# EDGAR Filing Document

**Accession Number:** 0000355916
**File Stem:** 0001193125-25-287153
**Filing Date:** 2025-11
**Character Count:** 5213
**Document Hash:** 4fac3107a459ed847888d5e6bb684cc6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-287153.hdr.sgml**: 20251119

**ACCESSION NUMBER**: 0001193125-25-287153

**CONFORMED SUBMISSION TYPE**: 497K

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20251119

**DATE AS OF CHANGE**: 20251119

**EFFECTIVENESS DATE**: 20251119

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BlackRock Variable Series Funds, Inc.
- **CENTRAL INDEX KEY:** 0000355916

**ORGANIZATION NAME:**
- **EIN:** 133093080
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 497K
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 002-74452
- **FILM NUMBER:** 251496848

**BUSINESS ADDRESS:**
- **STREET 1:** 100 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809
- **BUSINESS PHONE:** 800-441-7762

**MAIL ADDRESS:**
- **STREET 1:** 100 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FAM Variable Series Funds, Inc.
- **DATE OF NAME CHANGE:** 20050720

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MERRILL LYNCH VARIABLE SERIES FUNDS INC
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### BlackRock Equity Dividend V.I. Fund (Series ID: S000002880)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000007917 | Class I      |  |
| C000007918 | Class II     |  |
| C000007919 | Class III    |  |

**BLACKROCK VARIABLE SERIES FUNDS, INC.** 

BlackRock Equity Dividend V.I. Fund

(the "Fund")

**Supplement dated November 19, 2025 (the "Supplement") to the Fund's Summary Prospectus and** 

**Prospectus, each dated May 1, 2025, as amended or supplemented to date** 

**The following changes are made to the Fund's Summary Prospectus and Prospectus, as applicable:** 

**The section of the Summary Prospectus entitled "Key Facts About BlackRock Equity Dividend V.I. Fund — Portfolio Managers" and the section of the Prospectus entitled "Fund Overview — Key Facts About BlackRock Equity Dividend V.I. Fund — Portfolio Managers" are deleted in their entirety and replaced with the following:** 

***Portfolio Managers***

---

| | | |
|:---|:---|:---|
| **Portfolio Manager** | **Portfolio Manager<br>of the Fund Since** | **Title** |
| Tony DeSpirito<sup>1</sup> | 2014 | Managing Director of BlackRock, Inc. |
| Cem Inal<sup>2</sup> | 2025 | Managing Director of BlackRock, Inc. |
| David Zhao | 2017 | Managing Director of BlackRock, Inc. |

---

<sup>1</sup> Effective December 31, 2025, Tony DeSpirito will no longer serve as a portfolio manager of the Fund.

<sup>2</sup> Effective November 28, 2025, Cem Inal will serve as a portfolio manager of the Fund.

**The section of the Prospectus entitled "Details About the Fund — How the Fund Invests — About the Portfolio Management Team of Equity Dividend V.I. Fund" is deleted in its entirety and replaced with the following:** 

---

| |
|:---|
| &nbsp;&nbsp;&nbsp;**ABOUT THE PORTFOLIO MANAGEMENT TEAM OF EQUITY DIVIDEND V.I. FUND** |
| &nbsp;&nbsp;&nbsp; The Fund is managed by a team of financial professionals. Tony DeSpirito,<sup>1</sup> Cem Inal<sup>2</sup> and David Zhao are the portfolio managers and are jointly and primarily responsible for the day-to-day management of the Fund. Please see "Management of the Fund — Portfolio Manager Information" for additional information about the portfolio management team.<br>|

---

<sup>1</sup> Effective December 31, 2025, Tony DeSpirito will no longer serve as a portfolio manager of the Fund.

<sup>2</sup> Effective November 28, 2025, Cem Inal will serve as a portfolio manager of the Fund.

------

**The section of the Prospectus entitled "Management of the Fund — Portfolio Manager Information — BlackRock Equity Dividend V.I. Fund" is deleted in its entirety and replaced with the following:** 

**BlackRock Equity Dividend V.I. Fund** 

---

| | | | |
|:---|:---|:---|:---|
| **Portfolio Manager** | **Primary Role** | **Since** | **Title and Recent Biography** |
| Tony DeSpirito<sup>1</sup> | Jointly and primarily responsible for the day-to-day management of the Fund's portfolio, including setting the Fund's overall investment strategy and overseeing the management of the Fund. | 2014 | Managing Director of BlackRock, Inc. since 2014. |
| Cem Inal<sup>2</sup> | Jointly and primarily responsible for the day-to-day management of the Fund's portfolio, including setting the Fund's overall investment strategy and overseeing the management of the Fund. | 2025 | Managing Director of BlackRock, Inc. since 2025; Chief Investment Officer of US Large Cap Value Equities at AllianceBernstein from 2020 to 2025. |
| David Zhao | Jointly and primarily responsible for the day-to-day management of the Fund's portfolio, including setting the Fund's overall investment strategy and overseeing the management of the Fund. | 2017 | Managing Director of BlackRock, Inc. since 2016. |

---

<sup>1</sup> Effective December 31, 2025, Tony DeSpirito will no longer serve as a portfolio manager of the Fund.

<sup>2</sup> Effective November 28, 2025, Cem Inal will serve as a portfolio manager of the Fund.

**Shareholders should retain this Supplement for future reference.**