BLACKROCK FUNDS VI
BlackRock Advantage CoreAlpha Bond Fund
(the “Fund”)
Supplement dated March 10, 2022 to the
Summary Prospectuses and Prospectuses of the Fund,
each dated April 30, 2021, as supplemented to date
Effective immediately, the following changes are made to the Fund’s Summary Prospectuses and Prospectuses, as applicable:
The section of each Summary Prospectus entitled “Key Facts About BlackRock Advantage CoreAlpha Bond Fund — Portfolio Managers” and the section of each Prospectus entitled “Fund Overview — Key Facts About BlackRock Advantage CoreAlpha Bond Fund — Portfolio Managers” are deleted in their entirety and replaced with the following:
Portfolio Managers
| Name | Portfolio Manager of the Master Portfolio Since |
Title | ||
| Scott Radell | 2007* | Managing Director of BlackRock, Inc. | ||
| Jeffrey Rosenberg, CFA | 2019 | Managing Director of BlackRock, Inc. | ||
| Jasmita Mohan | 2022 | Director of BlackRock, Inc. |
| * | Includes management of the Predecessor Master Portfolio. |
The section of each 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/MASTER PORTFOLIO |
| The Master Portfolio is managed by a team of financial professionals. Scott Radell, Jeffrey Rosenberg, CFA and Jasmita Mohan are the portfolio managers and are jointly and primarily responsible for the day-to-day management of the Master Portfolio. Please see “Management of the Fund — Portfolio Managers” for additional information about the portfolio management team. |
The section of each Prospectus entitled “Management of the Fund — Portfolio Managers” is deleted in its entirety and replaced with the following:
Portfolio Manager Information
Information regarding the portfolio managers of the Master Portfolio is set forth below. Further information regarding the portfolio managers, including other accounts managed, compensation, ownership of Fund shares, and possible conflicts of interest, is available in the Fund’s SAI. The Master Portfolio is managed by a team of financial professionals. Scott Radell, Jeffrey Rosenberg, CFA and Jasmita Mohan are jointly and primarily responsible for the day-to-day management of the Master Portfolio.
| Name | Primary Role | Since | Title and Recent Biography | |||
| Scott Radell | Jointly and primarily responsible for the day-to-day management of the Master Portfolio’s portfolio, including setting the Master Portfolio’s overall investment strategy and overseeing the management of the Master Portfolio. | 2007* | Senior Portfolio Manager and Managing Director of BlackRock, Inc. since 2009; Head of San Francisco Fixed Income Core PM within BlackRock’s Systematic Fixed Income Portfolio Management Group from 2009 to 2020; Portfolio Manager of Barclays Global Investors from 2003 to 2009. | |||
| Jeffrey Rosenberg, CFA | Jointly and primarily responsible for the day-to-day management of the Master Portfolio’s portfolio, including setting the Master Portfolio’s overall investment strategy and overseeing the management of the Master Portfolio. | 2019 | Managing Director of BlackRock, Inc. since 2011; Chief Fixed Income Strategist and member of the BlackRock Investment Institute since 2016; Chief Investment Strategist for Fundamental Fixed Income at BlackRock since 2011; Chief Credit Strategist at Bank of America Merrill Lynch from 2002 to 2011. | |||
| Jasmita Mohan | Jointly and primarily responsible for the day-to-day management of the Master Portfolio’s portfolio, including setting the Master Portfolio’s overall investment strategy and overseeing the management of the Master Portfolio. | 2022 | Director of BlackRock, Inc. since 2019; Portfolio Manager within BlackRock’s Systematic Fixed Income Portfolio Management Group since 2014. |
| * | Includes management of the Predecessor Master Portfolio (as defined below). |
Shareholders should retain this Supplement for future reference.
ALLPRO-CAB-0322SUP
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