# EDGAR Filing Document

**Accession Number:** 0000355916
**File Stem:** 0002071691-25-007614
**Filing Date:** 2025-11
**Character Count:** 9912
**Document Hash:** 020a6ed7f65a7b68c29ce60254c3b2e9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-25-007614.hdr.sgml**: 20251126

**ACCESSION NUMBER**: 0002071691-25-007614

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251126

**DATE AS OF CHANGE**: 20251126

**PERIOD START**: 20251231

**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:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03290
- **FILM NUMBER:** 251526928

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

## 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 Variable Series Funds, Inc.

- **b. Investment Company Act file number:** 811-03290

- **c. CIK number of Registrant:** 0000355916

- **d. LEI of Registrant:** 5493007IJN5JRPJ1DF61

- **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 60/40 Target Allocation ETF V.I. Fund

- **b. EDGAR series identifier (if any):** S000045356

- **c. LEI of Series:** 54930077W95UGLXCMY56

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-09-30

**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:** $838652327.11

**Total Liabilities:** $100013730.42

**Net Assets:** $738638596.69

**Cash Not Reported:** $1943408.75

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000141139 | 0.64%                | 2.00%                | 2.84%                |
| Class ID C000141138 | 0.63%                | 2.05%                | 2.81%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $3610442.53                                |
| Month 2  | $63840.74                | $13083060.64                               |
| Month 3  | $7387985.82              | $11334603.74                               |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| iShares Core International Aggregate Bond ETF | iShares Core International Aggregate Bond ETF          | CUSIP: 46435G672<br>LEI: 549300FPQU8XYG8LAX15 | Long             |  | RF                | US        |    421486 | NS      | $21592727.78  | 2.92%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust                                 | iShares MSCI USA Quality Factor ETF                    | CUSIP: 46432F339<br>LEI: 5493007KMK0CQLE2O168 | Long             |  | RF                | US        |    427284 | NS      | $83106738.00  | 11.25%            |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Funds III                           | BlackRock Cash Funds: Institutional, SL Agency Shares  | CUSIP: 066922519<br>LEI: 549300JDHS1T46VWOG19 | Long             | STIV             | RF                | US        |  99260737 | NS      | $99310367.67  | 13.45%            |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust                                 | iShares MBS ETF                                        | CUSIP: 464288588<br>LEI: 549300M0TH0IE2E6RP07 | Long             |  | RF                | US        |    379386 | NS      | $36098577.90  | 4.89%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust                                 | iShares S&P 500 Value ETF                              | CUSIP: 464287408<br>LEI: 549300CBC7RH6BCDVO32 | Long             |  | RF                | US        |    211416 | NS      | $43659518.16  | 5.91%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust                                 | iShares J.P. Morgan USD Emerging Markets Bond ETF      | CUSIP: 464288281<br>LEI: 54930070R8WH6MNUJG74 | Long             |  | RF                | US        |    112093 | NS      | $10670132.67  | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust                                 | iShares Core S&P 500 ETF                               | CUSIP: 464287200<br>LEI: 5493007M4YMN8XL48C14 | Long             |  | RF                | US        |    115054 | NS      | $77005642.20  | 10.43%            |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust                                 | iShares U.S. Technology ETF                            | CUSIP: 464287721<br>LEI: 5493003RR427QZS78C77 | Long             |  | RF                | US        |    142422 | NS      | $27894772.92  | 3.78%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust                                 | iShares S&P 100 ETF                                    | CUSIP: 464287101<br>LEI: 549300G3FWQPUM47D181 | Long             |  | RF                | US        |    130709 | NS      | $43505183.56  | 5.89%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust                                 | iShares Core Total USD Bond Market ETF                 | CUSIP: 46434V613<br>LEI: 549300IWM5U5LVTDP761 | Long             |  | RF                | US        |   3683785 | NS      | $172069597.35 | 23.30%            |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust                                 | iShares S&P 500 Growth ETF                             | CUSIP: 464287309<br>LEI: 549300RYFG0B8O3DPR13 | Long             |  | RF                | US        |    438697 | NS      | $52959501.84  | 7.17%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares, Inc.                                 | iShares Core MSCI Emerging Markets ETF                 | CUSIP: 46434G103<br>LEI: 5493007C24Z3ZDJ0VD06 | Long             |  | RF                | US        |    607190 | NS      | $40025964.80  | 5.42%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares U.S. Aerospace & Defense ETF          | iShares U.S. Aerospace & Defense ETF                   | CUSIP: 464288760<br>LEI: 549300BI35CWQ4Q8FM41 | Long             |  | RF                | US        |     34743 | NS      | $7270320.18   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust                                 | iShares MSCI EAFE Value ETF                            | CUSIP: 464288877<br>LEI: 549300AN74D4XJZB8Y40 | Long             |  | RF                | US        |    715077 | NS      | $48503672.91  | 6.57%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust                                 | iShares MSCI USA Momentum Factor ETF                   | CUSIP: 46432F396<br>LEI: 5493002ZOOZ0SN3YYI81 | Long             |  | RF                | US        |    140426 | NS      | $36012247.70  | 4.88%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Liquidity Funds                     | BlackRock Liquidity Funds, T-Fund, Institutional Class | CUSIP: 09248U718<br>LEI: 5493002L9DNZ83RX7V61 | Long             | STIV             | RF                | US        |    951717 | NS      | $951717.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust                                 | iShares 10-20 Year Treasury Bond ETF                   | CUSIP: 464288653<br>LEI: 549300MH5J7BUV0VS287 | Long             |  | RF                | US        |    349809 | NS      | $36026828.91  | 4.88%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-30

**Name of Applicant:** BlackRock Variable Series Funds, Inc.

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer