Liquidation: BLACKROCK FUNDS VII, INC.

Form Type: N-CSR

Filing Date: 2025-07-02

Corporate Action: Liquidation

Type: New

Accession Number: 000119312525154853

Filing Summary: BlackRock Funds VII, Inc. has reported its annual shareholder report for the BlackRock Sustainable Emerging Markets Equity Fund for the period of May 1, 2024 to April 30, 2025. The fund is undergoing significant changes as the Board approved the closure of the fund to new and subsequent investments and to proceed with its liquidation. The fund will no longer accept purchase orders effective September 12, 2025, with all assets being liquidated by September 19, 2025, at which point the fund will be terminated. The report details fund performance with institutional shares returning 8.50% compared to 9.02% for the MSCI Emerging Markets Index. Key factors contributing to performance included holdings in China and Taiwan, particularly Naspers Ltd. and OTP Bank Nyrt. However, the fund faced detractors, primarily from holdings in Brazil and South Korea, particularly Hapvida Participações and Puma SE. The report also outlines geographic allocation and top holdings, emphasizing the fund's financial metrics such as net assets of approximately $70.8 million and a portfolio turnover rate of 47%.

Form Type: 497

Filing Date: 2025-06-13

Corporate Action: Liquidation

Type: Update

Accession Number: 000119312525140859

Filing Summary: On May 20, 2025, the Board of Directors of BlackRock Funds VII, Inc. approved a proposal to close the BlackRock Sustainable Emerging Markets Equity Fund to new and subsequent investments and to proceed with its liquidation. Effective September 12, 2025, the Fund will stop accepting orders from all investors. The complete liquidation of the Fund's assets is scheduled for September 19, 2025, at which point shares held by shareholders will be redeemed at the net asset value per share, and the Fund will be terminated as a series of the Corporation. Shareholders have the opportunity to redeem their shares or transfer them into another mutual fund advised by BlackRock Advisors, LLC before the Liquidation Date. Furthermore, the Fund may alter its investment strategies leading up to the liquidation. Previously proposed changes outlined in the Supplement dated March 5, 2025 regarding the Fund's strategy and name have been cancelled due to this impending liquidation. Shareholders are advised to consult their tax advisers regarding the potential impacts of the liquidation and any exchanges on their tax situations. They are encouraged to keep this Supplement for reference.

Form Type: 497K

Filing Date: 2025-06-13

Corporate Action: Liquidation

Type: Update

Accession Number: 000119312525140864

Filing Summary: On May 20, 2025, the Board of Directors of BlackRock Funds VII, Inc. approved a proposal to close the BlackRock Sustainable Emerging Markets Equity Fund to new and subsequent investments, with plans for liquidation. Effective September 12, 2025, the Fund will stop accepting investment orders. On or about September 19, 2025, all assets will be liquidated completely, and shares will be redeemed at net asset value for shareholders. Shareholders can redeem or exchange their shares prior to the Liquidation Date. The Fund may adjust its investment strategy in preparation for liquidation. Changes from a prior Supplement dated March 5, 2025, to amend the Fund's investment strategy are cancelled. Shareholders are advised to consult tax advisers regarding the impact of the liquidation and exchanges on their tax situation.

Form Type: 497

Filing Date: 2025-03-05

Corporate Action: Liquidation

Type: New

Accession Number: 000119312525047252

Filing Summary: On February 20, 2025, the Board of Directors of BlackRock Funds VII, Inc. approved a proposal to close the BlackRock Sustainable U.S. Value Equity Fund to new and subsequent investments, leading to its liquidation. This closure takes effect at 4:00 p.m. (Eastern time) on April 4, 2025, with no orders accepted from new or existing shareholders for purchasing Fund shares. The complete liquidation of the Fund's assets is anticipated by April 11, 2025, the designated Liquidation Date. Shareholders holding shares on this date will have their shares redeemed at the net asset value per share, resulting in the termination of the Fund as a series of the Corporation. Before the Liquidation Date, shareholders have the option to redeem their shares or exchange them for shares of another mutual fund advised by BlackRock Advisors, LLC or its affiliates. The Fund may adjust its investment strategies in preparation for this liquidation. Shareholders are advised to consult with tax advisers regarding potential impacts of the liquidation and exchanges on their tax situations.

Form Type: 497K

Filing Date: 2025-03-05

Corporate Action: Liquidation

Type: Update

Accession Number: 000119312525047257

Filing Summary: BlackRock Funds VII, Inc. has announced that the Board of Directors approved the closure and subsequent liquidation of the BlackRock Sustainable U.S. Value Equity Fund. Effective April 4, 2025, at 4:00 p.m. Eastern time, the Fund will cease to accept new investments and subsequent orders from existing shareholders. The complete liquidation of the Fund's assets is scheduled for around April 11, 2025. Shareholders holding shares on the Liquidation Date will have their shares redeemed at the net asset value. Prior to the Liquidation Date, shareholders can redeem or exchange their shares into other mutual funds advised by BlackRock Advisors, LLC. The Fund may alter its investment strategies in preparation for liquidation, and stakeholders are advised to consult tax advisers regarding the implications of these actions.