# EDGAR Filing Document

**Accession Number:** 0000355916
**File Stem:** 0001193125-23-027153
**Filing Date:** 2023-2
**Character Count:** 4843
**Document Hash:** abbede0060ebc5120cdce6adcdc37f4b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-23-027153.hdr.sgml**: 20230208

**ACCESSION NUMBER**: 0001193125-23-027153

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20230208

**DATE AS OF CHANGE**: 20230207

**EFFECTIVENESS DATE**: 20230208

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BlackRock Variable Series Funds, Inc.
- **CENTRAL INDEX KEY:** 0000355916
- **IRS NUMBER:** 133093080
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 002-74452
- **FILM NUMBER:** 23596297

**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 60/40 Target Allocation ETF V.I. Fund (Series ID: S000045356)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Class I    | C000141138 |
| Class III  | C000141139 |

---

## Series and Classes Contracts Data

### BlackRock 60/40 Target Allocation ETF V.I. Fund (Series ID: S000045356)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000141138 | Class I      |  |
| C000141139 | Class III    |  |

**BLACKROCK VARIABLE SERIES FUNDS, INC.** 

BlackRock 60/40 Target Allocation ETF V.I. Fund

(the "Fund")

**Supplement dated February 8, 2023 to the Summary Prospectus and the** 

**Prospectus of the Fund, dated May 1, 2022, as supplemented to date** 

**Effective on February 8, 2023, 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 60/40 Target Allocation ETF V.I. Fund — Portfolio Managers" and the section of the Prospectus entitled "Fund Overview — Key Facts About BlackRock 60/40 Target Allocation ETF V.I. Fund — Portfolio Managers" are deleted in their entirety and replaced with the following:** 

---

| | | |
|:---|:---|:---|
| **Name** | **Portfolio Manager of**<br> **the Fund Since** | **Title** |
| Paul Whitehead | 2023 | Managing Director of BlackRock, Inc. |
| Michael Gates, CFA | 2016 | Managing Director of BlackRock, Inc. |
| Greg Savage, CFA | 2018 | Managing Director of BlackRock, Inc. |

---

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

---

| |
|:---|
| &nbsp;&nbsp;&nbsp;**ABOUT THE PORTFOLIO MANAGEMENT TEAM OF THE FUND** |
| &nbsp;&nbsp;&nbsp;The Fund is managed by a team of financial professionals. Paul Whitehead, Michael Gates, CFA, and Greg Savage, CFA are the portfolio managers and are jointly and primarily responsible for the day-to-day management of the Fund. Please see "Management of the Funds — Portfolio Manager Information" for additional information about the portfolio management team. |

---

**The section of the Prospectus entitled "Management of the Funds — Portfolio Manager Information — BlackRock 60/40 Target Allocation ETF V.I. Fund" is deleted in its entirety and replaced with the following:** 

---

| | | | |
|:---|:---|:---|:---|
| **Portfolio Manager** | **Primary Role** | **Since** | **Title and Recent Biography** |
| Paul Whitehead | Jointly and primarily responsible for the day-to-day management of each Fund's portfolio, including setting each Fund's overall investment strategy and overseeing the management of the Fund. | 2023 | Managing Director of BlackRock, Inc. since 2010; Director of BlackRock, Inc. from 2009 to 2010; Principal of Barclays Global Investors ("BGI") from 2002 to 2009. |
| Michael Gates, CFA | 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. | 2016 | Managing Director of BlackRock, Inc. since 2019; Director of BlackRock, Inc. from 2009 to 2019. |
| Greg Savage, CFA | 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. | 2018 | Managing Director of BlackRock, Inc. since 2010; Director of BlackRock, Inc. in 2009; Principal of BGI from 2007 to 2009; Associate of BGI from 1999 to 2007. |

---

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