       USD     6,307,036                     HSBC   15/7/2020         267,038
                                       JP  Morgan
    RUB    233,425,000       USD     3,150,518                        15/7/2020         136,484
                                       JP  Morgan
    RUB   2,519,544,600        USD     33,856,201                         19/8/2020        1,472,802
                             Bank   of  America    Merrill    Lynch
    SEK     27,912,000      USD     2,897,895                        17/6/2020          56,422
                                     Barclays     Bank
    SEK    420,335,921       USD     41,771,179                         17/6/2020        2,718,843
    SEK     11,717,000      USD     1,219,132                   Citibank     17/6/2020          21,042
                                     Credit    Suisse
    SEK    955,307,500       USD     96,451,875                         17/6/2020        4,661,661
                                     Deutsche     Bank
    SEK    149,311,530       USD     14,989,442                         17/6/2020         814,284
                                     Goldman    Sachs
    SEK    159,864,000       USD     16,885,779                         17/6/2020          34,861
    SEK    399,247,000       USD     40,998,670                     HSBC   17/6/2020        1,259,217
                                       JP  Morgan
    SEK    208,812,000       USD     21,911,312                         17/6/2020         190,178
                                     Morgan    Stanley
    SEK    117,376,549       USD     11,679,229                         17/6/2020         744,370
                             Bank   of  America    Merrill    Lynch
    SEK     27,895,000      USD     2,896,942                        15/7/2020          56,354
                                     Barclays     Bank
    SEK     24,975,786      USD     2,492,176                        15/7/2020         152,058
    SEK     11,710,000      USD     1,218,719                   Citibank     15/7/2020          21,041
                                     Credit    Suisse
    SEK    676,878,000       USD     68,440,793                         15/7/2020        3,221,552
                                     Deutsche     Bank
    SEK     65,547,000      USD     6,643,625                        15/7/2020         295,959
                                     Goldman    Sachs
    SEK     11,455,000      USD     1,169,282                        15/7/2020          43,480
                                       JP  Morgan
    SEK     65,095,000      USD     6,775,067                        15/7/2020         116,663
                                222/270




                                                          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）
                                                   未実現純評価益／
    通貨     買予約      通貨     売予約             取引相手             期日       （損）
                                                    （米ドル）
                                     Morgan    Stanley
    SEK     33,434,214      USD     3,334,766                        15/7/2020         204,977
                             Bank   of  America    Merrill    Lynch
    SEK     27,890,000      USD     2,897,295                        19/8/2020          56,408
    SEK     11,706,000      USD     1,218,691                   Citibank     19/8/2020          21,038
                                     Credit    Suisse
    SEK    210,709,000       USD     21,752,484                         19/8/2020         562,746
                                       JP  Morgan
    SEK     65,070,000      USD     6,774,566                        19/8/2020         116,701
                                     Barclays     Bank
    SGD     61,840,000      USD     44,889,500                         17/6/2020        (1,144,638)
                                      BNP  Paribas
    SGD     2,929,000      USD     2,021,659                        17/6/2020          50,280
                                     Goldman    Sachs
    SGD     2,728,500      USD     1,920,592                        17/6/2020          9,515
                                       JP  Morgan
    SGD    144,285,200       USD    103,874,790                         17/6/2020        (1,809,199)
                                    Societe    Generale
    SGD     22,553,990      USD     15,730,873                         15/7/2020         224,904
                             Bank   of  America    Merrill    Lynch
    THB     10,769,243      USD      330,598                       17/6/2020          7,929
                                      BNP  Paribas
    THB    451,275,000       USD     13,822,379                         17/6/2020         363,292
                                     Deutsche     Bank
    THB     91,785,757      USD     2,818,800                        17/6/2020          66,453
    THB   1,146,461,000        USD     35,346,436                     HSBC   17/6/2020         692,161
                                       JP  Morgan
    THB    219,157,000       USD     6,842,491                        17/6/2020          46,631
                                     Morgan    Stanley
    THB   1,503,708,500        USD     47,087,830                         17/6/2020         180,717
                                Standard     Chartered     Bank
    THB   2,541,588,000        USD     78,876,815                         17/6/2020        1,017,106
                                      BNP  Paribas
    THB    351,580,000       USD     10,752,442                         15/7/2020         298,363
    THB    565,698,000       USD     17,662,164                     HSBC   15/7/2020         118,762
                                     Morgan    Stanley
    THB    342,900,000       USD     10,481,903                         15/7/2020         296,073
                                Standard     Chartered     Bank
    THB   2,416,954,000        USD     75,036,682                         15/7/2020         932,616
                                      BNP  Paribas
    THB   1,263,444,070        USD     39,341,857                         19/8/2020         366,569
    THB    179,565,000       USD     5,642,262                     HSBC   19/8/2020          1,235
                                Standard     Chartered     Bank
    THB    921,005,000       USD     28,815,297                         19/8/2020         130,708
                                     Credit    Suisse
    TWD   2,749,258,000        USD     92,560,587                         17/6/2020         (937,907)
    TWD    237,070,000       USD     7,970,079                     HSBC   17/6/2020         (69,406)
                                       JP  Morgan
    TWD   1,182,738,000        USD     39,757,656                         17/6/2020         (341,339)
                                Standard     Chartered     Bank
    TWD    384,770,000       USD     12,920,416                         17/6/2020         (97,444)
                                     Credit    Suisse
    TWD    935,578,000       USD     31,492,892                         15/7/2020         (247,919)
                                     Goldman    Sachs
    TWD     37,668,170      USD     1,262,127                        15/7/2020          (4,144)
                                       JP  Morgan
    TWD    231,046,000       USD     7,806,927                        15/7/2020         (90,813)
                                     Credit    Suisse
    TWD    165,187,000       USD     5,567,100                        19/8/2020         (35,038)
    TWD    291,081,340       USD     9,879,555                     HSBC   19/8/2020         (131,331)
                             Bank   of  America    Merrill    Lynch
    USD     71,120,785      AUD    112,676,499                         17/6/2020        (3,663,726)
                                     Barclays     Bank
    USD     45,568,815      AUD     69,700,000                         17/6/2020         (691,767)
                                      BNP  Paribas
    USD     30,509,152      AUD     48,976,974                         17/6/2020        (1,997,351)
                                     Deutsche     Bank
    USD     45,022,534      AUD     71,431,148                         17/6/2020        (2,387,027)
                                     Goldman    Sachs
    USD     57,956,085      AUD     89,799,727                         17/6/2020        (1,644,885)
                                       JP  Morgan
    USD     37,617,246      AUD     58,810,602                         17/6/2020        (1,415,937)
                             Bank   of  America    Merrill    Lynch
    USD     47,283,908      AUD     73,975,706                         15/7/2020        (1,813,920)
                                      BNP  Paribas
    USD     13,968,535      AUD     21,873,000                         15/7/2020         (548,620)
                                     Goldman    Sachs
    USD     4,793,943      AUD     7,548,043                        15/7/2020         (215,708)
                                       JP  Morgan
    USD     19,013,614      AUD     29,964,251                         15/7/2020         (873,721)
                                223/270




                                                          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）
                                                   未実現純評価益／
    通貨     買予約      通貨     売予約             取引相手             期日       （損）
                                                    （米ドル）
                                     Morgan    Stanley
    USD     80,634,488      AUD    134,648,620                         15/7/2020        (8,732,077)
                             Bank   of  America    Merrill    Lynch
    USD    113,186,216       AUD    174,841,150                         19/8/2020        (2,852,286)
                             Bank   of  America    Merrill    Lynch
    USD    109,538,046       BRL    515,507,950                         17/6/2020        14,734,904
    USD     7,006,855      BRL     37,604,000                   Citibank     17/6/2020          91,390
                                     Goldman    Sachs
    USD     19,536,132      BRL     90,970,000                         17/6/2020        2,806,532
    USD     5,713,936      BRL     30,385,000                   Citibank     15/7/2020         135,190
                                     Goldman    Sachs
    USD     1,289,846      BRL     7,258,000                        15/7/2020         (42,737)
    USD     53,564,145      BRL    284,693,430                      HSBC   15/7/2020        1,293,865
                             Bank   of  America    Merrill    Lynch
    USD     3,171,892      BRL     18,433,450                         19/8/2020         (207,712)
                                      BNP  Paribas
    USD     1,000,000      BRL     5,626,880                        19/8/2020         (31,637)
    USD     5,714,044      BRL     30,433,000                   Citibank     19/8/2020         134,434
                                     Morgan    Stanley
    USD      292,351     BRL     1,645,120                        19/8/2020          (9,266)
                             Bank   of  America    Merrill    Lynch
    USD     1,090,741      CAD     1,517,409                        17/6/2020         (10,880)
                                      BNP  Paribas
    USD     4,100,854      CAD     5,703,591                        17/6/2020         (39,887)
    USD     96,605,448      CAD    137,804,605                    Citibank     17/6/2020        (3,439,095)
                                     Deutsche     Bank
    USD     36,266,122      CAD     50,338,264                         17/6/2020         (278,873)
                                     Goldman    Sachs
    USD     89,089,281      CAD    125,456,611                         17/6/2020        (1,990,760)
                                       JP  Morgan
    USD    120,164,755       CAD    170,830,519                         17/6/2020        (3,856,220)
                                     Morgan    Stanley
    USD     84,454,177      CAD    118,084,000                         17/6/2020        (1,273,436)
                             Bank   of  America    Merrill    Lynch
    USD     1,090,327      CAD     1,516,779                        15/7/2020         (10,847)
                                      BNP  Paribas
    USD     4,099,283      CAD     5,701,221                        15/7/2020         (39,775)
                                     Deutsche     Bank
    USD     13,632,837      CAD     19,139,705                         15/7/2020         (262,493)
                                     Goldman    Sachs
    USD     27,206,283      CAD     38,007,318                         15/7/2020         (386,839)
                                       JP  Morgan
    USD     16,428,655      CAD     23,056,977                         15/7/2020         (310,594)
                                     Morgan    Stanley
    USD     8,053,135      CAD     11,203,000                         15/7/2020         (80,187)
                             Bank   of  America    Merrill    Lynch
    USD     1,090,353      CAD     1,516,779                        19/8/2020         (10,820)
                                      BNP  Paribas
    USD     4,099,548      CAD     5,701,221                        19/8/2020         (39,510)
                                     Goldman    Sachs
    USD     4,842,687      CAD     6,677,000                        19/8/2020          (4,781)
                                     Morgan    Stanley
    USD     8,053,530      CAD     11,203,000                         19/8/2020         (79,792)
    USD     15,839,153      CHF     14,693,000                   Citibank     17/6/2020         578,965
                                       JP  Morgan
    USD     6,812,946      CHF     6,456,000                        17/6/2020         107,727
                             Bank   of  America    Merrill    Lynch
    USD     59,208,755      CLP   49,359,379,000                           17/6/2020        (1,926,133)
                                     Barclays     Bank
    USD     4,360,622      CLP   3,770,630,000                          17/6/2020         (309,555)
    USD     53,403,205      CLP   43,875,005,000                     Citibank     17/6/2020         (938,920)
                                     Credit    Suisse
    USD     37,228,744      CLP   30,947,786,000                           17/6/2020        (1,102,158)
                                       JP  Morgan
    USD     2,373,458      CLP   1,969,970,000                          17/6/2020         (66,482)
                                     Credit    Suisse
    USD     8,134,902      CLP   6,874,582,000                          15/7/2020         (379,832)
                                     Goldman    Sachs
    USD     80,426,627      CLP   69,200,678,500                           15/7/2020        (5,284,092)
                                     Goldman    Sachs
    USD     82,331,871      CLP   67,523,660,500                           19/8/2020        (1,316,143)
                             Bank   of  America    Merrill    Lynch
    USD     22,981,581      EUR     21,176,405                         17/6/2020         (572,390)
                                     Barclays     Bank
    USD     30,543,260      EUR     27,707,000                         17/6/2020         (274,523)
                                      BNP  Paribas
    USD     65,391,821      EUR     59,950,916                         17/6/2020        (1,290,041)
    USD     31,557,861      EUR     28,592,000                   Citibank     17/6/2020         (244,286)
                                224/270




                                                          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）
                                                   未実現純評価益／
    通貨     買予約      通貨     売予約             取引相手             期日       （損）
                                                    （米ドル）
                                     Deutsche     Bank
    USD     49,374,094      EUR     44,269,500                         17/6/2020         134,267
                                     Goldman    Sachs
    USD    101,685,847       EUR     91,448,000                         17/6/2020         (29,413)
    USD     18,077,876      EUR     16,648,595                     HSBC   17/6/2020         (439,928)
                                       JP  Morgan
    USD     23,350,394      EUR     20,841,084                         17/6/2020          169,391
                                     Morgan    Stanley
    USD     6,003,344      EUR     5,450,000                        17/6/2020         (58,551)
    USD     3,245,433      EUR     2,940,000                     UBS   17/6/2020         (24,653)
                             Bank   of  America    Merrill    Lynch
    USD     19,382,703      EUR     17,848,000                         15/7/2020         (480,921)
                                      BNP  Paribas
    USD     65,373,751      EUR     59,895,905                         15/7/2020        (1,286,362)
                                       JP  Morgan
    USD     1,076,713      EUR      991,095                       15/7/2020         (26,309)
    USD     1,545,802      EUR     1,403,000                     UBS   15/7/2020         (15,643)
                                      BNP  Paribas
    USD     34,924,672      EUR     31,815,000                         19/8/2020         (509,875)
    USD     1,545,856      EUR     1,402,000                     UBS   19/8/2020         (15,647)
                             Bank   of  America    Merrill    Lynch
    USD     16,633,473      GBP     14,224,412                         17/6/2020         (935,361)
                                     Barclays     Bank
    USD     31,489,129      GBP     24,384,000                         17/6/2020        1,372,002
                                      BNP  Paribas
    USD     12,909,233      GBP     10,384,000                         17/6/2020          83,763
                                     Deutsche     Bank
    USD     7,237,259      GBP     5,819,000                        17/6/2020          50,105
                                     Goldman    Sachs
    USD     18,639,410      GBP     15,059,000                         17/6/2020          39,762
                                       JP  Morgan
    USD     32,574,272      GBP     27,039,588                         17/6/2020         (822,822)
                                     Morgan    Stanley
    USD     9,954,252      GBP     8,123,000                        17/6/2020         (78,614)
                                     Deutsche     Bank
    USD     7,234,959      GBP     5,816,000                        15/7/2020          50,624
                                       JP  Morgan
    USD     11,523,361      GBP     9,375,950                        15/7/2020         (58,475)
                                     Morgan    Stanley
    USD     9,950,684      GBP     8,119,000                        15/7/2020         (78,478)
                                     Morgan    Stanley
    USD     9,950,707      GBP     8,118,000                        19/8/2020         (78,549)
    USD     9,925,860      HKD     77,115,000                   Citibank     17/6/2020         (15,631)
                                       JP  Morgan
    USD     8,696,834      HKD     67,549,000                         17/6/2020         (11,430)
                                      BNP  Paribas
    USD     1,469,730      HUF    468,491,000                         17/6/2020         (25,509)
                                     Credit    Suisse
    USD     19,549,654      HUF   6,375,686,000                          17/6/2020         (799,024)
                                     Deutsche     Bank
    USD    124,004,179       HUF   37,196,516,650                           17/6/2020        5,287,557
    USD     1,601,787      HUF    483,679,000                      HSBC   17/6/2020          58,074
                                      BNP  Paribas
    USD     1,469,275      HUF    468,427,000                         15/7/2020         (25,486)
                                     Credit    Suisse
    USD     19,543,363      HUF   6,375,892,000                          15/7/2020         (802,257)
                                     Deutsche     Bank
    USD     47,097,741      HUF   15,901,874,000                           15/7/2020        (3,645,511)
                                      BNP  Paribas
    USD     1,469,335      HUF    468,571,000                         19/8/2020         (25,390)
    USD     18,992,632      HUF   6,163,359,790                     Citibank     19/8/2020         (668,276)
                                     Credit    Suisse
    USD     10,901,959      HUF   3,575,074,000                          19/8/2020         (502,405)
                             Bank   of  America    Merrill    Lynch
    USD     23,218,512      INR   1,793,137,953                          17/6/2020         (465,360)
    USD     20,776,986      INR   1,608,383,000                     Citibank     17/6/2020         (466,630)
                                     Deutsche     Bank
    USD     12,544,661      INR    960,605,000                         17/6/2020         (143,065)
    USD     14,370,936      INR   1,110,984,048                       HSBC   17/6/2020         (303,008)
                                       JP  Morgan
    USD     66,449,120      INR   5,055,784,000                          17/6/2020         (327,973)
                                     Morgan    Stanley
    USD     9,302,071      INR    725,378,000                         17/6/2020         (278,764)
                                    Societe    Generale
    USD     1,437,464      INR    109,299,000                         17/6/2020          (6,164)
    USD     28,804,193      INR   2,209,725,000                       UBS   17/6/2020         (381,983)
                             Bank   of  America    Merrill    Lynch
    USD     9,902,330      INR    765,580,000                         15/7/2020         (177,902)
                                      BNP  Paribas
    USD     3,026,033      INR    233,386,000                         15/7/2020         (46,912)
                                225/270



                                                          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）
                                                   未実現純評価益／
    通貨     買予約      通貨     売予約             取引相手             期日       （損）
                                                    （米ドル）
    USD     7,471,790      INR    572,694,000                    Citibank     15/7/2020         (68,753)
    USD     11,685,807      INR    900,213,200                      HSBC   15/7/2020         (167,114)
                                       JP  Morgan
    USD      257,090     INR     19,773,800                         15/7/2020          (3,268)
                                Standard     Chartered     Bank
    USD      728,118     INR     55,476,000                         15/7/2020          (2,323)
    USD     8,381,631      INR    653,725,000                      UBS   15/7/2020         (225,830)
    USD     4,777,424      INR    365,664,000                      HSBC   19/8/2020         (19,401)
                                Standard     Chartered     Bank
    USD      728,080     INR     55,732,000                         19/8/2020          (3,019)
                             Bank   of  America    Merrill    Lynch
    USD     24,932,521      JPY   2,692,679,000                          17/6/2020         (105,420)
                                      BNP  Paribas
    USD     24,347,280      JPY   2,580,952,000                          17/6/2020         348,237
                                     Deutsche     Bank
    USD     8,366,705      JPY    891,485,000                         17/6/2020          77,211
                                     Goldman    Sachs
    USD     17,181,459      JPY   1,855,978,000                          17/6/2020         (76,397)
                                       JP  Morgan
    USD     25,642,672      JPY   2,769,462,000                          17/6/2020         (109,236)
                                     Morgan    Stanley
    USD     26,201,128      JPY   2,753,027,000                          17/6/2020          602,041
                             Bank   of  America    Merrill    Lynch
    USD     24,924,913      JPY   2,689,815,000                          15/7/2020         (97,386)
                                      BNP  Paribas
    USD     3,639,884      JPY    391,155,000                         15/7/2020          1,121
                                     Deutsche     Bank
    USD     3,636,987      JPY    391,155,000                         15/7/2020          (1,776)
                                       JP  Morgan
    USD     20,509,216      JPY   2,212,757,150                          15/7/2020         (75,200)
                                       JP  Morgan
    USD     46,742,498      JPY   5,020,409,350                          19/8/2020          14,347
                             Bank   of  America    Merrill    Lynch
    USD     11,279,559      KRW   13,789,533,000                           17/6/2020         133,584
                                     Deutsche     Bank
    USD     48,265,633      KRW   57,256,554,680                           17/6/2020        1,985,596
    USD    132,243,367       KRW  157,865,868,000                        HSBC   17/6/2020        4,641,589
    USD     7,437,689      KRW   9,110,425,000                       UBS   17/6/2020          73,802
                KRW             Bank   of  America    Merrill    Lynch
    USD     75,140,855         92,517,515,540                           15/7/2020         346,182
    USD     5,078,363      KRW   6,239,048,000                       HSBC   15/7/2020          34,479
    USD     7,432,869      KRW   9,100,805,000                       UBS   15/7/2020          75,433
                             Bank   of  America    Merrill    Lynch
    USD     6,779,276      KRW   8,344,272,000                          19/8/2020          32,685
                KRW
    USD     53,858,199         65,942,306,230                       HSBC   19/8/2020         541,888
                             Bank   of  America    Merrill    Lynch
    USD     6,154,761      MXN    148,883,870                         17/6/2020         (560,176)
                                     Barclays     Bank
    USD     10,362,336      MXN    229,186,912                         17/6/2020          25,585
    USD     1,277,834      MXN     30,566,805                   Citibank     17/6/2020         (100,786)
                                     Credit    Suisse
    USD     34,332,683      MXN    764,049,205                         17/6/2020         (127,345)
                                     Deutsche     Bank
    USD     2,425,398      MXN     58,604,454                         17/6/2020         (217,771)
                                     Goldman    Sachs
    USD     5,185,544      MXN    120,523,695                         17/6/2020         (250,297)
                                       JP  Morgan
    USD     8,834,456      MXN    210,868,262                         17/6/2020         (676,091)
                                     Morgan    Stanley
    USD     4,725,884      MXN    110,215,797                         17/6/2020         (245,052)
    USD     1,233,112      MXN     28,223,500                      UBS   17/6/2020         (39,820)
                             Bank   of  America    Merrill    Lynch
    USD     1,639,232      MXN     39,561,766                         15/7/2020         (137,534)
    USD     1,277,661      MXN     30,689,805                   Citibank     15/7/2020         (100,655)
                                       JP  Morgan
    USD     4,968,071      MXN    119,012,883                         15/7/2020         (376,942)
                                     Morgan    Stanley
    USD      188,544     MXN     4,556,546                        15/7/2020         (16,096)
                                     Barclays     Bank
    USD     20,093,210      MXN    486,484,360                         19/8/2020        (1,646,770)
                             Bank   of  America    Merrill    Lynch
    USD     8,337,592      NOK     85,361,348                         17/6/2020         (447,388)
                                226/270





                                                          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）
                                                   未実現純評価益／
    通貨     買予約      通貨     売予約             取引相手             期日       （損）
                                                    （米ドル）
                                     Credit    Suisse
    USD    146,177,917       NOK   1,518,047,773                          17/6/2020       (10,052,271)
                                     Deutsche     Bank
    USD     38,346,384      NOK    394,713,281                         17/6/2020        (2,275,612)
                                       JP  Morgan
    USD    134,711,412       NOK   1,256,469,280                          17/6/2020        5,401,628
                                     Morgan    Stanley
    USD     5,116,296      NOK     52,297,275                         17/6/2020         (265,888)
    USD     1,125,481      NOK     11,687,823                      UBS   17/6/2020         (77,374)
                             Bank   of  America    Merrill    Lynch
    USD     8,334,716      NOK     85,309,878                         15/7/2020         (446,866)
                                     Credit    Suisse
    USD    100,841,413       NOK   1,041,064,347                          15/7/2020        (6,323,107)
                                     Deutsche     Bank
    USD     26,675,226      NOK    272,209,699                         15/7/2020        (1,345,349)
                                       JP  Morgan
    USD     6,968,461      NOK     69,104,000                         15/7/2020         (144,930)
                                     Morgan    Stanley
    USD     5,114,573      NOK     52,267,076                         15/7/2020         (265,667)
                                     Credit    Suisse
    USD     8,654,953      NOK     86,005,710                         19/8/2020         (200,295)
                                     Deutsche     Bank
    USD     18,340,021      NOK    186,934,442                         19/8/2020         (906,968)
                                       JP  Morgan
    USD     6,968,349      NOK     69,086,000                         19/8/2020         (144,826)
                                     Morgan    Stanley
    USD     44,396,716      NOK    457,079,738                         19/8/2020        (2,664,748)
                                     Barclays     Bank
    USD     16,806,740      NZD     28,232,224                         17/6/2020         (706,239)
                                      BNP  Paribas
    USD     6,089,848      NZD     9,867,000                        17/6/2020         (30,837)
    USD     10,113,745      NZD     16,780,000                   Citibank     17/6/2020         (295,205)
                                     Deutsche     Bank
    USD     3,888,275      NZD     6,552,977                        17/6/2020         (176,660)
                                     Goldman    Sachs
    USD     19,982,616      NZD     33,066,621                         17/6/2020         (529,229)
                                       JP  Morgan
    USD     2,156,989      NZD     3,535,178                        17/6/2020         (35,948)
                                     Morgan    Stanley
    USD     6,088,764      NZD     9,870,000                        17/6/2020         (33,783)
                                      BNP  Paribas
    USD     6,090,061      NZD     9,869,000                        15/7/2020         (30,888)
    USD     3,210,073      NZD     5,249,000                   Citibank     15/7/2020         (45,460)
                                     Goldman    Sachs
    USD     11,715,007      NZD     19,274,000                         15/7/2020         (239,109)
                                     Morgan    Stanley
    USD     6,084,771      NZD     9,865,000                        15/7/2020         (33,696)
                                      BNP  Paribas
    USD     6,088,581      NZD     9,869,000                        19/8/2020         (30,919)
    USD     3,209,924      NZD     5,250,000                   Citibank     19/8/2020         (45,460)
                                     Morgan    Stanley
    USD     6,086,375      NZD     9,870,000                        19/8/2020         (33,745)
                             Bank   of  America    Merrill    Lynch
    USD     12,746,990      PLN     51,731,000                         17/6/2020         (196,743)
                                      BNP  Paribas
    USD     1,815,743      PLN     7,092,109                        17/6/2020          41,210
    USD     8,919,482      PLN     38,088,000                   Citibank     17/6/2020         (610,604)
                                     Credit    Suisse
    USD     17,089,469      PLN     70,818,000                         17/6/2020         (630,066)
                                     Goldman    Sachs
    USD     1,974,496      PLN     8,164,000                        17/6/2020         (68,238)
    USD     7,664,415      PLN     29,116,000                     HSBC   17/6/2020         379,233
                                       JP  Morgan
    USD     7,011,616      PLN     28,570,891                         17/6/2020         (137,172)
                             Bank   of  America    Merrill    Lynch
    USD     12,742,729      PLN     51,723,000                         15/7/2020         (198,522)
                                     Credit    Suisse
    USD     7,363,025      PLN     30,807,000                         15/7/2020         (344,980)
                                     Goldman    Sachs
    USD     1,973,817      PLN     8,162,000                        15/7/2020         (68,340)
                             Bank   of  America    Merrill    Lynch
    USD     12,742,500      PLN     51,727,000                         19/8/2020         (199,913)
                             Bank   of  America    Merrill    Lynch
    USD     34,661,167      RUB   2,623,363,000                          17/6/2020        (2,417,514)
                                     Barclays     Bank
    USD     1,523,866      RUB    116,210,000                         17/6/2020         (118,649)
    USD     8,464,380      RUB    621,052,000                    Citibank     17/6/2020         (313,586)
                                     Credit    Suisse
    USD     7,384,453      RUB    536,385,000                         17/6/2020         (196,826)
                                     Goldman    Sachs
    USD     14,401,249      RUB   1,071,758,000                          17/6/2020         (747,006)
                                227/270




                                                          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）
                                                   未実現純評価益／
    通貨     買予約      通貨     売予約             取引相手             期日       （損）
                                                    （米ドル）
    USD     6,895,711      RUB    504,835,000                      HSBC   17/6/2020         (239,640)
                                       JP  Morgan
    USD     26,823,485      RUB   2,014,625,000                          17/6/2020        (1,651,277)
                                     Morgan    Stanley
    USD     19,352,792      RUB   1,480,307,000                          17/6/2020        (1,569,905)
                             Bank   of  America    Merrill    Lynch
    USD     3,322,669      RUB    251,237,000                         15/7/2020         (215,154)
                                     Barclays     Bank
    USD     1,523,508      RUB    116,655,000                         15/7/2020         (119,183)
    USD     1,522,315      RUB    116,655,000                    Citibank     15/7/2020         (120,376)
                                     Goldman    Sachs
    USD     1,058,434      RUB     79,483,000                         15/7/2020         (60,815)
                                       JP  Morgan
    USD     11,668,533      RUB    854,217,000                         15/7/2020         (360,224)
                                       JP  Morgan
    USD     8,235,583      RUB    598,358,000                         19/8/2020         (154,582)
                                     Barclays     Bank
    USD     4,543,970      SEK     44,231,000                         17/6/2020         (137,614)
    USD     19,221,451      SEK    188,000,000                    Citibank     17/6/2020         (677,214)
                                     Credit    Suisse
    USD     7,002,113      SEK     70,070,000                         17/6/2020         (414,374)
                                     Deutsche     Bank
    USD     20,905,403      SEK    205,566,232                         17/6/2020         (852,543)
                                     Goldman    Sachs
    USD     93,017,268      SEK    876,418,000                         17/6/2020         253,710
                                       JP  Morgan
    USD     23,485,575      SEK    234,146,000                         17/6/2020        (1,297,367)
                                     Morgan    Stanley
    USD     17,339,135      SEK    176,165,769                         17/6/2020        (1,306,949)
                                Standard     Chartered     Bank
    USD     16,524,715      SEK    170,000,000                         17/6/2020        (1,468,760)
                                       JP  Morgan
    USD     62,161,786      SEK    629,305,140                         15/7/2020        (4,463,932)
    USD     11,701,169      SEK    115,234,140                    Citibank     19/8/2020         (502,754)
                             Bank   of  America    Merrill    Lynch
    USD     17,591,664      SGD     25,024,911                         17/6/2020         (110,652)
                                     Barclays     Bank
    USD     12,462,739      SGD     17,585,000                         17/6/2020          23,324
                                      BNP  Paribas
    USD     87,962,482      SGD    124,656,642                         17/6/2020         (218,105)
    USD     11,226,550      SGD     15,945,756                   Citibank     17/6/2020         (53,283)
                                     Deutsche     Bank
    USD     43,978,259      SGD     62,777,888                         17/6/2020         (430,054)
                                     Goldman    Sachs
    USD     22,988,135      SGD     32,926,279                         17/6/2020         (303,513)
                                       JP  Morgan
    USD     25,175,178      SGD     36,003,229                         17/6/2020         (293,065)
                                     Morgan    Stanley
    USD      654,684     SGD      938,296                       17/6/2020          (9,055)
                                Standard     Chartered     Bank
    USD     10,751,118      SGD     14,949,000                         17/6/2020         176,378
                             Bank   of  America    Merrill    Lynch
    USD     11,039,785      SGD     15,630,375                         15/7/2020         (17,895)
                                      BNP  Paribas
    USD     60,611,771      SGD     86,201,988                         15/7/2020         (371,661)
    USD     11,221,561      SGD     15,933,647                   Citibank     15/7/2020         (50,668)
                                     Deutsche     Bank
    USD     15,866,667      SGD     22,556,597                         15/7/2020         (90,956)
                                       JP  Morgan
    USD     2,862,833      SGD     4,073,393                        15/7/2020         (18,881)
                                      BNP  Paribas
    USD     11,207,720      SGD     15,903,255                         19/8/2020         (44,466)
                                     Deutsche     Bank
    USD     4,310,469      SGD     6,099,745                        19/8/2020          (5,343)
                                     Morgan    Stanley
    USD     62,033,242      SGD     87,881,440                         19/8/2020         (146,376)
                                      BNP  Paribas
    USD     22,798,638      THB    720,250,000                         17/6/2020         157,833
    USD     76,640,473      THB   2,411,262,570                       HSBC   17/6/2020         843,287
                                Standard     Chartered     Bank
    USD     14,856,240      THB    473,550,000                         17/6/2020         (29,637)
         39,877,556
    USD           THB   1,316,230,530                       HSBC   15/7/2020        (1,493,984)
                             Bank   of  America    Merrill    Lynch
    USD     1,638,851      TWD     48,699,286                         17/6/2020          15,883
                                     Barclays     Bank
    USD      749,317     TWD     22,502,000                         17/6/2020           (592)
                                      BNP  Paribas
    USD     68,930,798      TWD   2,046,749,880                          17/6/2020         720,136
                                228/270




                                                          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）
                                                   未実現純評価益／
    通貨     買予約      通貨     売予約             取引相手             期日       （損）
                                                    （米ドル）
                                     Credit    Suisse
    USD     8,035,214      TWD    238,523,000                         17/6/2020          86,118
                                     Deutsche     Bank
    USD     1,661,332      TWD     49,624,000                         17/6/2020          7,547
    USD     49,484,660      TWD   1,469,165,459                       HSBC   17/6/2020         522,766
                                       JP  Morgan
    USD     18,319,993      TWD    544,277,000                         17/6/2020         181,238
    USD     1,220,584      TWD     36,298,255                      UBS   17/6/2020          10,896
                             Bank   of  America    Merrill    Lynch
    USD       94,138    TWD     2,788,300                        15/7/2020          1,019
                                      BNP  Paribas
    USD     5,346,653      TWD    158,293,000                         15/7/2020          60,230
    USD     1,000,000      TWD     29,616,700                   Citibank     15/7/2020          10,908
                                     Credit    Suisse
    USD     6,369,385      TWD    187,865,000                         15/7/2020          95,363
                                       JP  Morgan
    USD     19,064,759      TWD    564,060,000                         15/7/2020         227,164
    USD     3,281,790      TWD     97,221,000                      UBS   15/7/2020          34,955
                                     Goldman    Sachs
    USD      748,161     TWD     22,370,000                         19/8/2020          (1,004)
                                       JP  Morgan
    USD     8,950,220      TWD    264,658,000                         19/8/2020          86,905
                             Bank   of  America    Merrill    Lynch
    USD     13,186,664      ZAR    222,928,444                         17/6/2020         483,526
                                      BNP  Paribas
    USD     2,683,751      ZAR     47,650,000                         17/6/2020         (31,490)
    USD     36,186,409      ZAR    635,425,000                    Citibank     17/6/2020         (22,035)
                                     Goldman    Sachs
    USD     12,563,055      ZAR    228,746,000                         17/6/2020         (471,585)
    USD     3,267,926      ZAR     54,826,000                     HSBC   17/6/2020         143,775
                                       JP  Morgan
    USD     8,432,243      ZAR    157,903,000                         17/6/2020         (565,548)
                                    Societe    Generale
    USD     3,183,680      ZAR     57,725,556                         17/6/2020         (105,698)
                                Standard     Chartered     Bank
    USD     1,744,963      ZAR     32,438,000                         17/6/2020         (103,452)
                             Bank   of  America    Merrill    Lynch
    USD     1,206,663      ZAR     21,144,000                         15/7/2020          5,249
    USD     12,225,854      ZAR    226,270,000                    Citibank     15/7/2020         (630,941)
                                     Goldman    Sachs
    USD     3,624,190      ZAR     67,880,000                         15/7/2020         (232,791)
                                       JP  Morgan
    USD     8,434,484      ZAR    158,392,000                         15/7/2020         (565,442)
                                    Societe    Generale
    USD      815,131     ZAR     15,651,000                         15/7/2020         (74,168)
                                Standard     Chartered     Bank
    USD     1,744,111      ZAR     32,508,000                         15/7/2020         (103,013)
                             Bank   of  America    Merrill    Lynch
    USD     1,206,710      ZAR     21,220,000                         19/8/2020          5,168
                                Standard     Chartered     Bank
    USD      819,869     ZAR     15,420,000                         19/8/2020         (53,259)
                             Bank   of  America    Merrill    Lynch
    ZAR     20,863,000      USD     1,132,137                        17/6/2020          56,700
                                     Deutsche     Bank
    ZAR    146,114,000       USD     8,787,673                        17/6/2020         (461,654)
                                     Goldman    Sachs
    ZAR     24,740,000      USD     1,333,355                        17/6/2020          76,405
    ZAR    808,330,730       USD     51,126,755                     HSBC   17/6/2020        (5,065,620)
                                       JP  Morgan
    ZAR     88,679,000      USD     4,860,509                        17/6/2020         192,689
                                Standard     Chartered     Bank
    ZAR     75,108,000      USD     4,114,309                        17/6/2020         165,572
                             Bank   of  America    Merrill    Lynch
    ZAR     20,917,000      USD     1,132,172                        15/7/2020          56,345
    ZAR    316,949,190       USD     16,683,858                   Citibank     15/7/2020        1,325,382
                                     Deutsche     Bank
    ZAR     24,818,000      USD     1,338,864                        15/7/2020          71,309
                                     Goldman    Sachs
    ZAR     24,815,000      USD     1,333,015                        15/7/2020          76,988
                                       JP  Morgan
    ZAR     24,815,000      USD     1,338,643                        15/7/2020          71,360
                                Standard     Chartered     Bank
    ZAR     75,300,000      USD     4,113,306                        15/7/2020         165,285
    ZAR     25,332,750      USD     1,356,800                     HSBC   19/8/2020          77,619
                                229/270





                                                          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）
                                                   未実現純評価益／
    通貨     買予約      通貨     売予約             取引相手             期日       （損）
                                                    （米ドル）
                                Standard     Chartered     Bank             35,946
    ZAR     28,513,000      USD     1,578,549                        19/8/2020
                                                       734,393
    ヘッジを使用した豪ドル建投資証券クラス
                           State   Street    Bank   & Trust   Company
    AUD   1,614,343,943        USD   1,051,678,133                          15/6/2020        19,777,968
                           State   Street    Bank   & Trust   Company              (449,253)
    USD     34,025,078      AUD     51,941,865                         15/6/2020
                                                     19,328,715
    ヘッジを使用したブラジル・レアル建投資証券クラス
                           State   Street    Bank   & Trust   Company              (60,118)
    BRL     13,660,232      USD     2,569,483                        2/7/2020
                                                       (60,118)
    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   & Trust   Company
    CHF     21,311,064      USD     21,978,043                         15/6/2020         154,383
                           State   Street    Bank   & Trust   Company
                                                       (4,225)
    USD      731,262     CHF      708,193                       15/6/2020
                                                       150,158
    ヘッジを使用したユーロ建投資証券クラス
                           State   Street    Bank   & Trust   Company
    EUR    323,357,315       USD    350,640,519                         15/6/2020        9,006,613
                           State   Street    Bank   & Trust   Company             (1,571,829)
    USD     71,700,206      EUR     65,878,598                         15/6/2020
                                                      7,434,784
    ヘッジを使用した英ポンド建投資証券クラス
                           State   Street    Bank   & Trust   Company
    GBP    401,207,313       USD    495,485,515                         15/6/2020          48,143
                           State   Street    Bank   & Trust   Company
                                                       (84,670)
    USD     16,280,065      GBP     13,249,657                         15/6/2020
                                                       (36,527)
    ヘッジを使用した日本円建投資証券クラス
                           State   Street    Bank   & Trust   Company
    JPY   21,249,669,431        USD    197,856,644                         15/6/2020         (272,493)
                           State   Street    Bank   & Trust   Company              (54,243)
    USD     57,238,500      JPY   6,161,687,840                          15/6/2020
                                                      (326,736)
    ヘッジを使用したニュージーランド・ドル建投資証券クラス
                           State   Street    Bank   & Trust   Company
    NZD     88,751,517      USD     54,143,490                         15/6/2020         911,284
                           State   Street    Bank   & Trust   Company
                                                      (208,110)
    USD     7,678,126      NZD     12,713,073                         15/6/2020
                                                       703,174
    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   & Trust   Company
    SEK       32,184    USD       3,287                      15/6/2020            119
                           State   Street    Bank   & Trust   Company                 (3)
    USD        109   SEK       1,059                      15/6/2020
                                                         116
    合計（基礎となるエクスポージャー総額－13,618,740,342米ドル）                                                 27,927,959
    添付の注記は、これらの財務書類の不可分の一部である。

                                230/270







                                                          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）
    業種別内訳　2020年５月31日現在
                                    純資産比率
                                     （％）
    政府                                   69.55
                                        6.64
    金融
    投資有価証券－時価
                                       76.19
                                       23.81
    その他の純資産
                                       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。

                                231/270

















                                                          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）
    ブラックロック・ＩＣＳ・ＵＳトレジャリー・ファンド
    要約損益計算書
                                      2020年３月31日に           2019年３月31日に
                                      終了した会計期間           終了した会計期間
                                        千米ドル           千米ドル
    営業収益

                                           114,639           136,200
                                             111           149
    金融商品に係る純利益
    投資収益合計                                        114,750           136,349

    営業費用                                        (11,511)            (9,731)

    純営業利益／（費用）                                        103,239           126,618

    財務費用：

                                           (99,813)           (120,083)
    償還可能投資証券保有者への分配金
    財務費用合計                                        (99,813)           (120,083)

    純利益                                         3,426           6,535

    償還可能投資証券保有者に帰属する純資産の増加                                         3,426           6,535

    本要約損益計算書に計上された損益以外で当会計期間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。
    ブラックロック・ＩＣＳ・ＵＳトレジャリー・ファンド

    償還可能投資証券保有者に帰属する要約純資産変動計算書
                                      2020年３月31日に           2019年３月31日に
                                      終了した会計期間           終了した会計期間
                                        千米ドル           千米ドル
    期首純資産

                                          14,146,140           11,308,849
    償還可能投資証券保有者に帰属する純資産の増加                                         3,426           6,535
    投資証券取引：

    　償還可能投資証券の発行                                      69,747,935           30,997,407

    　償還可能投資証券の買戻                                      (60,032,664)           (32,071,854)

                                            50,078           37,689
    　分配金再投資額
    投資証券取引による純資産の増加／（減少）                                       9,765,349           (1,036,758)

    期末純資産                                      23,914,915           10,278,626

    添付の注記は、これらの財務書類の不可分の一部である。

                                232/270






                                                          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）
    ブラックロック・ＩＣＳ・ＵＳトレジャリー・ファンド
    要約貸借対照表
                                      2020年３月31日現在           2019年９月30日現在
                                        千米ドル           千米ドル

    流動資産

    現金                                        348,307           377,875

    未収金                                        18,806           11,789

                                          24,972,917           13,842,168
    損益を通じて公正価値で測定する金融資産
    流動資産合計                                      25,340,030           14,231,832

    流動負債

                                          1,425,115             85,692
    未払金
    流動負債合計                                       1,425,115             85,692

    償還可能投資証券保有者に帰属する純資産                                      23,914,915           14,146,140

    添付の注記は、これらの財務書類の不可分の一部である。

                                233/270














                                                          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）
    ブラックロック・ＩＣＳ・ＵＳトレジャリー・ファンド
    投資有価証券明細表　2020年３月31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（2019年９月30日：38.78％）
               米国（2019年９月30日：38.78％）
               US  Treasury,     2.38%,    30/04/2020
      50,115,000      USD                                    50,135       0.21
               US  Treasury,     1.50%,    15/05/2020
      45,810,000      USD                                    45,781       0.19
               US  Treasury,     3.50%,    15/05/2020
      116,005,000       USD                                    116,230        0.49
               US  Treasury,     1.38%,    01/06/2020
      68,695,000      USD                                    68,668       0.29
               US  Treasury,     1.50%,    01/06/2020
      53,500,000      USD                                    53,479       0.22
               US  Treasury,     1.63%,    30/06/2020
       3,030,000      USD                                     3,028       0.01
               US  Treasury,     2.63%,    15/08/2020
      43,015,000      USD                                    43,177       0.18
               US  Treasury,     1.38%,    31/08/2020
      11,315,000      USD                                    11,303       0.05
               US  Treasury,     2.13%,    31/08/2020
      19,325,000      USD                                    19,365       0.08
               US  Treasury,     2.63%,    31/08/2020
       8,080,000      USD                                     8,113       0.03
               US  Treasury,     1.38%,    15/09/2020
      54,640,000      USD                                    54,739       0.23
               US  Treasury,     1.38%,    30/09/2020
      36,370,000      USD                                    36,326       0.15
               US  Treasury,     2.75%,    30/09/2020
      14,940,000      USD                                    15,023       0.06
               US  Treasury,     1.75%,    16/11/2020
      13,405,000      USD                                    13,416       0.06
               US  Treasury,     2.63%,    16/11/2020
      25,685,000      USD                                    25,841       0.11
               US  Treasury,     1.63%,    30/11/2020
      114,510,000       USD                                    114,512        0.48
               US  Treasury,     2.00%,    30/11/2020
      89,655,000      USD                                    89,880       0.38
               US  Treasury,     2.75%,    30/11/2020
      150,255,000       USD                                    152,147        0.64
               US  Treasury,     1.75%,    31/12/2020
      23,160,000      USD                                    23,176       0.10
               US  Treasury,     2.38%,    31/12/2020
      18,070,000      USD                                    18,237       0.08
               US  Treasury,     2.50%,    31/12/2020
      233,630,000       USD                                    235,132        0.98
               US  Treasury,     3.63%,    15/02/2021
      26,590,000      USD                                    27,295       0.11
               US  Treasury,     2.50%,    28/02/2021
      110,000,000       USD                                    111,745        0.47
               US  Treasury,     2.25%,    31/03/2021
      38,300,000      USD                                    38,963       0.16
               US  Treasury,     FRN,   0.12%,    30/04/2020
      467,075,000       USD                                    467,033        1.95
               US  Treasury,     FRN,   0.13%,    31/07/2020
      943,610,000       USD                                    943,261        3.94
               US  Treasury,     FRN,   0.13%,    31/10/2020
     2,171,000,000        USD                                   2,169,340         9.07
               US  Treasury,     FRN,   0.20%,    01/02/2021
     2,030,000,000        USD                                   2,029,906         8.49
               US  Treasury     Bill,   0.00%,    07/04/2020
      79,410,000      USD                                    79,402       0.33
               US  Treasury     Bill,   0.00%,    09/04/2020
      208,605,000       USD                                    208,529        0.87
               US  Treasury     Bill,   0.00%,    16/04/2020
      62,515,000      USD                                    62,473       0.26
               US  Treasury     Bill,   0.00%,    21/04/2020
      500,000,000       USD                                    499,735        2.09
               US  Treasury     Bill,   0.00%,    23/04/2020
      825,400,000       USD                                    824,519        3.45
               US  Treasury     Bill,   0.00%,    30/04/2020
      150,000,000       USD                                    149,805        0.63
               US  Treasury     Bill,   0.00%,    05/05/2020
       6,120,000      USD                                     6,116       0.03
               US  Treasury     Bill,   0.00%,    07/05/2020
      98,895,000      USD                                    98,743       0.41
               US  Treasury     Bill,   0.00%,    14/05/2020
      692,140,000       USD                                    691,491        2.89
               US  Treasury     Bill,   0.00%,    09/06/2020
      97,860,000      USD                                    97,847       0.41
               US  Treasury     Bill,   0.00%,    02/07/2020
      950,000,000       USD                                    949,800        3.97
               US  Treasury     Bill,   0.00%,    30/07/2020
      250,000,000       USD                                    248,725        1.04
               US  Treasury     Bill,   0.00%,    20/08/2020
      24,710,000      USD                                    24,564       0.10
                                234/270



                                                          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                銘柄
                                             （千米ドル）         （％）
               米国（2019年９月30日：38.78％）（続き）
               US  Treasury     Bill,   0.00%,    03/09/2020
      48,175,000      USD                                    48,006       0.20
               US  Treasury     Bill,   0.00%,    10/09/2020
      28,330,000      USD                                    28,108       0.12
               US  Treasury     Bill,   0.00%,    17/09/2020
                                                 139,803        0.58
      140,000,000       USD
               米国合計                                11,142,917         46.59
    国債に対する投資合計                                           11,142,917         46.59
    債券に対する投資合計                                           11,142,917         46.59
                                              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         （2019年９月30日：59.07％）
    フランス（2019年９月30日：0.78％）
                                                 110,000        0.46
      110,000,000       USD   Natixis                    0.01%   31/12/2020
    フランス合計                                            110,000        0.46
    米国（2019年９月30日：58.29％）

               Bank   of  Nova   Scotia
      553,000,000       USD                       0.01%   01/04/2020          553,000        2.31
     2,900,000,000        USD   Barclays                    0.01%   01/04/2020         2,900,000        12.13
               BNP  Paribas
     2,700,000,000        USD                       0.01%   01/04/2020         2,700,000        11.29
               BofA   Securities
      683,000,000       USD                       0.01%   01/04/2020          683,000        2.85
               BofA   Securities
      100,000,000       USD                       0.01%   01/04/2020          100,000        0.42
      200,000,000       USD   Citigroup                    0.02%   01/04/2020          200,000        0.84
      60,000,000      USD   Citigroup                    0.01%   01/04/2020          60,000       0.25
               Credit    Suisse
     2,900,000,000        USD                       0.01%   01/04/2020         2,900,000        12.13
      521,000,000       USD   HSBC                    0.01%   01/04/2020          521,000        2.18
               Societe    Generale
     2,141,000,000        USD                       0.01%   01/04/2020         2,141,000         8.95
               TD  Securities      (USA)
      624,000,000       USD                       0.01%   01/04/2020          624,000        2.61
               Wells   Fargo
                                                 338,000        1.41
      338,000,000       USD                       0.01%   01/04/2020
    米国合計                                           13,720,000         57.37
    リバースレポ取引に対する投資合計                                           13,830,000         57.83
    損益を通じて公正価値で測定する金融資産合計                                           24,972,917        104.42

    現金                                            348,307        1.46
                                               (1,406,309)         (5.88)
    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                                           23,914,915        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                                                   27.56
    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                                                   70.99
                                                        1.45
    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13,965,828,000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】(2021年１月末現在)
     「ブラックロック・スタイル・アドバンテージ・ポートフォリオ（円／年１回決算コース）」
    Ⅰ　資産総額                                            5,496,057,862円

    Ⅱ　負債総額                                              1,782,045円

    Ⅲ　純資産総額(Ⅰ－Ⅱ)                                            5,494,275,817円

    Ⅳ　発行済数量                                            8,209,730,545口

    Ⅴ　１単位当たり純資産額(Ⅲ／Ⅳ)                                                0.6692円

     (参考情報)

     「スタイル・アドバンテージ・マザー・ポートフォリオ（円）」
    Ⅰ　資産総額                                            5,496,119,354円

    Ⅱ　負債総額                                               150,116円

    Ⅲ　純資産総額(Ⅰ－Ⅱ)                                            5,495,969,238円

    Ⅳ　発行済数量                                            7,987,295,251口

    Ⅴ　１単位当たり純資産額(Ⅲ／Ⅳ)                                                0.6881円

                                236/270












                                                          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。
                                237/270



                                                          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。
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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。
                                239/270



                                                          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2021年１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（本）            純資産総額（百万円）
            追加型株式投資信託                        170             9,790,666

            単位型株式投資信託                         35              313,901

                合計                    205             10,104,567

                                240/270

















                                                          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34期事業年度（自2020年1月1日　至2020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。

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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)【貸借対照表】
                                                   (単位：百万円)
                                      第33期             第34期
                                  (2019年12月31日現在)             (2020年12月31日現在)
    資産の部
    　流動資産
    　　現金・預金                                      20,388             17,786
    　　立替金                                        26             29
    　　前払費用                                        175             190
    　　未収入金                         ※２               9             3
    　　未収委託者報酬                                       1,696             1,756
    　　未収運用受託報酬                                       2,268             2,166
    　　未収収益                         ※２             1,327              872
                                             0             0
    　　その他流動資産
    　　流動資産計                                      25,892             22,805
    　固定資産
    　　有形固定資産
    　　　建物附属設備                         ※１             1,240             1,002
                                            475             480
    　　　器具備品                         ※１
    　　　有形固定資産計                                       1,716             1,482
    　　無形固定資産
                                             5             6
    　　　ソフトウエア
    　　　無形固定資産計                                         5             6
    　　投資その他の資産
    　　　投資有価証券                                        49            142
    　　　長期差入保証金                                       1,120             1,122
    　　　前払年金費用                                        800             899
    　　　長期前払費用                                        45             34
                                            824             888
    　　　繰延税金資産
    　　　投資その他の資産計                                       2,839             3,088
    　　　固定資産計                                       4,561             4,577
    　　資産合計                                      30,454             27,383
                                242/270









                                                          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33期             第34期
                                  (2019年12月31日現在)             (2020年12月31日現在)
    負債の部
    　流動負債
    　　預り金                                        94            121
    　　未払金                         ※２
    　　　未払収益分配金                                         4             4
    　　　未払償還金                                        74             74
    　　　未払手数料                                        487             444
    　　　その他未払金                                        908            1,508
    　　未払費用                         ※２              653             859
    　　未払消費税等                                        117             210
    　　未払法人税等                                        363             343
    　　前受金                                        97             84
    　　賞与引当金                                       2,017             1,987
    　　役員賞与引当金                                        139             195
                                            10             -
    　　早期退職慰労引当金
    　　流動負債計                                       4,967             5,835
    　固定負債
    　　退職給付引当金                                        67             69
                                            782             783
    　　資産除去債務
    　　固定負債計                                        850             853
    　負債合計                                       5,818             6,688
    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
                                          14,330             10,386
    　　　　繰越利益剰余金
    　　　利益剰余金合計                                      14,666             10,723
    　　株主資本合計                                      24,634             20,691
    　評価・換算差額等
                                             1             3
    　　その他有価証券評価差額金
    　　評価・換算差額等合計                                         1             3
    　純資産合計                                      24,636             20,694
    負債・純資産合計                                      30,454             27,383
                                243/270






                                                          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33期             第34期
                                  (自　2019年1月1日             (自　2020年1月1日
                                   至　2019年12月31日)             至　2020年12月31日)
    営業収益
    　委託者報酬                                       5,643             5,605
    　運用受託報酬                         ※１             7,545             7,342
                                          13,290             12,092
    　その他営業収益                         ※１
    　　営業収益計
                                          26,480             25,041
    営業費用
    　支払手数料                                       1,632             1,405
    　広告宣伝費                                        167             127
    　調査費
    　　調査費                                        381             352
                                           3,587             3,346
    　　委託調査費                         ※１
    　　調査費計
                                           3,968             3,698
    　委託計算費                                        82             85
    　営業雑経費
    　　通信費                                        53             64
    　　印刷費                                        82             82
                                            43             49
    　　諸会費
    　　営業雑経費計                                        178             195
    　営業費用計
                                           6,029             5,512
    一般管理費
    　給料
    　　役員報酬                                        482             601
    　　給料・手当                                       4,441             4,691
                                           2,343             2,384
    　　賞与
    　　給料計
                                           7,268             7,678
    　退職給付費用                                        308             331
    　福利厚生費                                        977            1,028
    　事務委託費                         ※１             2,339             2,701
    　交際費                                        57             16
    　寄付金                                         2             1
    　旅費交通費                                        233             60
    　租税公課                                        257             246
    　不動産賃借料                                        875             905
    　水道光熱費                                        76             60
    　固定資産減価償却費                                        404             428
    　資産除去債務利息費用                                         0             0
                                            312             390
    　諸経費
    　一般管理費計                                      13,114             13,851
    　営業利益
                                           7,335             5,677
                                244/270







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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33期             第34期
                                  (自　2019年1月1日             (自　2020年1月1日
                                   至　2019年12月31日)             至　2020年12月31日)
    営業外収益
                                             1             5
    　その他
    　営業外収益計
                                             1             5
    営業外費用
    　為替差損                                        32             20
    　固定資産除却損                                         3             0
                                             0             -
    　その他
    　営業外費用計                                        36             20
    経常利益
                                           7,300             5,662
    特別利益
    　特別利益計
                                             -             -
    特別損失
                                            36             -
    　特別退職金
    　特別損失計                                        36             -
    税引前当期純利益
                                           7,263             5,662
    法人税、住民税及び事業税                                       2,338             1,970
                                            22            △64
    法人税等調整額
    当期純利益                                       4,902             3,756
                                245/270














                                                          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)【株主資本等変動計算書】
    第33期　(自　2019年1月1日　至　2019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
                               その他利益               その他
                                         株主資本         評価・換算
                                                        合計
                         資本
             資本金                   剰余金             有価証券
                 資本   その他資本         利益        利益剰余金
                                          合計        差額等合計
                         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
    2019年1月1日残高         3,120   3,001     3,846   6,847    336    17,127     17,464    27,432       0     0  27,431
    当期変動額
    　剰余金の配当                             △7,700     △7,700    △7,700              △7,700
    　当期純利益                             4,902     4,902    4,902              4,902
    株主資本以外の項目の
                                                 1     1    1
    当期変動額（純額）
    当期変動額合計           -   -     -   -   -  △2,797     △2,797    △2,797       1     1 △2,795
    2019年12月31日残高         3,120   3,001     3,846   6,847    336    14,330     14,666    24,634       1     1  24,636
    第34期　(自　2020年1月1日　至　2020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
                               その他利益               その他
                                         株主資本         評価・換算
                                                        合計
                         資本
             資本金                   剰余金             有価証券
                 資本   その他資本         利益        利益剰余金
                                          合計        差額等合計
                         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
    2020年1月1日残高         3,120   3,001     3,846   6,847    336    14,330     14,666    24,634       1     1  24,636
    当期変動額
    　剰余金の配当                             △7,700     △7,700    △7,700              △7,700
    　当期純利益                             3,756     3,756    3,756              3,756
    株主資本以外の項目の
                                                 1     1    1
    当期変動額（純額）
    当期変動額合計           -   -     -   -   -  △3,943     △3,943    △3,943       1     1 △3,942
    2020年12月31日残高         3,120   3,001     3,846   6,847    336    10,386     10,723    20,691       3     3  20,694
                                246/270









                                                          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）
    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。
    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。
                                247/270




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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。
      (3)　   連結納税制度からグループ通算制度への移行に係る税効果会計の適用
        当社は、「所得税法等の一部を改正する法律」（令和2年法律第8号）において創設されたグループ通算制度へ
        の移行及びグループ通算制度への移行にあわせて単体納税制度の見直しが行われた項目については、「連結納
        税制度からグループ通算制度への移行に係る税効果会計の適用に関する取扱い」（実務対応報告第39号                                                2020年
        3月31日）第３項の取扱いにより、「税効果会計に係る会計基準の適用指針」（企業会計基準適用指針第28号
        2018年2月16日）第44項の定めを適用せず、繰延税金資産及び繰延税金負債の額について、改正前の税法の規定
        に基づいております。
    （会計方針の変更）

    （金銭債権と金銭債務の相殺表示に関わる会計方針の変更）
    　当社は、当社グループ会社間の債権債務を含む金銭債権及び金銭債務を従来総額で表示しておりましたが、グループ
    会社間でのマスター・ネッティング契約締結を契機に見直しを行った結果、「金融商品会計に関する実務指針」(日本公
    認会計士協会       会計制度委員会報告第14号)第140項に基づき、金銭債権と金銭債務を相殺表示する方が当社の財政状態を
    より適切に表示できると判断し、当事業年度から相殺表示する方法へ変更しております。
    　前事業年度末の財務諸表等については、当該変更に伴う組替えを行っております。この結果、遡及修正を行う前と比
    べて、前事業年度末の未収入金、金銭債権である未収収益、その他未払金及び金銭債務である未払費用が、それぞれ20
    百万円、505百万円、77百万円及び449百万円減少しています。
    （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　2020年3月31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　2020年3月31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。
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      (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。
    「時価の算定に関する会計基準」(企業会計基準30号　2019年7月4日)

    「時価の算定に関する会計基準の適用指針」(企業会計基準適用指針第31号　2019年7月4日)
    「金融商品に関する会計基準」(企業会計基準第10号　2019年7月4日)
    「金融商品の時価等の開示に関する適用指針」(企業会計基準適用指針第19号　2020年3月31日)
      (1)  　概要
        　国際的な会計基準の定めとの比較可能性を向上させるため、「時価の算定に関する会計基準」及び「時価の
        算定に関する会計基準の適用指針」(以下「時価算定会計基準等」という。)が開発され、時価の算定方法に関
        するガイダンス等が定められました。時価算定会計基準等は次の項目の時価に適用されます。
        　・「金融商品に関する会計基準」における金融商品
        　また「金融商品の時価等の開示に関する適用指針」が改訂され、金融商品の時価のレベルごとの内訳等の注
        記事項が定められました。
      (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。
    （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
                          (2019年12月31日)                  (2020年12月31日)
    建物附属設備                        1,769　百万円                  2,010　百万円
    器具備品                        1,104　百万円                  1,290　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
                          (2019年12月31日)                  (2020年12月31日)
    未収入金                          3　百万円                  -　百万円
    未収収益                         579　百万円                  185　百万円
    その他未払金                         894　百万円                 1,496　百万円
    未払費用                         182　百万円                  89　百万円
    ※３　当社は、運転資金の効率的な調達を行うため取引銀行２行と当座貸越契約を締結しております。これら契約に基

    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
                          (2019年12月31日)                  (2020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
                                249/270





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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　2019年1月1日                  (自　2020年1月1日
                          至　2019年12月31日）                  至　2020年12月31日）
    運用受託報酬                         225　百万円                  247　百万円
    その他営業収益                        5,554　百万円                  5,052　百万円
    委託調査費                         698　百万円                  763　百万円
    事務委託費                         954　百万円                  851　百万円
    （株主資本等変動計算書関係）

    前事業年度　(自　2019年1月1日　至　2019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）              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

    (1)  配当金支払額
                      配当金の総額        1株当たり

         決議      株式の種類                        基準日        効力発生日
                        (百万円)       配当額（円）
       2019年3月28日

                普通株式        7,700       513,333      2018年12月31日          2019年3月29日
       株主総会決議
    当事業年度　(自　2020年1月1日　至　2020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。
                                250/270






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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.　　配当に関する事項
    (1)  配当金支払額
                      配当金の総額        1株当たり

         決議      株式の種類                        基準日        効力発生日
                        (百万円)       配当額（円）
       2020年3月30日

                普通株式        7,700       513,333      2019年12月31日          2020年3月30日
       株主総会決議
    （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、未収運用受託報酬及び未収収益は、顧客及び関係会社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及び未払費用はその全てが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　（2019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                         20,388           20,388             －
    (2)　未収委託者報酬                         1,696           1,696             －
    (3)　未収運用受託報酬                         2,268           2,268             －
    (4)　未収収益                         1,327           1,327             －
    (5)　長期差入保証金                         1,120           1,116            △4
            資産計                 26,801           26,797             △4
    (1)　未払手数料                          487           487            －
    (2)　未払費用                          653           653            －
            負債計                  1,141           1,141             －
                                251/270





                                                          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　（2020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                         17,786           17,786             －
    (2)　未収委託者報酬                         1,756           1,756             －
    (3)　未収運用受託報酬                         2,166           2,166             －
    (4)　未収収益                          872           872            －
    (5)　長期差入保証金                         1,122           1,123             1
            資産計                 23,704           23,705              1
    (1)　未払手数料                          444           444            －
    (2)　未払費用                          859           859            －
            負債計                  1,304           1,304             －
    (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、事務所の敷金を合理的に見積もった返済期日までの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（2019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                  20,388          －        －        －
    (2)　未収委託者報酬                  1,696          －        －        －
    (3)　未収運用受託報酬                  2,268          －        －        －
    (4)　未収収益                  1,327          －        －        －
    (5)　長期差入保証金                    －       1,051         57        11
         合計             25,680         1,051         57        11
    当事業年度（2020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                  17,786          －        －        －
    (2)　未収委託者報酬                  1,756          －        －        －
    (3)　未収運用受託報酬                  2,166          －        －        －
    (4)　未収収益                   872         －        －        －
         合計             22,581          －        －        －
                                252/270



                                                          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）
    （有価証券関係）
    前事業年度　(2019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）
        貸借対照表計上額が取得原             その他
        価を超えるもの             　投資信託            49        47        1
                 合計                 49        47        1
    当事業年度　(2020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）
        貸借対照表計上額が取得原             その他
        価を超えるもの             　投資信託            142        138        4
                 合計                142        138        4
    （退職給付関係）

    前事業年度　(自　2019年1月1日　至　2019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、2009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、
      2011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、2011年1月1日以降、①から③の三つの制
      度を有しています。
    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  2019年1月     1日
                               至  2019年12月31日)
    退職給付債務の期首残高                                1,934
    　勤務費用                                 290
    　利息費用                                 11
    　数理計算上の差異の発生額                                 14
    　退職給付の支払額                                △204
    　過去勤務費用の発生額                                  -
    退職給付債務の期末残高                                2,047
                                253/270






                                                          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)  　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  2019年1月     1日
                               至  2019年12月31日)
    年金資産の期首残高                                2,696
    　期待運用収益                                 26
    　数理計算上の差異の発生額                                 132
    　事業主からの拠出額                                 328
    　退職給付の支払額                                △204
    年金資産の期末残高                                2,979
      (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
                                (2019年12月31日)
    積立型制度の退職給付債務                                1,979
    年金資産                               △2,979
                                    △999
    非積立型制度の退職給付債務                                 67
    未積立退職給付債務                                △931
    未認識数理計算上の差異                                 157
    未認識過去勤務費用                                 41
    貸借対照表に計上された負債と資産の純額                                △732
    退職給付引当金                                 67
    前払年金費用                                △800
    貸借対照表に計上された負債と資産の純額                                △732
      (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  2019年1月     1日
                               至  2019年12月31日)
    勤務費用                                 290
    利息費用                                 11
    期待運用収益                                △26
    数理計算上の差異の費用処理額                                △33
    過去勤務費用の処理額                                △10
    確定給付制度に係る退職給付費用合計                                 231
    特別退職金                                 36
    合計                                 267
      (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
                               (2019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76%、株式21%及びその他3%となっております。
                                254/270



                                                          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  2019年1月     1日
                               至  2019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。
    当事業年度　(自　2020年1月1日　至　2020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、2009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、
      2011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、2011年1月1日以降、①から③の三つの制
      度を有しています。
    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  2020年1月     1日
                               至  2020年12月31日)
    退職給付債務の期首残高                                2,047
    　勤務費用                                 297
    　利息費用                                 11
    　数理計算上の差異の発生額                                △82
    　退職給付の支払額                                △123
    　過去勤務費用の発生額                                  -
    退職給付債務の期末残高                                2,149
      (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  2020年1月     1日
                               至  2020年12月31日)
    年金資産の期首残高                                2,979
    　期待運用収益                                 14
    　数理計算上の差異の発生額                                 92
    　事業主からの拠出額                                 350
    　退職給付の支払額                                △123
    年金資産の期末残高                                3,313
                                255/270



                                                          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)  　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
                                (2020年12月31日)
    積立型制度の退職給付債務                                2,080
    年金資産                               △3,313
                                   △1,233
    非積立型制度の退職給付債務                                 69
    未積立退職給付債務                               △1,163
    未認識数理計算上の差異                                 296
    未認識過去勤務費用                                 37
                                    △829
    貸借対照表に計上された負債と資産の純額
    退職給付引当金                                 69
    前払年金費用                                △899
    貸借対照表に計上された負債と資産の純額                                △829
      (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  2020年1月     1日
                               至  2020年12月31日)
    勤務費用                                 297
    利息費用                                 11
    期待運用収益                                △14
    数理計算上の差異の費用処理額                                △36
    過去勤務費用の処理額                                 △4
    確定給付制度に係る退職給付費用合計                                 252
    特別退職金                                  -
    合計                                 252
      (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
                               (2020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74%、株式24%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  2020年1月     1日
                               至  2020年12月31日)
    割引率                                1.0%
    長期期待運用収益率                                0.5%
                                256/270



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                                                有価証券報告書（内国投資信託受益証券）
    3.　　確定拠出制度
    　　当社の確定拠出制度への要拠出額は、78百万円                        でありました。
    （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
                               (2019年12月31日)              (2020年12月31日)
      繰延税金資産
      　未払費用                                  191              215
      　賞与引当金                                  617              608
      　資産除去債務                                  239              239
      　未払事業税                                  72              72
      　早期退職慰労引当金                                   3              -
      　退職給付引当金                                  20              21
      　有形固定資産                                   1              2
                                        45              94
      　その他
      繰延税金資産合計
                                       1,191              1,256
      繰延税金負債
      　退職給付引当金                                 △245              △275
      　資産除去債務に対応する除去費用                                 △121               △90
                                        △0              △1
      　その他
      繰延税金負債合計                                 △366              △367
      繰延税金資産の純額                                  824              888
      （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
                              (2019年12月31日)              (2020年12月31日)
       固定資産－繰延税金資産
                                       824              888
    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
                                (2019年12月31日)             (2020年12月31日)
     法定実効税率
                                     30.6  ％           30.6  ％
     （調整）
     　交際費等永久に損金に算入されない項目                                1.9             2.9
                                     0.0             0.2
     　その他
     税効果会計適用後の法人税等の負担率                                32.5  ％           33.7  ％
    （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

      使用見込期間を合理的に見積り、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。
                                257/270



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    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  2019年1月     1日       (自  2020年1月     1日
                               至  2019年12月31日)             至  2020年12月31日)
    期首残高                                 781              782
    時の経過による調整額                                  0              0
    期末残高                                 782              783
    （デリバティブ取引関係）

    前事業年度　(2019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
                 　売建
        市場取引以外の
                 　　米ドル              79       -       0       0
        取引
                 　買建
                 　　英ポンド               0       -       0       0
                合計               79       -       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　(2020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              99       -       0       0
                合計               99       -       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。
    （セグメント情報等）

    前事業年度　(自　2019年1月1日　至　2019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               5,643          7,545          13,290           26,480
                                258/270





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                                               ブラックロック・ジャパン株式会社(E09096)
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      (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
              12,538             11,197              2,744             26,480
           （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・
                                 5,779             投資運用業
      マネジメント・インク
      ブラックロック・ファンド・アドバイザーズ                          3,314             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。
    当事業年度　(自　2020年1月1日　至　2020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               5,605          7,342          12,092           25,041
      (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
              12,247             10,417              2,375             25,041
           （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。
                                259/270



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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）
      (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・
                                 5,299             投資運用業
      マネジメント・インク
      ブラックロック・ファンド・アドバイザーズ                          2,874             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。
    （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　2019年1月1日　至　2019年12月31日）
                              議決権等     関連
          会社等の                事業の
                      資本金又         の所有    当事者     取引の     取引金額          期末残高
     種類      名称又は       所在地        内容又は                         科目
                      は出資金         (被所有)     との     内容    (百万円)          (百万円)
           氏名                職業
                              割合(%)     関係
                                        運用
                                               225
                                        受託報酬
                                                  未収収益       579
                                        受入
                                              5,554
        ブラックロック・ファイ           米国     73       (被所有)    投資顧問
                                        手数料
                           投資
    親会社   ナンシャル・マネジメン          ニュー     百万         間接    契約の
                          顧問業
                                        委託
        ト・インク          ヨーク州     米ドル         100   再委任等
                                               698
                                        調査費
                                                  未払費用       182
                                        事務
                                               954
                                        委託費
        ブラックロック・ジャパ                       (被所有)
                                                  未収入金        3
                  日本                 株式の
    親会社   ン・ホールディングス合               1万円    持株会社     直接        営業外収益         -
                  東京都                 保有等
                                                 その他未払金        894
        同会社                        100
         当事業年度　（自　2020年1月1日　至　2020年12月31日）

                              議決権等     関連
          会社等の                事業の
                      資本金又         の所有    当事者     取引の     取引金額          期末残高
     種類      名称又は       所在地        内容又は                         科目
                      は出資金         (被所有)     との     内容    (百万円)          (百万円)
           氏名                職業
                              割合(%)     関係
                                        運用
                                               247
                                        受託報酬
                                                  未収収益       185
                                        受入
                                              5,052
        ブラックロック・ファイ           米国     73       (被所有)    投資顧問
                                        手数料
                           投資
    親会社   ナンシャル・マネジメン          ニュー     百万         間接    契約の
                          顧問業
                                        委託
        ト・インク          ヨーク州     米ドル         100   再委任等
                                               763
                                        調査費
                                                  未払費用        89
                                        事務
                                               851
                                        委託費
        ブラックロック・ジャパ                       (被所有)
                                                  未収入金        -
                  日本                 株式の    連結法人税
    親会社   ン・ホールディングス合               1万円    持株会社     直接               1,496
                  東京都                 保有等    の個別帰属額
                                                 その他未払金       1,496
        同会社                        100
                                260/270




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                                               ブラックロック・ジャパン株式会社(E09096)
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    (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　2019年1月1日　至　2019年12月31日）
         該当事項はありません。
         当事業年度　（自　2020年1月1日　至　2020年12月31日）

         該当事項はありません。
    (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　2019年1月1日　至　2019年12月31日）
                                 議決権等     関連
            会社等の                 事業の
                        資本金又         の所有    当事者     取引の    取引金額         期末残高
     種類       名称又は        所在地         内容又は                       科目
                        は出資金         (被所有)     との     内容    (百万円)         (百万円)
            氏名                 職業
                                 割合(%)     関係
                                         受入手数料      3,314   未収収益      351
     同一の                米国                 投資顧問
        ブラックロック・ファン                 1,000    投資
    親会社を               カリフォル              なし    契約の    委託調査費       145
        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        28
         当事業年度　（自　2020年1月1日　至　2020年12月31日）

                                 議決権等     関連
            会社等の                 事業の
                        資本金又         の所有    当事者     取引の    取引金額         期末残高
     種類       名称又は        所在地         内容又は                       科目
                        は出資金         (被所有)     との     内容    (百万円)         (百万円)
            氏名                 職業
                                 割合(%)     関係
                                         受入手数料      2,874   未収収益      314
     同一の                米国                 投資顧問
        ブラックロック・ファン                 1,000    投資
    親会社を               カリフォル              なし    契約の    委託調査費       220
        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        16
    （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）
                                261/270








                                                          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株当たり情報）
                             前事業年度              当事業年度
             項目              (自  2019年1月     1日       (自  2020年1月     1日
                           至  2019年12月31日)             至  2020年12月31日)
    １株当たり純資産額                       1,642,418     円  94  銭     1,379,616     円  18  銭
    １株当たり当期純利益金額                        326,833    円  15  銭      250,430    円  96  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  2019年1月     1日       (自  2020年1月     1日
                項目
                           至  2019年12月31日)             至  2020年12月31日)
    当期純利益　　　　　　　　　（百万円）                            4,902              3,756
    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）                            4,902              3,756
    普通株式の期中平均株式数　　　　（株）                           15,000               15,000
    独立監査人の監査報告書は、当事業年度（自　2020年1月1日　至2020年12月31日）を対象としております。

                                262/270















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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。
                                263/270













                                                          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）
    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。
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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【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          三井住友信託銀行株式会社
       ・資本金の額          342,037百万円（2020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。
     ＜参考：再信託受託会社の概要＞

       ・名称          株式会社日本カストディ銀行
       ・資本金の額          51,000百万円（2020年７月現在）
       ・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（株式会社日本カストディ銀行）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
                            （2020年３月末現在）
      野村證券株式会社                          10,000
                                        金融商品取引法に定める第一種金融商
                                        品取引業を営んでいます。
      三菱ＵＦＪモルガン・スタンレー証券
                                40,500
      株式会社
    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。
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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、以下のとおり提出されてお

    ります。
     2020年４月10日　　有価証券報告書、有価証券届出書

     2020年10月９日　　半期報告書、有価証券届出書
                                266/270


















                                                          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
                                                    2021年2月26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

                                東京事務所
                             指定有限責任社員

                                       公認会計士　　山　　田　　信　　之
                             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
    監査意見

     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2020年1月1日から2020年12月31日までの第34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。
     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2020年12月31日現在の財政状態及び同日をもって終了する事業年度の経営成績を、全ての重
    要な点において適正に表示しているものと認める。
    監査意見の根拠

     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。監査の基準における
    当監査法人の責任は、「財務諸表監査における監査人の責任」に記載されている。当監査法人は、我が国における職業倫
    理に関する規定に従って、会社から独立しており、また、監査人としてのその他の倫理上の責任を果たしている。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。
    財務諸表に対する経営者及び監査役の責任

     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。
     財務諸表を作成するに当たり、経営者は、継続企業の前提に基づき財務諸表を作成することが適切であるかどうかを評
    価し、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基づいて継続企業に関する事項を開示する必要があ
    る場合には当該事項を開示する責任がある。
     監査役の責任は、財務報告プロセスの整備及び運用における取締役の職務の執行を監視することにある。
                                267/270







                                                          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）
    財務諸表監査における監査人の責任
     監査人の責任は、監査人が実施した監査に基づいて、全体としての財務諸表に不正又は誤謬による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て、監査報告書にお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。虚偽表示は、不正又は誤謬により発生する可能性があり、個別に又は集計すると、財務諸表の利用者の意思決定に影
    響を与えると合理的に見込まれる場合に、重要性があると判断される。
     監査人は、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従って、監査の過程を通じて、職業的専門家と
    しての判断を行い、職業的懐疑心を保持して以下を実施する。
     ・　不正又は誤謬による重要な虚偽表示リスクを識別し、評価する。また、重要な虚偽表示リスクに対応した監査手
      続を立案し、実施する。監査手続の選択及び適用は監査人の判断による。さらに、意見表明の基礎となる十分かつ
      適切な監査証拠を入手する。
     ・　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、監査人は、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、監査に関連する内部統制を検討する。
     ・　経営者が採用した会計方針及びその適用方法の適切性、並びに経営者によって行われた会計上の見積りの合理性
      及び関連する注記事項の妥当性を評価する。
     ・　経営者が継続企業を前提として財務諸表を作成することが適切であるかどうか、また、入手した監査証拠に基づ
      き、継続企業の前提に重要な疑義を生じさせるような事象又は状況に関して重要な不確実性が認められるかどうか
      結論付ける。継続企業の前提に関する重要な不確実性が認められる場合は、監査報告書において財務諸表の注記事
      項に注意を喚起すること、又は重要な不確実性に関する財務諸表の注記事項が適切でない場合は、財務諸表に対し
      て除外事項付意見を表明することが求められている。監査人の結論は、監査報告書日までに入手した監査証拠に基
      づいているが、将来の事象や状況により、企業は継続企業として存続できなくなる可能性がある。
     ・　財務諸表の表示及び注記事項が、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いるか
      どうかとともに、関連する注記事項を含めた財務諸表の表示、構成及び内容、並びに財務諸表が基礎となる取引や
      会計事象を適正に表示しているかどうかを評価する。
     監査人は、監査役に対して、計画した監査の範囲とその実施時期、監査の実施過程で識別した内部統制の重要な不備を
    含む監査上の重要な発見事項、及び監査の基準で求められているその他の事項について報告を行う。
    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。
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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）
                 独　立　監　査　人　の　監　査　報　告　書
                                                    2021年３月３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

                               東京事務所
                            指定有限責任社員
                                       公認会計士　和田　渉
                            業務執行社員
                            指定有限責任社員

                                       公認会計士　榊原　康太
                            業務執行社員
    監査意見

     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
    げられているブラックロック・スタイル・アドバンテージ・ポートフォリオ（円／年１回決算コース）の2020年１月16
    日から2021年１月15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。
     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・スタイル・アドバンテージ・ポートフォリオ（円／年１回決算コース）の2021年１月15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。
    監査意見の根拠

     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。監査の基準におけ
    る当監査法人の責任は、「財務諸表監査における監査人の責任」に記載されている。当監査法人は、我が国における職
    業倫理に関する規定に従って、ブラックロック・ジャパン株式会社及びファンドから独立しており、また、監査人とし
    てのその他の倫理上の責任を果たしている。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。
    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。
     財務諸表を作成するに当たり、経営者は、継続企業の前提に基づき財務諸表を作成することが適切であるかどうかを
    評価し、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基づいて継続企業に関する事項を開示する必要
    がある場合には当該事項を開示する責任がある。
                                269/270







                                                          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）
    財務諸表監査における監査人の責任
     監査人の責任は、監査人が実施した監査に基づいて、全体としての財務諸表に不正又は誤謬による重要な虚偽表示が
    ないかどうかについて合理的な保証を得て、監査報告書にお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。虚偽表示は、不正又は誤謬により発生する可能性があり、個別に又は集計すると、財務諸表の利用者の意思決
    定に影響を与えると合理的に見込まれる場合に、重要性があると判断される。
     監査人は、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従って、監査の過程を通じて、職業的専門家と
    しての判断を行い、職業的懐疑心を保持して以下を実施する。
    ・　不正又は誤謬による重要な虚偽表示リスクを識別し、評価する。また、重要な虚偽表示リスクに対応した監査手続
     を立案し、実施する。監査手続の選択及び適用は監査人の判断による。さらに、意見表明の基礎となる十分かつ適切
     な監査証拠を入手する。
    ・　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、監査人は、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、監査に関連する内部統制を検討する。
    ・　経営者が採用した会計方針及びその適用方法の適切性、並びに経営者によって行われた会計上の見積りの合理性及
     び関連する注記事項の妥当性を評価する。
    ・　経営者が継続企業を前提として財務諸表を作成することが適切であるかどうか、また、入手した監査証拠に基づ
     き、継続企業の前提に重要な疑義を生じさせるような事象又は状況に関して重要な不確実性が認められるかどうか結
     論付ける。継続企業の前提に関する重要な不確実性が認められる場合は、監査報告書において財務諸表の注記事項に
     注意を喚起すること、又は重要な不確実性に関する財務諸表の注記事項が適切でない場合は、財務諸表に対して除外
     事項付意見を表明することが求められている。監査人の結論は、監査報告書日までに入手した監査証拠に基づいてい
     るが、将来の事象や状況により、ファンドは継続企業として存続できなくなる可能性がある。
    ・　財務諸表の表示及び注記事項が、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いるかど
     うかとともに、関連する注記事項を含めた財務諸表の表示、構成及び内容、並びに財務諸表が基礎となる取引や会計
     事象を適正に表示しているかどうかを評価する。
     監査人は、経営者に対して、計画した監査の範囲とその実施時期、監査の実施過程で識別した内部統制の重要な不備
    を含む監査上の重要な発見事項、及び監査の基準で求められているその他の事項について報告を行う。
    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。
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