Transcription
BBIF Money FundBBIF Treasury FundBIF Money FundBIF Treasury FundBlackRock Advantage Global Fund, Inc.BlackRock Advantage U.S. Total Market Fund,Inc.BlackRock Allocation Target SharesBATS: Series A PortfolioBATS: Series C PortfolioBATS: Series E PortfolioBATS: Series M PortfolioBATS: Series P PortfolioBATS: Series S PortfolioBlackRock Asian Dragon Fund, Inc.BlackRock Balanced Capital Fund, Inc.BlackRock Basic Value Fund, Inc.BlackRock Bond Fund, Inc.BlackRock Total Return FundBlackRock California Municipal Series TrustBlackRock California Municipal OpportunitiesFundBlackRock Capital Appreciation Fund, Inc.BlackRock Emerging Markets Fund, Inc.BlackRock Equity Dividend FundBlackRock EuroFundBlackRock Financial Institutions Series TrustBlackRock Summit Cash Reserves FundBlackRock All-Cap Energy & ResourcesPortfolioBlackRock Alternative Capital Strategies FundBlackRock Commodity Strategies FundBlackRock Emerging Markets Dividend FundBlackRock Emerging Markets Equity StrategiesFundBlackRock Energy & Resources PortfolioBlackRock Exchange PortfolioBlackRock Global Long/Short Credit FundBlackRock Global Long/Short Equity FundBlackRock Health Sciences OpportunitiesPortfolioBlackRock High Equity Income FundBlackRock Impact Bond FundBlackRock Impact U.S. Equity FundBlackRock International Dividend FundBlackRock Mid-Cap Growth Equity PortfolioBlackRock Money Market PortfolioBlackRock Real Estate Securities FundBlackRock Short Obligations FundBlackRock Tactical Opportunities FundBlackRock Technology Opportunities FundBlackRock Total Emerging Markets FundBlackRock Total Factor FundiShares Developed Real Estate Index FundiShares Edge MSCI Min Vol EAFE Index FundiShares Edge MSCI Min Vol USA Index FundiShares Edge MSCI Multifactor Intl Index FundiShares Edge MSCI Multifactor USA IndexFundiShares Edge MSCI USA Momentum FactorIndex FundiShares Edge MSCI USA Quality Factor IndexFundiShares Edge MSCI USA Size Factor IndexFundiShares Edge MSCI USA Value Factor IndexFundiShares MSCI Asia ex Japan Index FundiShares MSCI Developed World Index FundiShares Municipal Bond Index FundiShares Russell Mid-Cap Index FundiShares Russell Small/Mid-Cap Index FundiShares Short-Term TIPS Bond Index FundiShares Total U.S. Stock Market Index FundBlackRock Focus Growth Fund, Inc.BlackRock FundsSMBlackRock Advantage Emerging Markets FundBlackRock Advantage International FundBlackRock Advantage Large Cap Growth FundBlackRock Advantage Small Cap Core FundBlackRock Advantage Small Cap Growth FundBlackRock Funds IIBlackRock 20/80 Target Allocation FundBlackRock 40/60 Target Allocation FundBlackRock 60/40 Target Allocation FundBlackRock 80/20 Target Allocation FundBlackRock Core Bond PortfolioBlackRock Credit Strategies Income Fund
BlackRock LifePath Index 2055 FundBlackRock LifePath Index 2060 FundiShares MSCI Total International Index FundiShares Russell 1000 Large-Cap Index FundiShares S&P 500 Index FundiShares U.S. Aggregate Bond Index FundBlackRock Dynamic High Income PortfolioBlackRock Emerging Markets Bond FundBlackRock Emerging Markets FlexibleDynamic Bond PortfolioBlackRock Emerging Markets Local CurrencyBond FundBlackRock Floating Rate Income PortfolioBlackRock Global Dividend PortfolioBlackRock GNMA PortfolioBlackRock High Yield Bond PortfolioBlackRock Inflation Protected Bond PortfolioBlackRock LifePath Smart Beta 2020 FundBlackRock LifePath Smart Beta 2025 FundBlackRock LifePath Smart Beta 2030 FundBlackRock LifePath Smart Beta 2035 FundBlackRock LifePath Smart Beta 2040 FundBlackRock LifePath Smart Beta 2045 FundBlackRock LifePath Smart Beta 2050 FundBlackRock LifePath Smart Beta 2055 FundBlackRock LifePath Smart Beta 2060 FundBlackRock LifePath Smart Beta RetirementFundBlackRock Low Duration Bond PortfolioBlackRock Managed Income FundBlackRock Multi-Asset Income PortfolioBlackRock Strategic Income OpportunitiesPortfolioBlackRock U.S. Government Bond PortfolioBlackRock Funds IVBlackRock Alternative Capital Strategies FundBlackRock Global Long/Short Credit FundBlackRock Impact Bond FundBlackRock Funds VBlackRock Core Bond PortfolioBlackRock Credit Strategies Income FundBlackRock Emerging Markets Bond FundBlackRock Emerging Markets FlexibleDynamic Bond PortfolioBlackRock Emerging Markets Local CurrencyBond FundBlackRock Floating Rate Income PortfolioBlackRock GNMA PortfolioBlackRock High Yield Bond PortfolioBlackRock Inflation Protected Bond PortfolioBlackRock Low Duration Bond PortfolioBlackRock Strategic Income OpportunitiesPortfolioBlackRock U.S. Government Bond PortfolioBlackRock Funds VIBlackRock CoreAlpha Bond FundBlackRock Funds IIIBlackRock Cash Funds: InstitutionalBlackRock Cash Funds: TreasuryBlackRock CoreAlpha Bond FundBlackRock LifePath Dynamic RetirementFundBlackRock LifePath Dynamic 2020 FundBlackRock LifePath Dynamic 2025 FundBlackRock LifePath Dynamic 2030 FundBlackRock LifePath Dynamic 2035 FundBlackRock LifePath Dynamic 2040 FundBlackRock LifePath Dynamic 2045 FundBlackRock LifePath Dynamic 2050 FundBlackRock LifePath Dynamic 2055 FundBlackRock LifePath Dynamic 2060 FundBlackRock LifePath Index Retirement FundBlackRock LifePath Index 2020 FundBlackRock LifePath Index 2025 FundBlackRock LifePath Index 2030 FundBlackRock LifePath Index 2035 FundBlackRock LifePath Index 2040 FundBlackRock LifePath Index 2045 FundBlackRock LifePath Index 2050 FundBlackRock Global Allocation Fund, Inc.BlackRock Index Funds, Inc.iShares MSCI EAFE International Index FundiShares Russell 2000 Small-Cap Index FundBlackRock Large Cap Series Funds, Inc.BlackRock Advantage Large Cap Core FundBlackRock Advantage Large Cap Value FundBlackRock Event Driven Equity FundBlackRock Large Cap Focus Growth FundBlackRock Latin America Fund, Inc.BlackRock Liquidity FundsCalifornia Money FundFederal Trust FundFedFundMuniCashMuniFund2
New York Money FundTempCashTempFundT-FundTreasury Trust FundBlackRock Advantage U.S. Total Market V.I.FundBlackRock Basic Value V.I. FundBlackRock Capital Appreciation V.I. FundBlackRock Equity Dividend V.I. FundBlackRock Global Allocation V.I. FundBlackRock Government Money Market V.I.FundBlackRock High Yield V.I. FundBlackRock International V.I. FundBlackRock iShares Dynamic Allocation V.I.FundBlackRock Large Cap Focus Growth V.I. FundBlackRock Managed Volatility V.I. FundBlackRock S&P 500 Index V.I. FundBlackRock Total Return V.I. FundBlackRock U.S. Government Bond V.I. FundBlackRock Long-Horizon Equity FundBlackRock Mid Cap Dividend Series, Inc.BlackRock Mid Cap Dividend FundBlackRock Multi-State Municipal Series TrustBlackRock New Jersey Municipal Bond FundBlackRock New York Municipal OpportunitiesFundBlackRock Pennsylvania Municipal Bond FundBlackRock Municipal Bond Fund, Inc.BlackRock High Yield Municipal FundBlackRock National Municipal FundBlackRock Short-Term Municipal FundBlackRock Variable Series Funds II, Inc.BlackRock High Yield V.I. FundBlackRock Total Return V.I. FundBlackRock U.S. Government Bond V.I. FundBlackRock Municipal Series TrustBlackRock Strategic Municipal OpportunitiesFundFDP Series, Inc.FDP BlackRock Capital Appreciation FundFDP BlackRock CoreAlpha Bond FundFDP BlackRock Equity Dividend FundFDP BlackRock International FundBlackRock Natural Resources TrustBlackRock Series Fund, Inc.BlackRock Advantage Large Cap Core PortfolioBlackRock Balanced Capital PortfolioBlackRock Capital Appreciation PortfolioBlackRock Global Allocation PortfolioBlackRock Government Money MarketPortfolioBlackRock High Yield PortfolioBlackRock U.S. Government Bond PortfolioFDP Series II, Inc.FDP BlackRock CoreAlpha Bond FundFunds For Institutions SeriesBlackRock Premier Government InstitutionalFundBlackRock Select Treasury StrategiesInstitutional FundBlackRock Treasury Strategies InstitutionalFundFFI Government FundFFI Treasury FundBlackRock Series Fund II, Inc.BlackRock High Yield PortfolioBlackRock U.S. Government Bond PortfolioBlackRock Series, Inc.BlackRock International FundManaged Account SeriesAdvantage Global SmallCap FundBlackRock GA Disciplined Volatility EquityFundBlackRock GA Enhanced Equity FundBlackRock U.S. Mortgage PortfolioMid Cap Dividend FundBlackRock Strategic Global Bond Fund, Inc.BlackRock Variable Series Funds, Inc.BlackRock Advantage Large Cap Core V.I. FundBlackRock Advantage Large Cap Value V.I.FundManaged Account Series IIBlackRock U.S. Mortgage Portfolio3
Ready Assets Government Liquidity FundReady Assets U.S. Treasury Money FundReady Assets U.S.A. Government Money FundRetirement Series TrustRetirement Reserves Money Fund(each, a “Fund” and collectively, the “Funds”)Supplement dated August 31, 2018 to the Statement of Additional Information of each FundEach Fund’s Statement of Additional Information is amended as follows:The list in the section entitled “Purchase of Shares — Additional Payments by BlackRock — C. ServiceOrganizations Receiving Additional Payments”, “Purchase of Shares — Additional Payments byBlackRock — D. Service Organizations Receiving Additional Payments”, “Miscellaneous — AdditionalPayments by BlackRock — D. Service Organizations Receiving Additional Payments”, “InvestmentAdvisory Arrangements — Additional Payments by BlackRock — D. Service Organizations ReceivingAdditional Payments” or “Investment Adviser and Other Service Providers — Additional Payments byBlackRock — D. Service Organizations Receiving Additional Payments” in Part II, as applicable, of eachFund’s current Statement of Additional Information is deleted in its entirety and replaced with thefollowing:AccuTech Systems CorporationADP Broker-Dealer, Inc.Advisor Group, Inc.Alight Solutions LLCAllianz Life Financial Services, LLCAllianz Life Insurance Company of New YorkAllianz Life Insurance Company of North AmericaAmerican Enterprise Investment Services, Inc.American Fidelity Assurance CompanyAmerican Fidelity Securities, Inc.American General Life Insurance CompanyAmerican United Life Insurance CompanyAnnuity Investors Life Insurance CompanyAscensus Broker Dealer Services, Inc.Ascensus, Inc.AXA Advisors, LLCAXA Equitable Life Insurance CompanyBank of America, N.A.Bank of New York Mellon, TheBarclays Capital Inc.BB&T Retirement & Institutional ServicesBenefit Plans Administrative Services, Inc.Benefit Trust CompanyBlackRock Advisors, LLCBMO Capital Markets Corp.BNP Paribas Investment Partners UK LimitedBNY Mellon, N.A.BOKF, N.A.Broadridge Business Process Outsourcing, LLCBrown Brothers Harriman & Co.Capital One, N.A.Cetera Advisor Networks LLCCetera Advisors LLCCetera Financial GroupCetera Financial Specialists LLCCetera Investment Services LLCCharles Schwab & Co., Inc.Charles Schwab BankChicago Mercantile Exchange Inc.Citco Securities, LLCCitiBank, National AssociationCitigroup Global Markets, Inc.Citizens Business BankCME Shareholder Servicing LLCCMFG Life Insurance CompanyComerica BankCommonwealth Financial NetworkComputershare Trust CompanyConduent HR Services, LLCCredit Suisse Securities (USA) LLCCSC Trust Company of DelawareDelaware Life Insurance CompanyDelaware Life Insurance Company of New YorkDeutsche Bank AGDeutsche Bank Trust Company AmericasDigital Retirement Solutions, Inc.Edward D. Jones & Co., L.P.Empire Fidelity Investments Life Insurance CompanyE*trade Savings BankFederal Deposit Insurance CorporationFidelity Brokerage Services LLC4
Fidelity Investments Institutional OperationsCompany, Inc.Fidelity Investments Life Insurance CompanyFifth Third Securities, Inc.First Allied Securities, Inc.First Hawaiian BankFirst Mercantile Trust CompanyFirst MetLife Investors Insurance CompanyFirst Republic BankFirst Security Benefit Life Insurance and AnnuityCompany of New YorkFirst Symetra National Life Insurance Company ofNew YorkFIS Brokerage & Securities Services LLCForethought Life Insurance CompanyFSC Securities CorporationGenworth Life and Annuity Insurance CompanyGenworth Life Insurance Company of New YorkGirard Securities, Inc.Global Atlantic Distributors, LLCGoldman Sachs & Co.Great-West Financial Retirement Plan Services, LLCGreat-West Life & Annuity Insurance CompanyGreat-West Life & Annuity Insurance Company ofNew YorkGuardian Insurance & Annuity Company, Inc., TheGWFS Equities, Inc.Hartford Funds Management CompanyHartford Life Insurance CompanyHartford Securities Distribution Company, Inc.Hazeltree Fund Services, Inc.Hightower Securities, Inc.Hilltop Securities Inc.HSBC Bank USA, N.A.Huntington Investment Company, TheInstitutional Cash Distributors, LLCIntegrity Life Insurance CompanyJ.P. Morgan Securities LLCJefferies LLCJefferson National Life Insurance CompanyJefferson National Life Insurance Company ofNew YorkJohn Hancock Life Insurance Company (U.S.A.)John Hancock Life Insurance Company of New YorkJohn Hancock Trust CompanyJPMorgan Chase Bank, N.A.Kestra Investment Services, LLCLadenburg Thalmann Advisor Network LLCLincoln Financial Advisors CorporationLincoln Financial Distributors, Inc.Lincoln Financial Securities CorporationLincoln Life & Annuity Company of New YorkLincoln National Life Insurance CompanyLincoln Retirement Services LLCLPL Financial LLCM&T Securities Inc.Manufacturers and Traders Trust CompanyMassachusetts Mutual Life Insurance CompanyMembers Life Insurance CompanyMercer HR Services, LLCMerrill Lynch, Pierce, Fenner & Smith IncorporatedMetavante CorporationMetLife Insurance Company USAMetropolitan Life Insurance CompanyMid Atlantic Capital CorporationMidland Life Insurance CompanyMinnesota Life Insurance CompanyMizuho Securities USA Inc.MML Distributors, LLCMML Investors Services, LLCMorgan Stanley & Co. LLCMorgan Stanley Distribution, Inc.Morgan Stanley Smith Barney LLCMUFG Union Bank, National AssociationNational Financial Services LLCNational Integrity Life Insurance CompanyNational Life Insurance CompanyNationwide Financial Services, Inc.Nationwide Fund Distributors LLCNationwide Retirement SolutionsNCB Federal Savings BankNew England Pension Plan Systems, LLCNew York Life Insurance and Annuity CorporationNewport Retirement Services, Inc.NEX Treasury LimitedNorthbrook Bank & Trust CompanyNorthwestern Mutual Investment Services, LLCNYLife Distributors LLCOppenheimer & Co., Inc.Orion Advisor Services, LLCPacific Life & Annuity CompanyPacific Life Insurance CompanyPacific Select Distributors, LLCPark Avenue Securities LLCPershing LLCPFPC Inc.PFS Investments Inc.Piper Jaffray & Co.PNC Bank, National AssociationPNC Capital Markets LLCPNC Investments LLCPrimerica Shareholder Services, Inc.Principal Life Insurance CompanyPruco Life Insurance Company5
Pruco Life Insurance Company of New JerseyPrudential Annuities Distributors, Inc.Prudential Insurance Company of AmericaRaymond James & Associates, Inc.Raymond James Financial Services, Inc.RBC Capital Markets, LLCRegions BankReliance Trust CompanyReliastar Life Insurance CompanyReliastar Life Insurance Company of New YorkRiverSource Distributors, Inc.RiverSource Life Insurance Co. of New YorkRiverSource Life Insurance CompanyRobert W Baird & Co IncorporatedRoyal Alliance Associates, Inc.SagePoint Financial, Inc.Sammons Retirement Solutions, Inc.Saturna Trust CompanySecurity Benefit Life Insurance CompanySecurity Financial Resources, Inc.Security Life of Denver Insurance CompanySEI Private Trust CompanySG Americas Securities, LLCSilicon Valley BankStandard Insurance CompanyState Farm VP Management Corp.State Street Global Markets, LLCStifel, Nicolaus & Company, IncorporatedSummit Brokerage Services, Inc.SunTrust BankSVB Asset ManagementSymetra Life Insurance CompanySyntal Capital Partners, LLCT. Rowe Price Retirement Plan Services, Inc.Talcott Resolution Life and Annuity InsuranceCompanyTalcott Resolution Life Insurance CompanyTD Ameritrade Clearing, Inc.TD Ameritrade Trust CompanyTD Ameritrade, Inc.Teachers Insurance and Annuity Association ofAmericaTransamerica Advisors Life Insurance CompanyTransamerica Financial Life Insurance CompanyTreasury BrokerageU.S. Bancorp Investments, Inc.U.S. Bank, National AssociationUBATCO & Co.UBS Financial Services, Inc.UBS Securities LLCUMB Bank, National AssociationUnited States Life Insurance Company in the City ofNew York, TheVALIC Retirement Services CompanyVanguard Group, Inc., TheVanguard Marketing CorporationVoya Financial Advisors, Inc.Voya Financial Partners, LLCVoya Insurance and Annuity CompanyVoya Institutional Plan Services, LLCVoya Investments Distributor, LLCVoya Retirement Insurance and Annuity CompanyWells Fargo Advisors, LLCWells Fargo Advisors Financial Network, LLCWells Fargo Bank, N.A.Wells Fargo Clearing Services, LLCWells Fargo Investments, LLCWells Fargo Securities, LLCWilmington Trust, National AssociationWoodbury Financial Services, Inc.ZB, National AssociationShareholders should retain this Supplement for future reference.SAI-GLOBAL-0818SUP6
BLACKROCK VARIABLE SERIES FUNDS, INC.BlackRock Global Allocation V.I. FundBlackRock International V.I. FundBlackRock Large Cap Focus Growth V.I. Fund(each, a “Fund” and collectively, the “Funds”)Supplement dated August 29, 2018 to the Statement of Additional Information (“SAI”) of the Funds,dated May 1, 2018, as supplemented to dateThe following change is made to the SAI:The section of the SAI entitled “Additional Information — Custodians” is deleted in its entirety andreplaced with the following:Custodians. JPMorgan Chase Bank, N.A., 383 Madison Avenue, New York, New York 10179, is theCompany’s custodian except that Brown Brothers Harriman & Co., 40 Water Street, Boston, Massachusetts02109, acts as custodian for assets of BlackRock Global Allocation V.I. Fund, BlackRock International V.I. Fundand BlackRock Large Cap Focus Growth V.I. Fund.Shareholders should retain this Supplement for future reference.SAI-VAR-0818-SUP
BLACKROCK VARIABLE SERIES FUNDS, INC.BlackRock Advantage Large Cap Core V.I. FundBlackRock Advantage Large Cap Value V.I. FundBlackRock Advantage U.S. Total Market V.I. FundBlackRock Basic Value V.I. FundBlackRock Capital Appreciation V.I. FundBlackRock Equity Dividend V.I. FundBlackRock Global Allocation V.I. FundBlackRock High Yield V.I. FundBlackRock International V.I. FundBlackRock Large Cap Focus Growth V.I. FundBlackRock Managed Volatility V.I. FundBlackRock S&P 500 Index V.I. FundBlackRock Total Return V.I. FundBlackRock U.S. Government Bond V.I. Fund(each, a “Fund” and collectively, the “Funds”)Supplement dated June 1, 2018 to theStatement of Additional Information dated May 1, 2018, as supplemented to dateEffective immediately, the following changes are made to the Funds’ Statement of Additional Information:The chart listing investments and investment strategies in the section entitled “I. Investment Objectivesand Policies” in Part I of the Funds’ Statement of Additional Information is deleted in its entirety andreplaced with the following:144A SecuritiesAsset-Backed SecuritiesAsset-Based SecuritiesPrecious Metal-Related SecuritiesBank LoansBorrowing and LeverageCash Flows; ExpensesCash ManagementCollateralized Debt ObligationsCollateralized Bond ObligationsCollateralized Loan ObligationsCommercial PaperCommodity-Linked Derivative Instruments and HybridInstrumentsQualifying Hybrid InstrumentsHybrid Instruments Without Principal ProtectionLimitations on LeverageCounterparty RiskConvertible SecuritiesCyber Security IssuesDebt SecuritiesBlackRockBasic ValueV.I. FundBlackRockCapitalAppreciationV.I. FundBlackRockEquityDividendV.I. FundBlackRockGlobalAllocationV.I. FundXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
BlackRockBasic ValueV.I. FundBlackRockCapitalAppreciationV.I. FundBlackRockEquityDividendV.I. FundBlackRockGlobalAllocationV.I. FundXXXXXXXXXXXXXXXXXXXXXDepositary Receipts (ADRs, EDRs and GDRs)DerivativesHedgingIndexed and Inverse SecuritiesSwap AgreementsInterest Rate Swaps, Caps and FloorsCredit Default Swap Agreements and SimilarInstrumentsContracts for DifferenceCredit Linked SecuritiesInterest Rate Transactions and SwaptionsTotal Return Swap AgreementsTypes of OptionsOptions on Securities and Securities IndicesCall OptionsPut OptionsOptions on Governm
BBIF Money Fund BBIF Treasury Fund BIF Money Fund BIF Treasury Fund BlackRock Advantage Global Fund, Inc. BlackRock Advantage U.S. Total Market Fund, Inc. BlackRock Allocation Target Shares BATS: Series A Portfolio BATS: Series C Portfolio BATS: Series E Portfolio BATS: Series M Portfolio BATS: Series P Portfolio BATS: Series S Portfolio
