BLACKROCK SERIES FUND II, INC.
BlackRock High Yield Portfolio
(the “Fund”)
Supplement dated May 10, 2023 (the “Supplement”) to the Fund’s
Prospectus dated May 1, 2023
Effective on or about May 31, 2023, the following changes are made to the Fund’s Prospectus:
The section of the Prospectus entitled “Fund Overview — Key Facts About BlackRock High Yield Portfolio — Portfolio Managers” is deleted in its entirety and replaced with the following:
Portfolio Managers
| Name | Portfolio Manager of the Fund Since* |
Title | ||
| Mitchell Garfin, CFA | 2009 | Managing Director of BlackRock, Inc. | ||
| David Delbos | 2014 | Managing Director of BlackRock, Inc. | ||
| Derek Schoenhofen | 2009 | Managing 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:
| ABOUT THE PORTFOLIO MANAGEMENT TEAM OF THE FUND |
| The Fund is managed by a team of financial professionals. Mitchell Garfin, CFA, David Delbos, and Derek Schoenhofen are the Fund’s portfolio managers. Messrs. Garfin, Delbos and Schoenhofen 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. |
The section of the Prospectus entitled “Management of the Fund — Portfolio Manager Information” is deleted in its entirety and replaced with the following:
Portfolio Manager Information
Information regarding the portfolio managers of the Fund is set forth below. Further information regarding the portfolio manager(s), including other accounts managed, compensation, ownership of Fund shares, and possible conflicts of interest, is available in the Fund’s SAI.
The Fund is managed by a team of financial professionals. Mitchell Garfin, CFA, David Delbos and Derek Schoenhofen are jointly and primarily responsible for the day-to-day management of the Fund.
| Portfolio Manager | Primary Role | Since* | Title and Recent Biography | |||
| Mitchell Garfin, 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. | 2009 | Managing Director of BlackRock, Inc. since 2009; Director of BlackRock, Inc. from 2005 to 2008. | |||
| David Delbos | 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 2012; Director of BlackRock, Inc. from 2007 to 2011; Vice President of BlackRock, Inc. from 2005 to 2006. | |||
| Derek Schoenhofen | 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. | 2009 | Managing Director of BlackRock, Inc. since 2019; Director of BlackRock, Inc. from 2006 to 2018; Vice President of BlackRock, Inc. from 2000 to 2005. |
| * | Includes management of the Predecessor Fund. |
Shareholders should retain this Supplement for future reference.
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