12/16/2025 | Press release | Distributed by Public on 12/16/2025 05:00
BLACKROCK FUNDS II
BlackRock Managed Income Fund
(the "Fund")
Supplement dated December 16, 2025 to the Summary Prospectuses and the
Prospectuses of the Fund, each dated April 30, 2025, as supplemented to date
Effective December 31, 2025, the following changes are made to the Fund's Summary Prospectuses and Prospectuses, as applicable:
The section of the Summary Prospectuses entitled "Key Facts About BlackRock Managed Income Fund - Portfolio Managers" and the section of the Prospectuses entitled "Fund Overview - Key Facts About BlackRock Managed Income Fund - Portfolio Managers" are deleted in their entirety and replaced with the following:
Portfolio Managers
| Name |
Portfolio Manager of the Fund Since |
Title | ||
| Justin Christofel, CFA | 2016 | Managing Director of BlackRock, Inc. | ||
| Louis Arranz, CFA | 2025 | Director of BlackRock, Inc. |
The section of the Prospectuses entitled "Details About the Fund - How the Fund Invests - About the Portfolio Management Team 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. Justin Christofel, CFA and Louis Arranz, CFA are the portfolio managers and 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 Prospectuses entitled "Management of the Fund - Portfolio Manager Information" is deleted in its entirety and replaced with the following:
Information regarding the portfolio managers of the Fund 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.
| Portfolio Manager | Primary Role | Since | Title and Recent Biography | |||
| Justin Christofel, 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. | 2016 | Managing Director of BlackRock, Inc. since 2016. | |||
| Louis Arranz, 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. | 2025 | Director of BlackRock, Inc. since 2023; Vice President of BlackRock, Inc. from 2020 to 2022. |
Shareholders should retain this Supplement for future reference.