# EDGAR Filing Document

**Accession Number:** 0001738072
**File Stem:** 0001193125-25-203937
**Filing Date:** 2025-9
**Character Count:** 5608
**Document Hash:** bc256bc26dc9b69e8ca2d47b98d194d1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-203937.hdr.sgml**: 20250916

**ACCESSION NUMBER**: 0001193125-25-203937

**CONFORMED SUBMISSION TYPE**: 497K

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20250916

**DATE AS OF CHANGE**: 20250915

**EFFECTIVENESS DATE**: 20250916

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BlackRock Variable Series Funds II, Inc.
- **CENTRAL INDEX KEY:** 0001738072

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 497K
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-224376
- **FILM NUMBER:** 251315403

**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

## Series and Classes Contracts Data

### BlackRock Total Return V.I. Fund (Series ID: S000062377)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000202344 | Class I      |  |
| C000202345 | Class III    |  |

**BLACKROCK VARIABLE SERIES FUNDS II, INC.** 

**BlackRock Total Return V.I. Fund** 

(the "Fund")

**Supplement dated September 16, 2025 (the "Supplement") to the Fund's** 

**Summary Prospectus and Prospectus, each dated May 1, 2025, as supplemented to date** 

**Effective immediately, the following changes are made to the Fund's Summary Prospectuses and Prospectuses, as applicable:** 

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

***Portfolio Managers***

---

| | | |
|:---|:---|:---|
| **Name** | **Portfolio Manager of<br>the Fund Since** | **Title** |
| Rick Rieder | 2010\* | Chief Investment Officer of Global Fixed Income, Head of Global Allocation Investment Team, member of the Global Executive Committee, Global Operating Committee and Chairman of the BlackRock, Inc. firmwide Investment Council |
| Russell Brownback | 2025 | Managing Director of BlackRock, Inc. |
| Chi Chen | 2022 | Managing Director of BlackRock, Inc. |
| Siddharth Mehta | 2025 | Director of BlackRock, Inc. |
| Sam Summers | 2025 | Director of BlackRock, Inc. |

---

\* Includes management of the Predecessor Fund.

**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 OF THE FUND** |
| &nbsp;&nbsp;&nbsp;The Fund is managed by a team of financial professionals. Rick Rieder, Russell Brownback, Chi Chen, Siddharth Mehta and Sam Summers 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 Total Return V.I. Fund" is deleted in its entirety and replaced with the following:** 

------

**BlackRock Total Return V.I. Fund** 

The Fund is managed by Rick Rieder, Russell Brownback, Chi Chen, Siddharth Mehta and Sam Summers, who are jointly and primarily responsible for the day-to-day management of the Fund.

---

| | | | |
|:---|:---|:---|:---|
| **Portfolio Manager** | **Primary Role** | **Since** | **Title and Recent Biography** |
| Rick Rieder | 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. | 2010 | Chief Investment Officer of Global Fixed Income, Head of Global Allocation Investment Team, member of the Global Executive Committee, Global Operating Committee and Chairman of the BlackRock, Inc. firmwide Investment Council; Managing Director of BlackRock, Inc. since 2009. |
| Russell Brownback | 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 2017. |
| Chi Chen | 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. | 2022 | Managing Director of BlackRock, Inc. since 2024; Director of BlackRock, Inc. from 2020 to 2023; Vice President of BlackRock, Inc. from 2018 to 2019. |
| Siddharth Mehta | 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 | Director of BlackRock, Inc. since 2017. |
| Sam Summers | 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 | Director of BlackRock, Inc. since 2022; Vice President of BlackRock, Inc. from 2018 to 2021. |

---

\* Includes management of the applicable Predecessor Fund.

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