# EDGAR Filing Document

**Accession Number:** 0000202741
**File Stem:** 0001752724-23-067739
**Filing Date:** 2023-3
**Character Count:** 27886
**Document Hash:** 7e0a5a6d9930d69f1aff8a84b90abe94
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-067739.hdr.sgml**: 20230327

**ACCESSION NUMBER**: 0001752724-23-067739

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230327

**DATE AS OF CHANGE**: 20230327

**PERIOD START**: 20230430

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BLACKROCK FUNDS VII, INC.
- **CENTRAL INDEX KEY:** 0000202741
- **IRS NUMBER:** 132866632
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-02661
- **FILM NUMBER:** 23763891

**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:** BLACKROCK ASIAN DRAGON FUND, INC.
- **DATE OF NAME CHANGE:** 20171031

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BLACKROCK PACIFIC FUND, INC.
- **DATE OF NAME CHANGE:** 20061002

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MERRILL LYNCH PACIFIC FUND INC
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### BlackRock Sustainable International Equity Fund (Series ID: S000073894)

| Class ID   | Class Name                                                             | Ticker Symbol   |
|:---|:---|:---|
| C000231159 | BlackRock Sustainable International Equity Fund - Class K Shares       |  |
| C000231160 | BlackRock Sustainable International Equity Fund - Institutional Shares |  |
| C000231161 | BlackRock Sustainable International Equity Fund - Investor A Shares    |  |

## Nport-Ex

Schedule of Investments (unaudited)

January 31, 2023

#### BlackRock Sustainable International Equity Fund

#### (Percentages shown are based on Net Assets)

---

| | | |
|:---|:---|:---|
| *Security* | *Shares* | *Value* |
| **Common Stocks** | **Common Stocks** | **Common Stocks** |
| **Denmark — 4.9%** | **Denmark — 4.9%** | **Denmark — 4.9%** |
| Novo Nordisk A/S, Class B<br>| &nbsp;&nbsp;&nbsp;&nbsp;1205 | &nbsp;&nbsp;$166760 |
| Vestas Wind Systems A/S<br>| &nbsp;&nbsp;&nbsp;&nbsp;1734 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 50739 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;217499 |
| **Finland — 2.4%** | **Finland — 2.4%** | **Finland — 2.4%** |
| Kone Oyj, Class B<br>| &nbsp;&nbsp;&nbsp;&nbsp;1910 | &nbsp;&nbsp;&nbsp;&nbsp; 104164 |
| **France — 14.2%** | **France — 14.2%** | **France — 14.2%** |
| BNP Paribas SA<br>| &nbsp;&nbsp;&nbsp;&nbsp;3033 | &nbsp;&nbsp;&nbsp;&nbsp; 208312 |
| Euroapi SA<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;2673 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 42906 |
| L'Oreal SA<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;451 | &nbsp;&nbsp;&nbsp;&nbsp; 186223 |
| Schneider Electric SE<br>| &nbsp;&nbsp;&nbsp;&nbsp;1199 | &nbsp;&nbsp;&nbsp;&nbsp; 194497 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;631938 |
| **Germany — 8.4%** | **Germany — 8.4%** | **Germany — 8.4%** |
| Allianz SE, Registered Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;873 | &nbsp;&nbsp;&nbsp;&nbsp; 208746 |
| Puma SE<br>| &nbsp;&nbsp;&nbsp;&nbsp;1668 | &nbsp;&nbsp;&nbsp;&nbsp; 113905 |
| Symrise AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;499 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 53049 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;375700 |
| **Japan — 16.7%** | **Japan — 16.7%** | **Japan — 16.7%** |
| Dai-ichi Life Holdings, Inc.<br>| &nbsp;&nbsp;&nbsp;&nbsp;5400 | &nbsp;&nbsp;&nbsp;&nbsp; 126699 |
| Ebara Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;2300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 97657 |
| Kurita Water Industries Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp; 113046 |
| Recruit Holdings Co. Ltd.<br>| &nbsp;&nbsp;&nbsp;&nbsp;3500 | &nbsp;&nbsp;&nbsp;&nbsp; 112561 |
| Sony Group Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;1900 | &nbsp;&nbsp;&nbsp;&nbsp; 169768 |
| Toyota Motor Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;8400 | &nbsp;&nbsp;&nbsp;&nbsp; 123360 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;743091 |
| **Netherlands — 5.7%** | **Netherlands — 5.7%** | **Netherlands — 5.7%** |
| ASML Holding NV<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;235 | &nbsp;&nbsp;&nbsp;&nbsp; 155487 |
| Koninklijke DSM NV<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;769 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 98895 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;254382 |
| **Spain — 3.6%** | **Spain — 3.6%** | **Spain — 3.6%** |
| Iberdrola SA<br>| &nbsp;&nbsp;&nbsp;13693 | &nbsp;&nbsp;&nbsp;&nbsp; 160643 |
| **Switzerland — 10.9%** | **Switzerland — 10.9%** | **Switzerland — 10.9%** |
| Lonza Group AG, Registered Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;249 | &nbsp;&nbsp;&nbsp;&nbsp; 142040 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Shares* | *Value* |
| **Switzerland (continued)** | **Switzerland (continued)** | **Switzerland (continued)** |
| Nestle SA, Registered Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp;1429 | &nbsp;&nbsp;$174351 |
| Roche Holding AG<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;547 | &nbsp;&nbsp;&nbsp;&nbsp; 170757 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;487148 |
| **United Kingdom — 21.6%** | **United Kingdom — 21.6%** | **United Kingdom — 21.6%** |
| Ashtead Group PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;2340 | &nbsp;&nbsp;&nbsp;&nbsp; 154133 |
| AstraZeneca PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;1155 | &nbsp;&nbsp;&nbsp;&nbsp; 151320 |
| Prudential PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;5680 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 94374 |
| Reckitt Benckiser Group PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;1986 | &nbsp;&nbsp;&nbsp;&nbsp; 141524 |
| RELX PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;5459 | &nbsp;&nbsp;&nbsp;&nbsp; 162181 |
| Rentokil Initial PLC<br>| 21447 | &nbsp;&nbsp;&nbsp;&nbsp; 130042 |
| Smith & Nephew PLC<br>| &nbsp;&nbsp;&nbsp;&nbsp;9432 | &nbsp;&nbsp;&nbsp;&nbsp; 130259 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;963833 |
| **United States — 6.6%** | **United States — 6.6%** | **United States — 6.6%** |
| Mastercard, Inc., Class A<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;421 | &nbsp;&nbsp;&nbsp;&nbsp; 156023 |
| Microsoft Corp.<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;564 | &nbsp;&nbsp;&nbsp;&nbsp; 139765 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;295788 |
| **Total Long-Term Investments — 95.0%<br>(Cost: $4,388,799)<br>** | **Total Long-Term Investments — 95.0%<br>(Cost: $4,388,799)<br>** | &nbsp;&nbsp;&nbsp;&nbsp;4234186 |
| **Short-Term Securities** | **Short-Term Securities** | **Short-Term Securities** |
| **Money Market Funds — 4.3%** | **Money Market Funds — 4.3%** | **Money Market Funds — 4.3%** |
| BlackRock Liquidity Funds, T-Fund, Institutional Class, 4.07%<sup>(b)(c)</sup><br>| 193185 | &nbsp;&nbsp;&nbsp;&nbsp; 193185 |
| **Total Short-Term Securities — 4.3%<br>(Cost: $193,185)<br>** | **Total Short-Term Securities — 4.3%<br>(Cost: $193,185)<br>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;193185 |
| **Total Investments — 99.3%<br>(Cost: $4,581,984)<br>** | **Total Investments — 99.3%<br>(Cost: $4,581,984)<br>** | &nbsp;&nbsp;&nbsp;&nbsp;4427371 |
| **Other Assets Less Liabilities — 0.7%<br>** | **Other Assets Less Liabilities — 0.7%<br>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29347 |
| **Net Assets — 100.0%<br>** | **Net Assets — 100.0%<br>** | $4456718 |

---

<sup>(a)</sup> Non-income producing security. <br> <sup>(b)</sup> Affiliate of the Fund. <br> <sup>(c)</sup> Annualized 7-day yield as of period end.

#### Affiliates
Investments in issuers considered to be affiliate(s) of the Fund during the period ended January 31, 2023 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Affiliated Issuer* | &nbsp;&nbsp;*Value at<br> 04/30/22* | &nbsp;&nbsp;&nbsp;&nbsp;*Purchases<br> at Cost* | &nbsp;&nbsp;&nbsp;&nbsp;*Net<br> Realized<br> Gain (Loss)* | &nbsp;&nbsp;&nbsp;&nbsp;*Change in<br> Unrealized<br> Appreciation<br> (Depreciation)* | &nbsp;&nbsp;&nbsp;&nbsp;*Value at<br> 01/31/23* | &nbsp;&nbsp;&nbsp;&nbsp;*Shares<br> Held at<br> 01/31/23* | &nbsp;&nbsp;&nbsp;&nbsp;*Income* | &nbsp;&nbsp;&nbsp;&nbsp;*Capital<br> Gain<br> Distributions<br> from Underlying<br> Funds* |
| BlackRock Liquidity Funds, T-Fund, Institutional Class<br>| &nbsp;&nbsp;$242919 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— &nbsp;&nbsp;&nbsp;&nbsp;$(49734)<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$193185 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;193185 | &nbsp;&nbsp;&nbsp;&nbsp;$3178 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |

---

<sup>(a)</sup> Represents net amount purchased (sold).

------

Schedule of Investments (unaudited) (continued)

January 31, 2023

BlackRock Sustainable International Equity Fund

#### Fair Value Hierarchy as of Period End
Various inputs are used in determining the fair value of financial instruments. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows:

&nbsp;&nbsp;&nbsp;&nbsp;• Level 1 — Unadjusted price quotations in active markets/exchanges for identical assets or liabilities that the Fund has the ability to access;

&nbsp;&nbsp;&nbsp;&nbsp;• 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); and

&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 — Unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the Valuation Committee's assumptions used in determining the fair value of financial instruments).

The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable inputs used by the Valuation Committee in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds. There may not be a secondary market, and/or there are a limited number of investors. The categorization of a value determined for financial instruments is based on the pricing transparency of the financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Fund's policy regarding valuation of financial instruments, refer to its most recent financial statements.

The following table summarizes the Fund's financial instruments categorized in the fair value hierarchy. The breakdown of the Fund's financial instruments into major categories is disclosed in the Schedule of Investments above.

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;*Level 1* | &nbsp;&nbsp;*Level 2* | &nbsp;&nbsp;*Level 3* | &nbsp;&nbsp;*Total* |
| Assets |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Investments |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Long-Term Investments |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Common Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Denmark<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;$217499 | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;$217499 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Finland<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 104164 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 104164 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;France<br>| &nbsp;&nbsp;&nbsp;&nbsp; 42906 | &nbsp;&nbsp;&nbsp;&nbsp; 589032 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 631938 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Germany<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 375700 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 375700 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Japan<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 743091 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 743091 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Netherlands<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 254382 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 254382 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Spain<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 160643 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 160643 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Switzerland<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 487148 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 487148 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United Kingdom<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 963833 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 963833 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;United States<br>| &nbsp;&nbsp; 295788 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 295788 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Short-Term Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds<br>| &nbsp;&nbsp; 193185 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 193185 |
|  | &nbsp;&nbsp;$531879 | &nbsp;&nbsp;$3895492 | &nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;$4427371 |

---

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** BlackRock Funds VII, Inc.

- **b. Investment Company Act file number:** 811-02661

- **c. CIK number of Registrant:** 0000202741

- **d. LEI of Registrant:** VDY1KP9LG622J7GO4A23

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 100 BELLEVUE PARKWAY

  - **City:** WILMINGTON

  - **State:** DE

  - **Foreign country:** US

  - **Zip / Postal Code:** 19809

  - **Telephone number:** 800-441-7762

**Item A.2. Information about the Series.**

- **a. Name of Series:** BlackRock Sustainable International Equity Fund

- **b. EDGAR series identifier (if any):** S000073894

- **c. LEI of Series:** 5493005I7YW8D6HFVI66

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2023-04-30

- **b. Date as of which information is reported:** 2023-01-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $4489993.92

**Total Liabilities:** $33276.13

**Net Assets:** $4456717.79

**Cash Not Reported:** $2165.44

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000231159 | 11.99%               | -1.83%               | 8.00%                |
| Class ID C000231161 | 12.02%               | -1.78%               | 7.88%                |
| Class ID C000231160 | 11.99%               | -1.86%               | 8.00%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-6982.07                | $463163.42                                 |
| Month 2  | $1742.64                 | $-78863.75                                 |
| Month 3  | $-14091.22               | $341934.53                                 |

### Schedule of Portfolio Investments

| Name                             | Title                            | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Sony Group Corp                  | Sony Group Corp                  | CUSIP: 000000000<br>LEI: 529900R5WX9N2OI2N910 | Long             | EC               | CORP              | JP        |      1900 | NS      | $169768.02    | 3.81%             |  |  |  | No            |                  2 | On Loan: No      |
| Schneider Electric SE            | Schneider Electric SE            | CUSIP: 000000000<br>LEI: 969500A1YF1XUYYXS284 | Long             | EC               | CORP              | FR        |      1199 | NS      | $194496.50    | 4.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Lonza Group AG                   | Lonza Group AG                   | CUSIP: 000000000<br>LEI: 549300EFW4H2TCZ71055 | Long             | EC               | CORP              | CH        |       249 | NS      | $142039.95    | 3.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Toyota Motor Corp                | Toyota Motor Corp                | CUSIP: 000000000<br>LEI: 5493006W3QUS5LMH6R84 | Long             | EC               | CORP              | JP        |      8400 | NS      | $123360.06    | 2.77%             |  |  |  | No            |                  2 | On Loan: No      |
| Kone Oyj                         | Kone Oyj                         | CUSIP: 000000000<br>LEI: 2138001CNF45JP5XZK38 | Long             | EC               | CORP              | FI        |      1910 | NS      | $104163.96    | 2.34%             |  |  |  | No            |                  2 | On Loan: No      |
| BlackRock Liquidity Funds T-Fund | BlackRock Liquidity Funds T-Fund | CUSIP: 09248U718<br>LEI: 5493002L9DNZ83RX7V61 | Long             | STIV             | RF                | US        |    193185 | NS      | $193184.80    | 4.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Reckitt Benckiser Group PLC      | Reckitt Benckiser Group PLC      | CUSIP: 000000000<br>LEI: 5493003JFSMOJG48V108 | Long             | EC               | CORP              | GB        |      1986 | NS      | $141524.23    | 3.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Microsoft Corp                   | Microsoft Corp                   | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |       564 | NS      | $139764.84    | 3.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Prudential PLC                   | Prudential PLC                   | CUSIP: 000000000<br>LEI: 5493001Z3ZE83NGK8Y12 | Long             | EC               | CORP              | GB        |      5680 | NS      | $94373.61     | 2.12%             |  |  |  | No            |                  2 | On Loan: No      |
| RELX PLC                         | RELX PLC                         | CUSIP: 000000000<br>LEI: 549300WSX3VBUFFJOO66 | Long             | EC               | CORP              | GB        |      5459 | NS      | $162181.09    | 3.64%             |  |  |  | No            |                  2 | On Loan: No      |
| ASML Holding NV                  | ASML Holding NV                  | CUSIP: 000000000<br>LEI: 724500Y6DUVHQD6OXN27 | Long             | EC               | CORP              | NL        |       235 | NS      | $155487.17    | 3.49%             |  |  |  | No            |                  2 | On Loan: No      |
| BNP Paribas SA                   | BNP Paribas SA                   | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | EC               | CORP              | FR        |      3033 | NS      | $208312.11    | 4.67%             |  |  |  | No            |                  2 | On Loan: No      |
| Ebara Corp                       | Ebara Corp                       | CUSIP: 000000000<br>LEI: 353800UV8U3SOMCDTI49 | Long             | EC               | CORP              | JP        |      2300 | NS      | $97657.06     | 2.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Allianz SE                       | Allianz SE                       | CUSIP: 000000000<br>LEI: 529900K9B0N5BT694847 | Long             | EC               | CORP              | DE        |       873 | NS      | $208746.41    | 4.68%             |  |  |  | No            |                  2 | On Loan: No      |
| Novo Nordisk A/S                 | Novo Nordisk A/S                 | CUSIP: 000000000<br>LEI: 549300DAQ1CVT6CXN342 | Long             | EC               | CORP              | DK        |      1205 | NS      | $166759.80    | 3.74%             |  |  |  | No            |                  2 | On Loan: No      |
| Euroapi SA                       | Euroapi SA                       | CUSIP: 000000000<br>LEI: 9695002FT7GGI3CKKJ14 | Long             | EC               | CORP              | FR        |      2673 | NS      | $42906.38     | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Ashtead Group PLC                | Ashtead Group PLC                | CUSIP: 000000000<br>LEI: 2138007UTBN8X9K1A235 | Long             | EC               | CORP              | GB        |      2340 | NS      | $154133.02    | 3.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Iberdrola SA                     | Iberdrola SA                     | CUSIP: 000000000<br>LEI: 5QK37QC7NWOJ8D7WVQ45 | Long             | EC               | CORP              | ES        |     13693 | NS      | $160643.15    | 3.60%             |  |  |  | No            |                  2 | On Loan: No      |
| Nestle SA                        | Nestle SA                        | CUSIP: 000000000<br>LEI: KY37LUS27QQX7BB93L28 | Long             | EC               | CORP              | CH        |      1429 | NS      | $174350.94    | 3.91%             |  |  |  | No            |                  2 | On Loan: No      |
| Vestas Wind Systems A/S          | Vestas Wind Systems A/S          | CUSIP: 000000000<br>LEI: 549300DYMC8BGZZC8844 | Long             | EC               | CORP              | DK        |      1734 | NS      | $50739.60     | 1.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Symrise AG                       | Symrise AG                       | CUSIP: 000000000<br>LEI: 529900D82I6R9601CF26 | Long             | EC               | CORP              | DE        |       499 | NS      | $53048.51     | 1.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Koninklijke DSM NV               | Koninklijke DSM NV               | CUSIP: 000000000<br>LEI: 724500SNT1MK246AHP04 | Long             | EC               | CORP              | NL        |       769 | NS      | $98894.93     | 2.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Rentokil Initial PLC             | Rentokil Initial PLC             | CUSIP: 000000000<br>LEI: 549300VN4WV7Z6T14K68 | Long             | EC               | CORP              | GB        |     21447 | NS      | $130042.46    | 2.92%             |  |  |  | No            |                  2 | On Loan: No      |
| L'Oreal SA                       | L'Oreal SA                       | CUSIP: 000000000<br>LEI: 529900JI1GG6F7RKVI53 | Long             | EC               | CORP              | FR        |       451 | NS      | $186223.15    | 4.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Roche Holding AG                 | Roche Holding AG                 | CUSIP: 000000000<br>LEI: 549300U41AUUVOAAOB37 | Long             | EC               | CORP              | CH        |       547 | NS      | $170757.21    | 3.83%             |  |  |  | No            |                  2 | On Loan: No      |
| Mastercard Inc                   | Mastercard Inc                   | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |       421 | NS      | $156022.60    | 3.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Puma SE                          | Puma SE                          | CUSIP: 000000000<br>LEI: 529900GRZ2BQY5ZM9N49 | Long             | EC               | CORP              | DE        |      1668 | NS      | $113904.99    | 2.56%             |  |  |  | No            |                  2 | On Loan: No      |
| Smith & Nephew PLC               | Smith & Nephew PLC               | CUSIP: 000000000<br>LEI: 213800ZTMDN8S67S1H61 | Long             | EC               | CORP              | GB        |      9432 | NS      | $130259.14    | 2.92%             |  |  |  | No            |                  2 | On Loan: No      |
| AstraZeneca PLC                  | AstraZeneca PLC                  | CUSIP: 000000000<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | EC               | CORP              | GB        |      1155 | NS      | $151319.49    | 3.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Dai-ichi Life Holdings Inc       | Dai-ichi Life Holdings Inc       | CUSIP: 000000000<br>LEI: 549300ZUFXI7JXZVTZ25 | Long             | EC               | CORP              | JP        |      5400 | NS      | $126699.03    | 2.84%             |  |  |  | No            |                  2 | On Loan: No      |
| Recruit Holdings Co Ltd          | Recruit Holdings Co Ltd          | CUSIP: 000000000<br>LEI: 353800R2LRSMVVC4I806 | Long             | EC               | CORP              | JP        |      3500 | NS      | $112560.92    | 2.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Kurita Water Industries Ltd      | Kurita Water Industries Ltd      | CUSIP: 000000000<br>LEI: 52990086GS2ON69UMX34 | Long             | EC               | CORP              | JP        |      2500 | NS      | $113045.70    | 2.54%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-03-27

**Name of Applicant:** BLACKROCK FUNDS VII, INC.

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer