Mutual Fund Summary Prospectus (497k)
20 March 2013 - 8:24AM
Edgar (US Regulatory)
BLACKROCK FUNDS II
BlackRock GNMA Portfolio
(the “Fund”)
Supplement dated March 19, 2013
to the Summary Prospectus dated January 28,
2013
Effective immediately, the following changes
are made to the Fund’s Summary Prospectus:
The second sentence of the first
paragraph in the section of the Summary Prospectus entitled “Principal Investment Strategies of the Fund” is deleted
in its entirety and replaced with the following:
The Fund invests primarily in securities
issued by the GNMA as well as other U.S. Government securities.
The third paragraph in the section
of the Summary Prospectus entitled “Principal Investment Strategies of the Fund” is deleted in its entirety and replaced
with the following:
The Fund measures its performance
against the Barclays GNMA MBS Index (the benchmark). Under normal circumstances, the Fund seeks to maintain an average portfolio
duration that is within ±1 year of the duration of the benchmark.
Shareholders should retain
this Supplement for future reference.
SPRO-GNMA-0313SUP
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