UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-Q
QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED
MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number 811-22032
Name of Fund: BlackRock International Growth and Income Trust (BGY)
Fund Address: 100 Bellevue Parkway, Wilmington, DE 19809
Name and address of agent for service: John M. Perlowski, Chief Executive Officer, BlackRock International Growth and Income Trust, 55 East 52nd Street, New York, NY 10055
Registrants telephone number, including area code: (800) 882-0052, Option 4
Date of fiscal year end: 10/31/2011
Date of reporting period: 07/31/2011
Item 1 | | Schedule of Investments |
Schedule of Investments July 31, 2011 (Unaudited) | BlackRock International Growth and Income Trust (BGY) | |
(Percentages shown are based on Net Assets) |
Shares | Value | |||||||
Common Stocks |
||||||||
Australia 2.3% |
||||||||
Australia & New Zealand Banking Group Ltd. |
366,500 | $ | 8,377,167 | |||||
Lynas Corp. Ltd.(a) |
2,171,300 | 5,092,685 | ||||||
Newcrest Mining Ltd. |
272,500 | 11,882,925 | ||||||
|
|
|||||||
25,352,777 | ||||||||
|
|
|||||||
Austria 0.3% |
||||||||
Erste Group Bank AG |
74,700 | 3,571,448 | ||||||
|
|
|||||||
Belgium 0.8% |
||||||||
Anheuser-Busch InBev NV |
155,000 | 8,920,993 | ||||||
|
|
|||||||
Bermuda 0.6% |
||||||||
Seadrill Ltd. |
189,500 | 6,596,139 | ||||||
|
|
|||||||
Brazil 2.6% |
||||||||
Banco Bradesco SA - ADR(b) |
517,300 | 9,947,679 | ||||||
Banco Bradesco SA, Preference Shares |
203,300 | 3,865,827 | ||||||
BM&FBOVESPA SA |
962,344 | 5,659,205 | ||||||
Cia Energetica de Minas Gerais - ADR |
272,300 | 5,255,390 | ||||||
HRT Participacoes em Petroleo SA(a) |
5,100 | 4,751,877 | ||||||
|
|
|||||||
29,479,978 | ||||||||
|
|
|||||||
British Virgin Islands 0.1% |
||||||||
Arcos Dorados Holdings, Inc., Class A |
64,500 | 1,513,170 | ||||||
|
|
|||||||
Canada 5.5% |
||||||||
Canadian National Railway Co.(b) |
139,900 | 10,472,914 | ||||||
First Quantum Minerals Ltd. |
72,100 | 9,995,673 | ||||||
Magna International, Inc., Class A |
68,200 | 3,326,114 | ||||||
Manulife Financial Corp. |
359,500 | 5,711,665 | ||||||
Petrominerales Ltd. |
186,100 | 5,936,813 | ||||||
Quadra FNX Mining Ltd.(a) |
229,400 | 3,651,865 | ||||||
Royal Bank of Canada |
92,300 | 4,965,430 | ||||||
Suncor Energy, Inc.(b) |
131,100 | 5,010,642 | ||||||
The Toronto-Dominion Bank |
68,300 | 5,467,860 | ||||||
Trican Well Service Ltd. |
280,100 | 7,331,939 | ||||||
|
|
|||||||
61,870,915 | ||||||||
|
|
|||||||
China 1.8% |
||||||||
China Construction Bank Corp., H Shares |
12,479,700 | 10,042,372 | ||||||
China Merchants Bank Co. Ltd., H Shares |
2,363,900 | 5,602,655 | ||||||
Lentuo International, Inc. - ADR(a) |
155,700 | 974,682 | ||||||
Sinopharm Group Co. Ltd., H Shares |
266,400 | 775,676 | ||||||
Tencent Holdings Ltd. |
121,200 | 3,146,426 | ||||||
|
|
|||||||
20,541,811 | ||||||||
|
|
|||||||
Denmark 1.3% |
||||||||
Carlsberg A/S, Class B |
49,600 | 4,872,126 | ||||||
FLSmidth & Co. A/S |
94,400 | 7,320,272 | ||||||
Pandora A/S |
90,500 | 2,593,768 | ||||||
|
|
|||||||
14,786,166 | ||||||||
|
|
|||||||
France 5.3% |
||||||||
BNP Paribas |
84,400 | 5,473,686 | ||||||
Cap Gemini SA |
88,900 | 4,374,864 | ||||||
Danone |
131,300 | 9,361,033 | ||||||
GDF Suez |
183,160 | 5,989,526 | ||||||
LVMH Moet Hennessy Louis Vuitton SA |
34,600 | 6,341,963 | ||||||
Sanofi SA |
72,700 | 5,648,853 | ||||||
Societe Generale |
130,500 | 6,459,725 | ||||||
Technip SA |
102,600 | 11,234,323 | ||||||
Unibail-Rodamco SE - REIT |
23,752 | 5,287,821 | ||||||
|
|
|||||||
60,171,794 | ||||||||
|
|
|||||||
Germany 7.5% |
||||||||
BASF SE |
81,900 | 7,396,518 | ||||||
Bayerische Motoren Werke AG |
88,800 | 8,877,538 | ||||||
Continental AG(a) |
56,200 | 5,597,681 | ||||||
Deutsche Bank AG |
146,400 | 8,049,491 | ||||||
E.ON AG |
145,900 | 4,022,939 | ||||||
Fresenius Medical Care AG & Co. KGaA |
110,000 | 8,442,198 | ||||||
K+S AG |
104,100 | 8,305,867 | ||||||
Kabel Deutschland Holding AG(a) |
133,900 | 7,536,874 | ||||||
Merck KGaA |
76,208 | 8,133,400 | ||||||
Metro AG |
78,100 | 4,311,127 | ||||||
SAP AG - ADR(b) |
119,500 | 7,457,995 | ||||||
Volkswagen AG, Preference Shares |
33,344 | 6,656,037 | ||||||
|
|
|||||||
84,787,665 | ||||||||
|
|
|||||||
Gibraltar 0.1% |
||||||||
Bwin.Party Digital Entertainment Plc(a) |
423,699 | 936,553 | ||||||
|
|
|||||||
Hong Kong 5.3% |
||||||||
AIA Group Ltd.(a) |
1,735,500 | 6,374,481 | ||||||
Cheung Kong Holdings Ltd. |
349,000 | 5,321,147 | ||||||
China Merchants Holdings International Co. Ltd. |
1,566,000 | 5,559,065 | ||||||
China Mobile Ltd. |
603,500 | 6,004,131 | ||||||
China Resources Enterprise Ltd. |
1,520,200 | 6,590,776 | ||||||
China Unicom Hong Kong Ltd. |
2,266,000 | 4,526,159 | ||||||
CNOOC Ltd. - ADR(b) |
23,000 | 5,113,130 | ||||||
Hong Kong Exchanges and Clearing Ltd. |
242,500 | 5,002,636 | ||||||
Melco Crown Entertainment Ltd. - ADR(a)(b) |
305,700 | 4,625,241 | ||||||
New World Development Ltd. |
2,238,900 | 3,293,031 | ||||||
Wharf Holdings Ltd. |
1,012,000 | 7,433,316 | ||||||
|
|
|||||||
59,843,113 | ||||||||
|
|
|||||||
India 1.3% |
||||||||
HDFC Bank Ltd. |
615,000 | 6,772,024 | ||||||
ICICI Bank Ltd. |
232,400 | 5,435,624 | ||||||
Infosys Technologies Ltd. - ADR(b) |
46,500 | 2,893,230 | ||||||
|
|
|||||||
15,100,878 | ||||||||
|
|
|||||||
Indonesia 0.5% |
||||||||
Adaro Energy Tbk PT |
17,527,800 | 5,434,758 | ||||||
|
|
|||||||
Ireland 0.3% |
||||||||
WPP Plc |
318,600 | 3,610,857 | ||||||
|
|
|||||||
Italy 0.6% |
||||||||
Saipem SpA |
132,600 | 6,909,879 | ||||||
|
|
|||||||
Japan 13.8% |
||||||||
Bridgestone Corp. |
343,700 | 8,549,751 | ||||||
The Chiba Bank Ltd. |
945,900 | 5,994,488 | ||||||
Daikin Industries Ltd. |
208,500 | 7,396,459 | ||||||
Daiwa Office Investment Corp. |
699 | 2,430,175 | ||||||
Dena Co. Ltd. |
122,100 | 6,079,588 | ||||||
IHI Corp.(a) |
5,000,600 | 13,474,048 | ||||||
ITOCHU Corp. |
540,200 | 6,232,531 | ||||||
Japan Prime Realty Investment(a) |
889 | 2,292,235 | ||||||
Japan Tobacco, Inc. |
2,155 | 9,766,161 | ||||||
JGC Corp. |
341,000 | 10,649,760 | ||||||
Kubota Corp. |
898,400 | 8,153,957 | ||||||
Marubeni Corp. |
856,800 | 6,429,058 | ||||||
Mitsubishi Chemical Holdings Corp. |
677,400 | 5,280,183 | ||||||
Mitsui Fudosan Co. Ltd. |
293,500 | 5,607,692 | ||||||
ORIX Corp. |
57,600 | 6,213,456 | ||||||
Sekisui Chemical Co. Ltd. |
603,000 | 5,571,311 | ||||||
SMC Corp. |
40,400 | 7,429,924 | ||||||
Softbank Corp. |
192,500 | 7,517,198 |
JULY 31, 2011 | 1 |
Schedule of Investments (continued) | BlackRock International Growth and Income Trust (BGY) | |
(Percentages shown are based on Net Assets) |
Shares | Value | |||||||
Common Stocks |
||||||||
Japan (concluded) |
||||||||
Sumitomo Electric Industries Ltd. |
486,700 | $ | 7,265,645 | |||||
Sumitomo Mitsui Financial Group, Inc. |
160,300 | 5,042,871 | ||||||
Teijin Ltd. |
1,044,900 | 4,668,288 | ||||||
Toray Industries, Inc. |
827,700 | 6,436,497 | ||||||
Yamato Holdings Co. Ltd. |
387,000 | 6,629,844 | ||||||
|
|
|||||||
155,111,120 | ||||||||
|
|
|||||||
Malaysia 1.0% |
||||||||
CIMB Group Holdings Bhd |
4,231,200 | 11,776,375 | ||||||
|
|
|||||||
Mexico 1.0% |
||||||||
Fomento Economico Mexicano SAB de CV - ADR |
105,300 | 7,620,561 | ||||||
Grupo Modelo SAB de CV, Series C |
623,300 | 3,847,931 | ||||||
|
|
|||||||
11,468,492 | ||||||||
|
|
|||||||
Netherlands 6.1% |
||||||||
Aegon NV(a) |
921,600 | 5,274,103 | ||||||
ASML Holding NV |
157,400 | 5,607,222 | ||||||
Corio NV - REIT |
16,300 | 993,782 | ||||||
ING Groep NV(a) |
467,700 | 5,018,903 | ||||||
Koninklijke DSM NV |
121,000 | 6,860,558 | ||||||
Koninklijke KPN NV |
318,800 | 4,546,436 | ||||||
Randstad Holding NV |
173,000 | 7,774,801 | ||||||
Royal Dutch Shell Plc, Class A - ADR(b) |
354,400 | 26,069,664 | ||||||
VimpelCom Ltd. - ADR(b) |
257,000 | 3,186,800 | ||||||
Yandex NV(b) |
91,000 | 3,182,270 | ||||||
|
|
|||||||
68,514,539 | ||||||||
|
|
|||||||
Norway 2.7% |
||||||||
Aker Solutions ASA |
272,600 | 4,770,443 | ||||||
DnB NOR ASA |
354,300 | 5,152,270 | ||||||
Norsk Hydro ASA |
853,600 | 6,076,369 | ||||||
Storebrand ASA |
598,100 | 4,970,321 | ||||||
Subsea 7 SA(a) |
361,700 | 9,524,816 | ||||||
|
|
|||||||
30,494,219 | ||||||||
|
|
|||||||
Russia 0.6% |
||||||||
Lukoil OAO - ADR |
106,700 | 7,164,905 | ||||||
|
|
|||||||
Singapore 1.3% |
||||||||
Singapore Telecommunications Ltd. |
2,251,100 | 6,272,102 | ||||||
Straits Asia Resources Ltd. |
3,252,400 | 8,153,379 | ||||||
|
|
|||||||
14,425,481 | ||||||||
|
|
|||||||
South Africa 1.0% |
||||||||
MTN Group Ltd. |
288,000 | 6,230,410 | ||||||
Naspers Ltd., N Shares |
85,400 | 4,570,461 | ||||||
|
|
|||||||
10,800,871 | ||||||||
|
|
|||||||
South Korea 4.8% |
||||||||
GS Engineering & Construction Corp. |
62,071 | 7,008,874 | ||||||
Hyundai Engineering & Construction Co. Ltd. |
129,666 | 10,626,559 | ||||||
Hyundai Marine & Fire Insurance Co. Ltd. |
301,600 | 9,659,913 | ||||||
Kia Motors Corp. |
119,000 | 8,724,209 | ||||||
KT Corp. - ADR |
280,400 | 5,540,704 | ||||||
Samsung Electronics Co. Ltd. |
8,100 | 6,486,177 | ||||||
Samsung Life Insurance Co. Ltd. |
62,400 | 5,909,046 | ||||||
|
|
|||||||
53,955,482 | ||||||||
|
|
|||||||
Spain 1.0% |
||||||||
Telefonica SA |
522,200 | 11,639,649 | ||||||
|
|
|||||||
Switzerland 4.8% |
||||||||
Adecco SA (a) |
97,800 | 5,877,023 | ||||||
Cie Financiere Richemont SA |
87,600 | 5,657,590 | ||||||
Julius Baer Group Ltd.(a) |
143,300 | 6,088,690 | ||||||
Roche Holding AG |
64,300 | 11,538,372 | ||||||
Swiss Reinsurance Co. Ltd.(a) |
140,800 | 7,926,876 | ||||||
UBS AG(a) |
244,000 | 4,028,087 | ||||||
Xstrata Plc |
602,000 | 12,701,161 | ||||||
|
|
|||||||
53,817,799 | ||||||||
|
|
|||||||
Taiwan 3.0% |
||||||||
AU Optronics Corp. - ADR |
492,700 | 2,714,777 | ||||||
Catcher Technology Co. Ltd. |
1,236,800 | 10,801,810 | ||||||
Mega Financial Holding Co. Ltd. |
7,811,100 | 7,519,776 | ||||||
Siliconware Precision Industries Co. - ADR |
860,200 | 4,240,786 | ||||||
Taiwan Semiconductor Manufacturing Co. Ltd. - ADR(b) |
686,384 | 8,483,706 | ||||||
|
|
|||||||
33,760,855 | ||||||||
|
|
|||||||
Thailand 1.2% |
||||||||
Bangkok Bank Public Co. Ltd. |
800,500 | 4,731,694 | ||||||
Banpu Public Co. Ltd. |
346,700 | 8,481,081 | ||||||
|
|
|||||||
13,212,775 | ||||||||
|
|
|||||||
United Kingdom 12.5% |
||||||||
Aegis Group Plc |
1,464,800 | 3,716,036 | ||||||
Antofagasta Plc |
412,700 | 9,478,003 | ||||||
Barclays Plc - ADR(b) |
497,800 | 7,247,968 | ||||||
Barratt Development Plc(a) |
105,100 | 169,338 | ||||||
Bellway Plc |
113,600 | 1,227,966 | ||||||
BG Group Plc |
365,300 | 8,612,476 | ||||||
Britvic Plc |
1,128,700 | 6,485,297 | ||||||
Carnival Plc |
65,300 | 2,256,306 | ||||||
Cookson Group Plc |
802,700 | 8,445,505 | ||||||
GKN Plc |
1,067,400 | 3,918,328 | ||||||
GlaxoSmithKline Plc |
311,100 | 6,935,988 | ||||||
HSBC Holdings Plc |
1,994,000 | 19,440,070 | ||||||
Imperial Tobacco Group Plc |
395,000 | 13,673,463 | ||||||
Inchcape Plc |
837,120 | 5,332,782 | ||||||
International Consolidated Airlines Group(a) |
2,420,400 | 9,399,187 | ||||||
Kazakhmys Plc |
234,000 | 5,140,479 | ||||||
National Grid Plc |
872,200 | 8,533,916 | ||||||
Persimmon Plc |
50,300 | 379,589 | ||||||
Shire Plc(b) |
30,700 | 3,192,800 | ||||||
Taylor Wimpey Plc(a) |
2,185,100 | 1,261,452 | ||||||
Tullow Oil Plc |
287,600 | 5,777,827 | ||||||
Vodafone Group Plc - ADR(b) |
360,400 | 10,127,235 | ||||||
|
|
|||||||
140,752,011 | ||||||||
|
|
|||||||
United States 0.9% |
||||||||
NII Holdings, Inc.(a)(b) |
128,100 | 5,425,035 | ||||||
TE Connectivity Ltd. |
125,800 | 4,331,294 | ||||||
|
|
|||||||
9,756,329 | ||||||||
|
|
|||||||
Total Common Stocks 91.9% |
1,036,079,796 | |||||||
|
|
2 | JULY 31, 2011 |
Schedule of Investments (continued) | BlackRock International Growth and Income Trust (BGY) | |
(Percentages shown are based on Net Assets) |
Shares | Value | |||||||
Exchange-Traded Funds 0.5% |
||||||||
iShares MSCI EAFE Index Fund(b)(c) |
87,000 | $ | 5,102,550 | |||||
|
|
|||||||
Total Long-Term Investments |
1,041,182,346 | |||||||
|
|
|||||||
Short-Term Securities |
||||||||
BlackRock Liquidity Funds, TempFund, Institutional Class, |
||||||||
0.06%(c)(d) |
87,808,915 | 87,808,915 | ||||||
|
|
|||||||
Total Short-Term Securities |
87,808,915 | |||||||
|
|
|||||||
Total Investments Before Outstanding Options Written |
1,128,991,261 | |||||||
|
|
|||||||
Contracts | ||||||||
Options Written |
||||||||
Exchange-Traded Call Options Written (0.2)% |
||||||||
Banco Bradesco SA - ADR, Strike Price USD 19, Expires 8/22/11 |
1,770 | (129,210 | ) | |||||
Barclays Plc - ADR, Strike Price USD 15, Expires 8/22/11 |
340 | (21,250 | ) | |||||
Canadian National Railway Co., Strike Price USD 80, Expires 9/19/11 |
160 | (11,200 | ) | |||||
CNOOC Ltd. - ADR, Strike Price USD 240, Expires 8/22/11 |
125 | (15,938 | ) | |||||
Infosys Technologies Ltd. - ADR, Strike Price USD 62.50, Expires 8/22/11 |
255 | (39,525 | ) | |||||
iShares MSCI EAFE Index Fund, Strike Price USD 59, Expires 8/22/11 |
870 | (118,320 | ) | |||||
Melco Crown Entertainment Ltd. - ADR, Strike Price USD 11, Expires 8/22/11 |
1,680 | (705,600 | ) | |||||
NII Holdings, Inc.: |
||||||||
Strike Price USD 42, Expires 8/22/11 |
355 | (48,812 | ) | |||||
Strike Price USD 43, Expires 8/22/11 |
355 | (31,062 | ) | |||||
Royal Dutch Shell Plc, Class A - ADR: |
||||||||
Strike Price USD 70, Expires 8/22/11 |
980 | (362,600 | ) | |||||
Strike Price USD 75, Expires 9/19/11 |
75 | (9,000 | ) | |||||
SAP AG - ADR: |
||||||||
Strike Price USD 61.50, Expires 8/02/11 |
160 | (18,914 | ) | |||||
Strike Price USD 61, Expires 8/12/11 |
340 | (73,486 | ) | |||||
Strike Price USD 60, Expires 8/22/11 |
160 | (55,200 | ) | |||||
Strike Price USD 65, Expires 8/22/11 |
30 | (2,250 | ) | |||||
Shire Plc, Strike Price USD 95, Expires 8/22/11 |
85 | (79,475 | ) | |||||
Suncor Energy, Inc.: |
||||||||
Strike Price USD 41, Expires 8/22/11 |
90 | (2,880 | ) | |||||
Strike Price USD 40, Expires 8/22/11 |
540 | (29,700 | ) | |||||
Strike Price USD 41, Expires 9/19/11 |
90 | (7,155 | ) | |||||
Taiwan Semiconductor Manufacturing Co. Ltd. - ADR, Strike Price USD 12.50, Expires 8/22/11 |
1,810 | (54,300 | ) | |||||
VimpelCom Ltd. - ADR, Strike Price USD 13.50, Expires 8/22/11 |
640 | (4,326 | ) | |||||
Vodafone Group Plc - ADR: |
||||||||
Strike Price USD 27, Expires 8/22/11 |
990 | (133,650 | ) | |||||
Strike Price USD 26, Expires 8/29/11 |
990 | (207,900 | ) | |||||
Yandex NV: |
||||||||
Strike Price USD 34, Expires 8/22/11 |
250 | (60,625 | ) | |||||
Strike Price USD 36, Expires 8/22/11 |
260 | (36,400 | ) | |||||
Strike Price USD 38, Expires 9/19/11 |
30 | (4,725 | ) | |||||
|
|
|||||||
Total Exchange-Traded Call Options Written |
(2,263,503 | ) | ||||||
|
|
|||||||
Over-the-Counter Call Options Written (1.5)% |
||||||||
Adecco SA, Strike Price CHF 51.01, Expires 9/13/11, Broker Morgan Stanley & Co., Inc. |
53,800 | (51,920 | ) | |||||
Aegis Group Plc: |
||||||||
Strike Price GBP 1.62, Expires 8/17/11, Broker Morgan Stanley & Co., Inc. |
650,000 | (10,444 | ) | |||||
Strike Price GBP 1.56, Expires 9/13/11, Broker Morgan Stanley & Co., Inc. |
156,000 | (12,090 | ) | |||||
Aegon NV: |
||||||||
Strike Price EUR 4.50, Expires 8/03/11, Broker UBS Securities LLC |
428,000 | (972 | ) | |||||
Strike Price EUR 4.29, Expires 9/06/11, Broker Societe General Securities Corp. |
79,000 | (7,643 | ) | |||||
AIA Group Ltd., Strike Price HKD 27.38, Expires 8/02/11, Broker BNP Paribas |
1,229,000 | (201,686 | ) | |||||
Aker Solutions ASA: |
||||||||
Strike Price NOK 94.81, Expires 8/17/11, Broker Morgan Stanley & Co., Inc. |
44,000 | (21,435 | ) | |||||
Strike Price NOK 96.54, Expires 9/06/11, Broker UBS Securities LLC |
96,500 | (54,162 | ) | |||||
Anheuser-Busch InBev NV, Strike Price EUR 40.21, Expires 8/04/11, Broker Citigroup Global Markets, Inc. |
85,300 | (42,212 | ) | |||||
Antofagasta Plc: |
||||||||
Strike Price GBP 14.26, Expires 8/17/11, Broker Morgan Stanley & Co., Inc. |
85,000 | (47,517 | ) | |||||
Strike Price GBP 14.26, Expires 9/06/11, Broker Morgan Stanley & Co., Inc. |
85,000 | (72,235 | ) | |||||
Strike Price GBP 14.37, Expires 9/13/11, Broker Morgan Stanley & Co., Inc. |
63,000 | (53,464 | ) | |||||
ASML Holding NV, Strike Price EUR 26.19, Expires 9/21/11, Broker Citigroup Global Markets, Inc. |
87,000 | (60,755 | ) | |||||
AU Optronics Corp. - ADR, Strike Price USD 7.73, Expires 8/03/11, Broker UBS Securities LLC |
129,000 | (1 | ) | |||||
Australia & New Zealand Banking Group Ltd., Strike Price AUD 21.70, Expires 8/08/11, Broker Citigroup Global Markets, Inc. |
201,500 | (13,289 | ) | |||||
Banco Bradesco SA - ADR: |
||||||||
Strike Price BRL 30.53, Expires 8/25/11, Broker Credit Suisse First Boston |
112,000 | (23,756 | ) | |||||
Strike Price USD 19.79, Expires 8/29/11, Broker Goldman Sachs & Co. |
107,500 | (40,989 | ) |
JULY 31, 2011 | 3 |
Schedule of Investments (continued) | BlackRock International Growth and Income Trust (BGY) | |
(Percentages shown are based on Net Assets) |
Contracts | Value | |||||||
Options Written |
||||||||
Over-the-Counter Call Options Written (continued) |
||||||||
Barclays Plc - ADR: |
||||||||
Strike Price USD 16.93, Expires 8/05/11, Broker Credit Suisse First Boston |
120,000 | $ | (127 | ) | ||||
Strike Price USD 17.10, Expires 8/05/11, Broker Credit Suisse First Boston |
120,000 | (73 | ) | |||||
BASF SE, Strike Price EUR 69.98, Expires 8/17/11, Broker Deutsche Bank Securities Corp. |
45,000 | (3,797 | ) | |||||
Bayerische Motoren Werke AG: |
||||||||
Strike Price EUR 68.30, Expires 8/03/11, Broker Morgan Stanley & Co., Inc. |
6,000 | (15,982 | ) | |||||
Strike Price EUR 72, Expires 8/19/11, Broker Morgan Stanley & Co., Inc. |
40 | (7,048 | ) | |||||
Strike Price EUR 71.54, Expires 9/06/11, Broker Citigroup Global Markets, Inc. |
40,900 | (109,503 | ) | |||||
Bellway Plc: |
||||||||
Strike Price GBP 7.09, Expires 8/03/11, Broker Citigroup Global Markets, Inc. |
35,000 | (27 | ) | |||||
Strike Price GBP 7.21, Expires 8/17/11, Broker Citigroup Global Markets, Inc. |
27,500 | (469 | ) | |||||
BG Group Plc: |
||||||||
Strike Price GBP 13.17, Expires 8/04/11, Broker Morgan Stanley & Co., Inc. |
151,000 | (302,719 | ) | |||||
Strike Price GBP 14.42, Expires 9/06/11, Broker Societe General Securities Corp. |
50,500 | (36,884 | ) | |||||
BM&FBOVESPA SA: |
||||||||
Strike Price BRL 10.55, Expires 8/11/11, Broker Credit Suisse First Boston |
443,500 | (333 | ) | |||||
Strike Price BRL 10.04, Expires 9/14/11, Broker Credit Suisse First Boston |
86,000 | (6,245 | ) | |||||
BNP Paribas, Strike Price EUR 47.65, Expires 9/13/11, Broker Citigroup Global Markets, Inc. |
46,500 | (99,564 | ) | |||||
Bridgestone Corp., Strike Price JPY 1,835.17, Expires 8/16/11, Broker Morgan Stanley & Co., Inc. |
189,000 | (219,056 | ) | |||||
Britvic Plc: |
||||||||
Strike Price GBP 3.83, Expires 9/06/11, Broker UBS Securities LLC |
399,300 | (4,814 | ) | |||||
Strike Price GBP 3.71, Expires 9/13/11, Broker Morgan Stanley & Co., Inc. |
225,000 | (8,618 | ) | |||||
Bwin.Party Digital Entertainment Plc: |
||||||||
Strike Price GBP 1.50, Expires 8/17/11, Broker Citigroup Global Markets, Inc. |
131,000 | (6,959 | ) | |||||
Strike Price GBP 1.43, Expires 9/06/11, Broker UBS Securities LLC |
102,000 | (14,702 | ) | |||||
Canadian National Railway Co., Strike Price USD 78.68, Expires 8/30/11, Broker Deutsche Bank Securities Corp. |
61,500 | (28,967 | ) | |||||
Cap Gemini SA, Strike Price EUR 39.56, Expires 8/03/11, Broker Morgan Stanley & Co., Inc. |
48,900 | (1 | ) | |||||
Carlsberg A/S, Class B, Strike Price DKK 556.03, Expires 8/03/11, Broker UBS Securities LLC |
27,300 | | ||||||
Catcher Technology Co. Ltd., Strike Price TWD 185.44, Expires 8/02/11, Broker Deutsche Bank Securities Corp. |
681,000 | (1,570,148 | ) | |||||
Cheung Kong Holdings Ltd.: |
||||||||
Strike Price HKD 110.09, Expires 8/02/11, Broker Morgan Stanley & Co., Inc. |
190,000 | (215,669 | ) | |||||
Strike Price HKD 111.10, Expires 8/16/11, Broker Morgan Stanley & Co., Inc. |
159,000 | (160,132 | ) | |||||
The Chiba Bank Ltd.: |
||||||||
Strike Price JPY 483.08, Expires 8/02/11, Broker Deutsche Bank Securities Corp. |
320,000 | (30,192 | ) | |||||
Strike Price JPY 494.80, Expires 8/16/11, Broker JPMorgan Chase Securities |
201,000 | (17,599 | ) | |||||
China Construction Bank Corp., H Shares, Strike Price HKD 6.48, Expires 8/16/11, Broker Morgan Stanley & Co., Inc. |
6,865,000 | (65,031 | ) | |||||
China Merchants Bank Co. Ltd., H Shares, Strike Price HKD 18.96, Expires 8/16/11, Broker JPMorgan Chase Securities |
1,300,000 | (42,182 | ) | |||||
China Merchants Holdings International Co. Ltd., Strike Price HKD 29.51, Expires 8/16/11, Broker Morgan Stanley & Co., Inc. |
861,000 | (24,792 | ) | |||||
China Mobile Ltd., Strike Price HKD 72.62, Expires 8/16/11, Broker JPMorgan Chase Securities |
332,000 | (210,087 | ) | |||||
China Resources Enterprise Ltd.: |
||||||||
Strike Price HKD 30.45, Expires 8/02/11, Broker Deutsche Bank Securities Corp. |
526,000 | (225,647 | ) | |||||
Strike Price HKD 33.44, Expires 9/07/11, Broker Morgan Stanley & Co., Inc. |
310,000 | (43,734 | ) | |||||
China Unicom Hong Kong Ltd., Strike Price HKD 15.39, Expires 8/02/11, Broker BNP Paribas |
1,246,000 | (55,121 | ) | |||||
Cia Energetica de Minas Gerais - ADR: |
||||||||
Strike Price USD 20.08, Expires 8/18/11, Broker Goldman Sachs & Co. |
96,400 | (18,509 | ) | |||||
Strike Price USD 20.40, Expires 8/31/11, Broker Citigroup Global Markets, Inc. |
53,500 | (11,809 | ) | |||||
Cie Financiere Richemont SA: |
||||||||
Strike Price CHF 56, Expires 8/19/11, Broker UBS Securities LLC |
50 | (577 | ) | |||||
Strike Price CHF 53.43, Expires 9/13/11, Broker Citigroup Global Markets, Inc. |
43,200 | (51,841 | ) | |||||
CIMB Group Holdings Bhd, Strike Price MYR 9.06, Expires 8/16/11, Broker Deutsche Bank Securities Corp. |
3,173,000 | (32 | ) | |||||
Continental AG, Strike Price EUR 68.26, Expires 8/03/11, Broker Citigroup Global Markets, Inc. |
31,000 | (87,548 | ) |
4 | JULY 31, 2011 |
Schedule of Investments (continued) | BlackRock International Growth and Income Trust (BGY) | |
(Percentages shown are based on Net Assets) |
Contracts | Value | |||||||
Options Written |
||||||||
Over-the-Counter Call Options Written (continued) |
||||||||
Cookson Group Plc: |
||||||||
Strike Price GBP 6.29, Expires 8/03/11, Broker Societe General Securities Corp. |
221,000 | $ | (63,211 | ) | ||||
Strike Price GBP 7.05, Expires 8/17/11, Broker Deutsche Bank Securities Corp. |
110,500 | (4,457 | ) | |||||
Strike Price GBP 6.51, Expires 9/06/11, Broker Societe General Securities Corp. |
110,500 | (40,630 | ) | |||||
Corio NV - REIT, Strike Price EUR 43.48, Expires 9/13/11, Broker Morgan Stanley & Co., Inc. |
9,000 | (7,223 | ) | |||||
Daikin Industries Ltd., Strike Price JPY 2,916.88, Expires 8/16/11, Broker BNP Paribas |
114,000 | (15,551 | ) | |||||
Daiwa Office Investment Corp.: |
||||||||
Strike Price JPY 270,680, Expires 8/01/11, Broker Deutsche Bank Securities Corp. |
190 | (2,156 | ) | |||||
Strike Price JPY 272,574.76, Expires 8/16/11, Broker JPMorgan Chase Securities |
195 | (6,306 | ) | |||||
Danone: |
||||||||
Strike Price EUR 53.10, Expires 8/17/11, Broker Morgan Stanley & Co., Inc. |
67,500 | (2,825 | ) | |||||
Strike Price EUR 52, Expires 8/19/11, Broker UBS Securities LLC |
60 | (2,402 | ) | |||||
Dena Co. Ltd., Strike Price JPY 3,464.69, Expires 8/02/11, Broker Morgan Stanley & Co., Inc. |
67,500 | (323,777 | ) | |||||
Deutsche Bank AG, Strike Price EUR 38.43, Expires 9/13/11, Broker Citigroup Global Markets, Inc. |
80,500 | (176,518 | ) | |||||
DnB NOR ASA, Strike Price NOK 79.61, Expires 8/17/11, Broker Citigroup Global Markets, Inc. |
195,000 | (37,559 | ) | |||||
E.ON AG, Strike Price EUR 19.10, Expires 9/06/11, Broker UBS Securities LLC |
80,300 | (54,853 | ) | |||||
Erste Group Bank AG, Strike Price EUR 34.35, Expires 8/03/11, Broker UBS Securities LLC |
41,100 | (9,674 | ) | |||||
First Quantum Minerals Ltd., Strike Price CAD 135, Expires 8/22/11, Broker T.D. Securities |
395 | (238,749 | ) | |||||
FLSmidth & Co. A/S, Strike Price DKK 436.25, Expires 9/06/11, Broker UBS Securities LLC |
52,000 | (44,443 | ) | |||||
Fomento Economico Mexicano SAB de CV - ADR: |
||||||||
Strike Price USD 63.27, Expires 8/05/11, Broker Morgan Stanley & Co., Inc. |
33,000 | (300,399 | ) | |||||
Strike Price USD 73.02, Expires 8/30/11, Broker Goldman Sachs & Co. |
25,000 | (35,608 | ) | |||||
Fresenius Medical Care AG & Co. KGaA: |
||||||||
Strike Price EUR 51.02, Expires 8/04/11, Broker UBS Securities LLC |
23,800 | (83,078 | ) | |||||
Strike Price EUR 55.31, Expires 9/13/11, Broker UBS Securities LLC |
36,700 | (38,895 | ) | |||||
GDF Suez, Strike Price EUR 23.80, Expires 9/13/11, Broker UBS Securities LLC |
100,800 | (41,892 | ) | |||||
GKN Plc: |
||||||||
Strike Price GBP 2.18, Expires 8/04/11, Broker Morgan Stanley & Co., Inc. |
425,000 | (51,356 | ) | |||||
Strike Price GBP 2.40, Expires 8/17/11, Broker Morgan Stanley & Co., Inc. |
162,000 | (3,784 | ) | |||||
GlaxoSmithKline Plc, Strike Price GBP 13.66, Expires 8/17/11, Broker Citigroup Global Markets, Inc. |
171,000 | (41,485 | ) | |||||
Grupo Modelo SAB de CV, Series C: |
||||||||
Strike Price MXN 71.74, Expires 8/04/11, Broker Deutsche Bank Securities Corp. |
114,100 | (10,807 | ) | |||||
Strike Price MXN 70.66, Expires 8/11/11, Broker Credit Suisse First Boston |
114,500 | (21,498 | ) | |||||
Strike Price MXN 73.21, Expires 9/14/11, Broker Banc of America Securities |
114,100 | (16,543 | ) | |||||
GS Engineering & Construction Corp., Strike Price KRW 129,603.20, Expires 8/16/11, Broker Deutsche Bank Securities Corp. |
38,000 | (26,228 | ) | |||||
Hong Kong Exchanges and Clearing Ltd., Strike Price HKD 164.13, Expires 8/16/11, Broker JPMorgan Chase Securities |
133,000 | (28,409 | ) | |||||
HRT Participacoes em Petroleo SA, Strike Price BRL 1,402.84, Expires 8/25/11, Broker Credit Suisse First Boston |
2,800 | (172,061 | ) | |||||
HSBC Holdings Plc: |
||||||||
Strike Price GBP 6.12, Expires 8/04/11, Broker Citigroup Global Markets, Inc. |
548,000 | (8,459 | ) | |||||
Strike Price GBP 6.29, Expires 8/17/11, Broker Deutsche Bank Securities Corp. |
549,000 | (14,346 | ) | |||||
Hyundai Engineering & Construction Co. Ltd.: |
||||||||
Strike Price KRW 85,223.80, Expires 8/02/11, Broker Deutsche Bank Securities Corp. |
58,400 | (97,018 | ) | |||||
Strike Price KRW 85,951, Expires 8/02/11, Broker Deutsche Bank Securities Corp. |
21,600 | (26,754 | ) | |||||
Hyundai Marine & Fire Insurance Co. Ltd., Strike Price KRW 31,178.70, Expires 8/16/11, Broker Deutsche Bank Securities Corp. |
166,000 | (457,566 | ) | |||||
IHI Corp., Strike Price JPY 205.53, Expires 8/02/11, Broker Morgan Stanley & Co., Inc. |
2,750,000 | (120,899 | ) | |||||
Imperial Tobacco Group Plc, Strike Price GBP 21.62, Expires 9/06/11, Broker Citigroup Global Markets, Inc. |
218,000 | (92,170 | ) | |||||
Inchcape Plc, Strike Price GBP 4.07, Expires 9/06/11, Broker Citigroup Global Markets, Inc. |
460,500 | (53,289 | ) | |||||
ING Groep NV: |
||||||||
Strike Price EUR 8.05, Expires 8/03/11, Broker UBS Securities LLC |
120,700 | (2,151 | ) | |||||
Strike Price EUR 8.01, Expires 9/06/11, Broker Societe General Securities Corp. |
137,000 | (36,502 | ) | |||||
International Consolidated Airlines Group: |
||||||||
Strike Price GBP 2.35, Expires 9/06/11, Broker Citigroup Global Markets, Inc. |
841,500 | (145,715 | ) | |||||
Strike Price GBP 2.34, Expires 9/13/11, Broker UBS Securities LLC |
490,000 | (92,987 | ) | |||||
ITOCHU Corp., Strike Price JPY 827.90, Expires 8/16/11, Broker Morgan Stanley & Co., Inc. |
297,000 | (233,037 | ) |
JULY 31, 2011 | 5 |
Schedule of Investments (continued) | BlackRock International Growth and Income Trust (BGY) | |
(Percentages shown are based on Net Assets) |
Contracts | Value | |||||||
Options Written |
||||||||
Over-the-Counter Call Options Written (continued) |
||||||||
Japan Prime Realty Investment: |
||||||||
Strike Price JPY 223,210, Expires 8/01/11, Broker Deutsche Bank Securities Corp. |
245 | $ | | |||||
Strike Price JPY 212,302, Expires 8/16/11, Broker Deutsche Bank Securities Corp. |
245 | (966 | ) | |||||
Japan Tobacco, Inc., Strike Price JPY 309,795.15, Expires 8/16/11, Broker Deutsche Bank Securities Corp. |
1,185 | (603,546 | ) | |||||
JGC Corp., Strike Price JPY 2,220.79, Expires 8/02/11, Broker Morgan Stanley & Co., Inc. |
222,000 | (533,970 | ) | |||||
Julius Baer Group Ltd., Strike Price CHF 33.90, Expires 8/03/11, Broker Deutsche Bank Securities Corp. |
78,800 | (24,078 | ) | |||||
K+S AG, Strike Price EUR 52.68, Expires 8/04/11, Broker UBS Securities LLC |
57,300 | (236,278 | ) | |||||
Kabel Deutschland Holding AG: |
||||||||
Strike Price EUR 43.53, Expires 8/03/11, Broker UBS Securities LLC |
32,600 | (8 | ) | |||||
Strike Price EUR 42.76, Expires 8/25/11, Broker Barclays Capital, Inc. |
25,500 | (7,676 | ) | |||||
Strike Price EUR 39.60, Expires 9/13/11, Broker Morgan Stanley & Co., Inc. |
15,500 | (31,196 | ) | |||||
Kazakhmys Plc, Strike Price GBP 13.60, Expires 9/13/11, Broker UBS Securities LLC |
128,700 | (121,032 | ) | |||||
Kia Motors Corp., Strike Price KRW 68,888.06, Expires 8/02/11, Broker Deutsche Bank Securities Corp. |
65,500 | (528,968 | ) | |||||
Koninklijke DSM NV, Strike Price EUR 42.92, Expires 9/13/11, Broker Societe General Securities Corp. |
66,600 | (30,519 | ) | |||||
Koninklijke KPN NV, Strike Price EUR 9.71, Expires 9/13/11, Broker Citigroup Global Markets, Inc. |
175,400 | (75,895 | ) | |||||
KT Corp. - ADR: |
||||||||
Strike Price USD 18.33, Expires 8/05/11, Broker Deutsche Bank Securities Corp. |
32,500 | (46,410 | ) | |||||
Strike Price USD 18.70, Expires 8/12/11, Broker Morgan Stanley & Co., Inc. |
52,000 | (57,380 | ) | |||||
Strike Price USD 19.13, Expires 8/30/11, Broker Deutsche Bank Securities Corp. |
70,000 | (64,950 | ) | |||||
Kubota Corp., Strike Price JPY 695.64, Expires 8/02/11, Broker Morgan Stanley & Co., Inc. |
494,000 | (60,513 | ) | |||||
Lukoil OAO - ADR, Strike Price USD 63.13, Expires 8/04/11, Broker Morgan Stanley & Co., Inc. |
58,700 | (215,429 | ) | |||||
LVMH Moet Hennessy Louis Vuitton SA: |
||||||||
Strike Price EUR 130, Expires 8/19/11, Broker Morgan Stanley & Co., Inc. |
50 | (15,563 | ) | |||||
Strike Price EUR 129.53, Expires 9/13/11, Broker Societe General Securities Corp. |
14,000 | (70,474 | ) | |||||
Lynas Corp. Ltd., Strike Price AUD 2.07, Expires 8/08/11, Broker JPMorgan Chase Securities |
1,253,000 | (177,743 | ) | |||||
Magna International, Inc., Class A, Strike Price USD 51.48, Expires 8/31/11, Broker Morgan Stanley & Co., Inc. |
37,500 | (36,662 | ) | |||||
Manulife Financial Corp.: |
||||||||
Strike Price CAD 16, Expires 8/22/11, Broker T.D. Securities |
1,980 | (35,228 | ) | |||||
Strike Price CAD 16, Expires 9/19/11, Broker T.D. Securities |
100 | (3,402 | ) | |||||
Marubeni Corp., Strike Price JPY 537.75, Expires 8/16/11, Broker Morgan Stanley & Co., Inc. |
471,000 | (249,307 | ) | |||||
Mega Financial Holding Co. Ltd., Strike Price TWD 24.34, Expires 8/16/11, Broker Deutsche Bank Securities Corp. |
4,296,000 | (507,272 | ) | |||||
Merck KGaA: |
||||||||
Strike Price EUR 74.58, Expires 8/03/11, Broker UBS Securities LLC |
33,900 | (20,722 | ) | |||||
Strike Price EUR 77.74, Expires 9/13/11, Broker Citigroup Global Markets, Inc. |
14,800 | (16,574 | ) | |||||
Metro AG, Strike Price EUR 39.94, Expires 9/06/11, Broker Societe General Securities Corp. |
43,000 | (41,868 | ) | |||||
Mitsubishi Chemical Holdings Corp., Strike Price JPY 567.06, Expires 8/16/11, Broker Deutsche Bank Securities Corp. |
373,000 | (168,101 | ) | |||||
Mitsui Fudosan Co. Ltd., Strike Price JPY 1,372.28, Expires 8/16/11, Broker Morgan Stanley & Co., Inc. |
162,000 | (216,360 | ) | |||||
MTN Group Ltd., Strike Price ZAR 145.55, Expires 9/06/11, Broker Societe General Securities Corp. |
159,000 | (90,934 | ) | |||||
Naspers Ltd., N Shares, Strike Price ZAR 379.26, Expires 9/06/11, Broker Citigroup Global Markets, Inc. |
47,000 | (43,898 | ) | |||||
National Grid Plc, Strike Price GBP 6.16, Expires 9/06/11, Broker Societe General Securities Corp. |
480,000 | (38,176 | ) | |||||
New World Development Ltd., Strike Price HKD 11.69, Expires 8/16/11, Broker Morgan Stanley & Co., Inc. |
1,232,000 | (21,620 | ) | |||||
Newcrest Mining Ltd., Strike Price AUD 37.44, Expires 8/16/11, Broker Citigroup Global Markets, Inc. |
150,000 | (396,892 | ) | |||||
Norsk Hydro ASA, Strike Price NOK 38.87, Expires 8/03/11, Broker Morgan Stanley & Co., Inc. |
470,000 | (29,647 | ) | |||||
ORIX Corp., Strike Price JPY 7,683.66, Expires 8/02/11, Broker Morgan Stanley & Co., Inc. |
32,000 | (260,980 | ) | |||||
Pandora A/S: |
||||||||
Strike Price DKK 162.06, Expires 8/03/11, Broker UBS Securities LLC |
10,000 | (2,160 | ) | |||||
Strike Price DKK 161.61, Expires 9/13/11, Broker UBS Securities LLC |
40,000 | (80,395 | ) | |||||
Petrominerales Ltd.: |
||||||||
Strike Price CAD 29.31, Expires 8/11/11, Broker Deutsche Bank Securities Corp. |
57,500 | (99,167 | ) | |||||
Strike Price CAD 28, Expires 9/19/11, Broker T.D. Securities |
450 | (163,666 | ) | |||||
Quadra FNX Mining Ltd.: |
||||||||
Strike Price CAD 14.59, Expires 8/29/11, Broker Goldman Sachs & Co. |
126,000 | (135,506 | ) | |||||
Strike Price CAD 17, Expires 9/19/11, Broker T.D. Securities |
75 | (2,551 | ) |
6 | JULY 31, 2011 |
Schedule of Investments (continued) | BlackRock International Growth and Income Trust (BGY) | |
(Percentages shown are based on Net Assets) |
Contracts | Value | |||||||
Options Written |
||||||||
Over-the-Counter Call Options Written (continued) |
||||||||
Randstad Holding NV: |
||||||||
Strike Price EUR 31.08, Expires 8/03/11, Broker Morgan Stanley & Co., Inc. |
34,000 | $ | (29,417 | ) | ||||
Strike Price EUR 31.27, Expires 9/13/11, Broker UBS Securities LLC |
61,300 | (107,082 | ) | |||||
Roche Holding AG, Strike Price CHF 137.29, Expires 9/06/11, Broker UBS Securities LLC |
35,000 | (222,880 | ) | |||||
Royal Bank of Canada, Strike Price CAD 55, Expires 8/22/11, Broker T.D. Securities |
510 | (4,537 | ) | |||||
Royal Dutch Shell Plc, Class A - ADR: |
||||||||
Strike Price USD 72.91, Expires 8/24/11, Broker Morgan Stanley & Co., Inc. |
59,000 | (105,110 | ) | |||||
Strike Price USD 71.58, Expires 9/01/11, Broker Goldman Sachs & Co. |
38,000 | (103,926 | ) | |||||
Saipem SpA, Strike Price EUR 36.05, Expires 9/06/11, Broker UBS Securities LLC |
73,000 | (128,466 | ) | |||||
Samsung Electronics Co. Ltd., Strike Price KRW 856,422.43, Expires 8/02/11, Broker Morgan Stanley & Co., Inc. |
4,500 | (17,564 | ) | |||||
Sanofi SA, Strike Price EUR 54.03, Expires 8/03/11, Broker UBS Securities LLC |
40,000 | (33,570 | ) | |||||
Seadrill Ltd., Strike Price NOK 182.39, Expires 8/04/11, Broker Morgan Stanley & Co., Inc. |
104,500 | (98,380 | ) | |||||
Sekisui Chemical Co. Ltd., Strike Price JPY 684.56, Expires 8/02/11, Broker Deutsche Bank Securities Corp. |
332,000 | (116,388 | ) | |||||
Shire Plc, Strike Price USD 100.89, Expires 9/09/11, Broker Deutsche Bank Securities Corp. |
8,500 | (44,754 | ) | |||||
Siliconware Precision Industries Co. - ADR: |
||||||||
Strike Price USD 6.61, Expires 8/02/11, Broker Morgan Stanley & Co., Inc. |
167,000 | (2 | ) | |||||
Strike Price USD 6.34, Expires 8/09/11, Broker Deutsche Bank Securities Corp. |
125,000 | (1 | ) | |||||
Strike Price USD 6.07, Expires 8/25/11, Broker Citigroup Global Markets, Inc. |
94,000 | (247 | ) | |||||
Strike Price USD 5.71, Expires 8/30/11, Broker Citigroup Global Markets, Inc. |
87,000 | (1,622 | ) | |||||
Singapore Telecommunications Ltd., Strike Price SGD 3.02, Expires 8/16/11, Broker JPMorgan Chase Securities |
1,238,000 | (240,971 | ) | |||||
SMC Corp., Strike Price JPY 14,277.50, Expires 8/16/11, Broker Deutsche Bank Securities Corp. |
22,300 | (87,269 | ) | |||||
Societe Generale: |
||||||||
Strike Price EUR 39.39, Expires 8/03/11, Broker UBS Securities LLC |
17,200 | (348 | ) | |||||
Strike Price EUR 36.76, Expires 9/13/11, Broker Citigroup Global Markets, Inc. |
54,600 | (95,924 | ) | |||||
Softbank Corp., Strike Price JPY 3,065.10, Expires 8/02/11, Broker Morgan Stanley & Co., Inc. |
106,000 | (19,634 | ) | |||||
Storebrand ASA, Strike Price NOK 48.65, Expires 9/13/11, Broker UBS Securities LLC |
329,000 | (51,872 | ) | |||||
Straits Asia Resources Ltd.: |
||||||||
Strike Price SGD 2.97, Expires 8/16/11, Broker Deutsche Bank Securities Corp. |
974,000 | (96,031 | ) | |||||
Strike Price SGD 3.11, Expires 9/07/11, Broker Morgan Stanley & Co., Inc. |
1,051,000 | (85,054 | ) | |||||
Subsea 7 SA, Strike Price NOK 140.50, Expires 8/17/11, Broker Morgan Stanley & Co., Inc. |
199,500 | (167,184 | ) | |||||
Sumitomo Electric Industries Ltd., Strike Price JPY 1,224.12, Expires 8/16/11, Broker BNP Paribas |
267,000 | (7,414 | ) | |||||
Sumitomo Mitsui Financial Group, Inc., Strike Price JPY 2,417.40, Expires 8/02/11, Broker Morgan Stanley & Co., Inc. |
88,200 | (29,197 | ) | |||||
Swiss Reinsurance Co. Ltd., Strike Price CHF 45.59, Expires 9/06/11, Broker Citigroup Global Markets, Inc. |
78,000 | (98,211 | ) | |||||
Taiwan Semiconductor Manufacturing Co. Ltd. - ADR: |
||||||||
Strike Price USD 13.75, Expires 8/02/11, Broker Goldman Sachs & Co. |
99,000 | (1 | ) | |||||
Strike Price USD 13.15, Expires 9/14/11, Broker Morgan Stanley & Co., Inc. |
98,000 | (15,018 | ) | |||||
Taylor Wimpey Plc, Strike Price GBP 0.37, Expires 8/03/11, Broker Societe General Securities Corp. |
1,202 | (4,213 | ) | |||||
TE Connectivity Ltd., Strike Price USD 38.34, Expires 8/25/11, Broker Goldman Sachs & Co. |
69,000 | (19,646 | ) | |||||
Technip SA: |
||||||||
Strike Price EUR 70.42, Expires 8/04/11, Broker UBS Securities LLC |
28,400 | (236,125 | ) | |||||
Strike Price EUR 76.61, Expires 9/13/11, Broker Societe General Securities Corp. |
28,000 | (101,348 | ) | |||||
Teijin Ltd., Strike Price JPY 356.67, Expires 8/16/11, Broker Deutsche Bank Securities Corp. |
575,000 | (28,036 | ) | |||||
Telefonica SA: |
||||||||
Strike Price EUR 16.37, Expires 8/03/11, Broker Citigroup Global Markets, Inc. |
144,000 | (10 | ) | |||||
Strike Price EUR 16.62, Expires 8/17/11, Broker Citigroup Global Markets, Inc. |
143,500 | (2,312 | ) | |||||
Tencent Holdings Ltd., Strike Price HKD 210.26, Expires 8/16/11, Broker Morgan Stanley & Co., Inc. |
67,000 | (28,328 | ) | |||||
Toray Industries, Inc., Strike Price JPY 590.58, Expires 8/02/11, Broker Morgan Stanley & Co., Inc. |
456,000 | (58,325 | ) | |||||
The Toronto-Dominion Bank, Strike Price CAD 78.91, Expires 8/26/11, Broker Deutsche Bank Securities Corp. |
37,500 | (22,157 | ) | |||||
Trican Well Service Ltd.: |
||||||||
Strike Price CAD 22, Expires 8/22/11, Broker T.D. Securities |
850 | (282,459 | ) | |||||
Strike Price CAD 26, Expires 9/19/11, Broker T.D. Securities |
690 | (63,190 | ) | |||||
Tullow Oil Plc, Strike Price GBP 12.30, Expires 8/04/11, Broker Credit Suisse First Boston |
158,000 | (36,782 | ) |
JULY 31, 2011 | 7 |
Schedule of Investments (continued) | BlackRock International Growth and Income Trust (BGY) | |
(Percentages shown are based on Net Assets) |
Contracts | Value | |||||||
Options Written |
||||||||
Over-the-Counter Call Options Written (concluded) |
||||||||
UBS AG, Strike Price CHF 14.05, Expires 9/13/11, Broker Citigroup Global Markets, Inc. |
135,000 | $ | (44,848 | ) | ||||
Unibail-Rodamco SE - REIT, Strike Price EUR 155.61, Expires 8/03/11, Broker Citigroup Global Markets, Inc. |
17,900 | (22,402 | ) | |||||
VimpelCom Ltd. - ADR: |
||||||||
Strike Price USD 13.31, Expires 8/12/11, Broker Morgan Stanley & Co., Inc. |
40,000 | (1,974 | ) | |||||
Strike Price USD 12.12, Expires 9/08/11, Broker Deutsche Bank Securities Corp. |
37,500 | (17,594 | ) | |||||
Volkswagen AG, Preference Shares, Strike Price EUR 149.53, Expires 9/06/11, Broker Morgan Stanley & Co., Inc. |
18,400 | (58,387 | ) | |||||
Wharf Holdings Ltd., Strike Price HKD 52.71, Expires 8/02/11, Broker Morgan Stanley & Co., Inc. |
557,000 | (326,421 | ) | |||||
WPP Plc, Strike Price GBP 7.49, Expires 8/03/11, Broker Morgan Stanley & Co., Inc. |
175,000 | (47 | ) | |||||
Xstrata Plc: |
||||||||
Strike Price GBP 12.74, Expires 8/03/11, Broker Citigroup Global Markets, Inc. |
165,000 | (77,287 | ) | |||||
Strike Price GBP 13.98, Expires 9/06/11, Broker Citigroup Global Markets, Inc. |
74,000 | (18,188 | ) | |||||
Strike Price GBP 13.78, Expires 9/13/11, Broker Citigroup Global Markets, Inc. |
93,000 | (37,074 | ) | |||||
Yamato Holdings Co. Ltd., Strike Price JPY 1,249.88, Expires 8/02/11, Broker Morgan Stanley & Co., Inc. |
212,000 | (190,271 | ) | |||||
|
|
|||||||
Total Over-the-Counter Call Options Written |
(16,943,558 | ) | ||||||
|
|
|||||||
Total Options Written (Premiums Received $17,613,367) (1.7)% |
(19,207,061 | ) | ||||||
|
|
|||||||
Total Investments Net of Outstanding Options Written 98.5% |
1,109,784,200 | |||||||
Other Assets Less Liabilities 1.5% |
17,064,838 | |||||||
|
|
|||||||
Net Assets 100.0% |
$ | 1,126,849,038 | ||||||
|
|
* | The cost and unrealized appreciation (depreciation) of investments as of July 31, 2011 as computed for federal income tax purposes, were as follows: |
Aggregate cost |
$ | 1,092,332,160 | ||
|
|
|||
Gross unrealized appreciation |
$ | 97,450,075 | ||
Gross unrealized depreciation |
(60,790,974 | ) | ||
|
|
|||
Net unrealized appreciation |
$ | 36,659,101 | ||
|
|
(a) | Non-income producing security. |
(b) | All or a portion of security has been pledged/segregated as collateral in connection with outstanding options written. |
(c) | Investments in companies considered to be an affiliate of the Trust during the period, for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows: |
Affiliate |
Shares Held at October 31, 2010 |
Net Activity | Shares Held at July 31, 2011 |
Realized Gain |
Income | |||||||||||||||
BlackRock Liquidity Funds, TempFund, Institutional Class |
57,450,039 | 30,358,876 | 87,808,915 | $ | 303 | $ | 42,933 | |||||||||||||
iShares MSCI EAFE Index Fund |
| 87,000 | 87,000 | $ | 170,048 | $ | 181,072 |
(d) | Represents the current yield as of report date. |
| Foreign currency exchange contracts as of July 31, 2011 were as follows: |
Currency Purchased |
Currency Sold |
Counterparty |
Settlement Date |
Unrealized Appreciation (Depreciation) |
||||||||||||||||
GBP |
1,000 | USD | 1,634 | Citigroup Global Markets, Inc. | 8/01/11 | $ | 7 | |||||||||||||
USD |
1,315,870 | EUR | 914,000 | Deutsche Bank Securities Corp. | 8/03/11 | 2,627 | ||||||||||||||
USD |
14,527 | MXN | 171,000 | Citigroup Global Markets, Inc. | 8/02/11 | (42 | ) | |||||||||||||
USD |
218,793 | HKD | 1,705,000 | UBS Securities LLC | 8/02/11 | 29 | ||||||||||||||
USD |
2,267,223 | GBP | 1,378,000 | Citigroup Global Markets, Inc. | 8/03/11 | 5,385 | ||||||||||||||
USD |
6,261 | CAD | 6,000 | Citigroup Global Markets, Inc. | 8/02/11 | (19 | ) | |||||||||||||
|
|
|||||||||||||||||||
Total |
$ | 7,987 | ||||||||||||||||||
|
|
| Fair Value Measurements Various inputs are used in determining the fair value of investments and derivative financial instruments. These inputs are categorized in three broad levels for financial reporting purposes as follows: |
| Level 1 price quotations in active markets/exchanges for identical assets and liabilities |
| Level 2 other observable inputs (including, but not limited to: quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market-corroborated inputs) |
| Level 3 unobservable inputs based on the best information available In the circumstances, to the extent observable inputs are not available (including the Trusts own assumptions used in determining the fair value of investments and derivative financial instruments) |
8 | JULY 31, 2011 |
Schedule of Investments (concluded) | BlackRock International Growth and Income Trust (BGY) | |
The categorization of a value determined for investments and derivative financial instruments is based on the pricing transparency of the investment and derivative financial instrument and does not necessarily correspond to the Trusts perceived risk of investing in those securities. For information about the Trusts policy regarding valuation of investments and derivative financial instruments and other significant accounting policies, please refer to the Trusts most recent financial statements as contained in its semi-annual report. The following tables summarize the inputs used as of July 31, 2011 in determining the fair valuation of the Trusts investments and derivative financial instruments:
Valuation Inputs |
Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Assets: |
||||||||||||||||
Investments: |
||||||||||||||||
Long-Term Investments: |
||||||||||||||||
Common Stocks: |
||||||||||||||||
Australia |
| $ | 25,352,777 | | $ | 25,352,777 | ||||||||||
Austria |
| 3,571,448 | | 3,571,448 | ||||||||||||
Belgium |
| 8,920,993 | | 8,920,993 | ||||||||||||
Bermuda |
| 6,596,139 | | 6,596,139 | ||||||||||||
Brazil |
$ | 29,479,978 | | | 29,479,978 | |||||||||||
British Virgin Islands |
1,513,170 | | | 1,513,170 | ||||||||||||
Canada |
61,870,915 | | | 61,870,915 | ||||||||||||
China |
974,682 | 19,567,129 | | 20,541,811 | ||||||||||||
Denmark |
2,593,768 | 12,192,398 | | 14,786,166 | ||||||||||||
France |
| 60,171,794 | | 60,171,794 | ||||||||||||
Germany |
7,457,995 | 77,329,670 | | 84,787,665 | ||||||||||||
Gibraltar |
| 936,553 | | 936,553 | ||||||||||||
Hong Kong |
9,738,371 | 50,104,742 | | 59,843,113 | ||||||||||||
India |
2,893,230 | 12,207,648 | | 15,100,878 | ||||||||||||
Indonesia |
| 5,434,758 | | 5,434,758 | ||||||||||||
Ireland |
| 3,610,857 | | 3,610,857 | ||||||||||||
Italy |
| 6,909,879 | | 6,909,879 | ||||||||||||
Japan |
| 155,111,120 | | 155,111,120 | ||||||||||||
Malaysia |
| 11,776,375 | | 11,776,375 | ||||||||||||
Mexico |
11,468,492 | | | 11,468,492 | ||||||||||||
Netherlands |
32,438,734 | 36,075,805 | | 68,514,539 | ||||||||||||
Norway |
| 30,494,219 | | 30,494,219 | ||||||||||||
Russia |
7,164,905 | | | 7,164,905 | ||||||||||||
Singapore |
| 14,425,481 | | 14,425,481 | ||||||||||||
South Africa |
| 10,800,871 | | 10,800,871 | ||||||||||||
South Korea |
5,540,704 | 48,414,778 | | 53,955,482 | ||||||||||||
Spain |
| 11,639,649 | | 11,639,649 | ||||||||||||
Switzerland |
7,926,876 | 45,890,923 | | 53,817,799 | ||||||||||||
Taiwan |
15,439,269 | 18,321,586 | | 33,760,855 | ||||||||||||
Thailand |
| 13,212,775 | | 13,212,775 | ||||||||||||
United Kingdom |
20,568,003 | 120,184,008 | | 140,752,011 | ||||||||||||
United States |
9,756,329 | | | 9,756,329 | ||||||||||||
Exchange-Traded Funds |
5,102,550 | | | 5,102,550 | ||||||||||||
Short-Term Securities |
87,808,915 | | | 87,808,915 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total |
$ | 319,736,886 | $ | 809,254,375 | | $ | 1,128,991,261 | |||||||||
|
|
|
|
|
|
|
|
|||||||||
Valuation Inputs |
Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Derivative Financial Instruments1 |
||||||||||||||||
Assets: |
||||||||||||||||
Foreign currency exchange contracts |
$ | 8,048 | | | $ | 8,048 | ||||||||||
Liabilities: |
||||||||||||||||
Equity contracts |
(2,778,251 | ) | $ | (16,428,810 | ) | | (19,207,061 | ) | ||||||||
Foreign currency exchange contracts |
(61 | ) | | | (61 | ) | ||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total |
$ | (2,770,264 | ) | $ | (16,428,810 | ) | | $ | (19,199,074 | ) | ||||||
|
|
|
|
|
|
|
|
1 | Derivative financial instruments are foreign currency exchange contracts and options. Foreign currency exchange contracts are valued at the unrealized appreciation/ depreciation on the instrument and options are shown at value. |
JULY 31, 2011 | 9 |
Item 2 | | Controls and Procedures | ||
2(a) | | The registrants principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrants disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the 1940 Act)) are effective as of a date within 90 days of the filing of this report based on the evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act and Rule 13a-15(b) under the Securities Exchange Act of 1934, as amended. | ||
2(b) | | There were no changes in the registrants internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act) that occurred during the registrants last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrants internal control over financial reporting. | ||
Item 3 | | Exhibits |
Certifications Attached hereto
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
BlackRock International Growth and Income Trust | ||||||
By: | /s/ John M. Perlowski |
|||||
John M. Perlowski | ||||||
Chief Executive Officer (principal executive officer) of BlackRock International Growth and Income Trust |
Date: September 26, 2011
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
By: | /s/ John M. Perlowski |
|||||
John M. Perlowski | ||||||
Chief Executive Officer (principal executive officer) of BlackRock International Growth and Income Trust | ||||||
Date: September 26, 2011 | ||||||
By: | /s/ Neal J. Andrews |
|||||
Neal J. Andrews | ||||||
Chief Financial Officer (principal financial officer) of BlackRock International Growth and Income Trust |
Date: September 26, 2011