Blackrock Funds
03/04/2026 | Press release | Distributed by Public on 03/04/2026 15:38
Prospectus by Investment Company (Form 497)
BLACKROCK FUNDSSM
BlackRock Global Equity Market Neutral Fund
(the "Fund")
Supplement dated March 4, 2026 to the Statement of Additional Information ("SAI") of the Fund
dated August 28, 2025, as supplemented to date
Effective immediately, the minimum lag time until the Fund may disclose its Portfolio Holdings (as defined in the SAI) to shareholders, prospective shareholders, intermediaries, consultants and third-party data providers will be extended from 20 calendar days after month-end to 60 calendar days after month-end.
Therefore, effective immediately, the following change is made to the Fund's SAI:
The sub-section entitled "Open-End Mutual Funds (Excluding Money Market Funds)" of the section of the SAI entitled "Selective Disclosure of Portfolio Holdings" is deleted in its entirety and replaced with the following:
OPEN-END MUTUAL FUNDS (EXCLUDING MONEY MARKET FUNDS)
| Time Periods for Portfolio Holdings | ||||
|
Prior to 20 Calendar Days After Month-End |
20 Calendar Days After Month-End To Public Filing |
|||
|
Portfolio Holdings |
Cannot disclose without non-disclosure or confidentiality agreement and Chief Compliance Officer ("CCO") approval. | May disclose to shareholders, prospective shareholders, intermediaries, consultants and third-party data providers (e.g., Lipper, Morningstar and Bloomberg), except with respect to Global Allocation funds1, BlackRock Core Bond Portfolio and BlackRock Strategic Income Opportunities Portfolio of BlackRock Funds V, BlackRock Strategic Global Bond Fund, Inc., BlackRock Total Return Fund of BlackRock Bond Fund, Inc., BlackRock Total Return V.I. Fund of BlackRock Variable Series Funds II, Inc., BlackRock Sustainable Total Return Fund of BlackRock Bond Fund, Inc., BlackRock Unconstrained Equity Fund, BlackRock Systematic Multi-Strategy Fund of BlackRock Funds IV and BlackRock Global Equity Market Neutral Fund of BlackRock FundsSM (each of whose portfolio holdings may be disclosed 60 calendar days after month-end). BlackRock generally discloses portfolio holdings information on the lag times established herein on its public website. If Portfolio Holdings are disclosed to one party, they must also be disclosed to all other parties requesting the same information. | ||
| Time Periods for Portfolio Characteristics | ||||
|
Portfolio Liquidity Metrics) |
Prior to 5 Calendar Days After Month-End |
5 Calendar Days After Month-End | ||
| Cannot disclose without non-disclosure or confidentiality agreement and CCO approval.1,2 | May disclose to shareholders, prospective shareholders, intermediaries, consultants and third-party data providers (e.g., Lipper, Morningstar and Bloomberg). If Portfolio Characteristics are disclosed to one party, they must also be disclosed to all other parties requesting the same information. | |||
|
Prior to 60 Calendar Days After Calendar Quarter-End |
60 Calendar Days After Calendar Quarter-End |
|||
|
Portfolio Characteristics - Liquidity Metrics |
Cannot disclose without non-disclosure or confidentiality agreement and CCO approval. | May disclose to shareholders, prospective shareholders, intermediaries and consultants; provided portfolio management has approved. If Liquidity Metrics are disclosed to one party, they must also be disclosed to all other parties requesting the same information. | ||
| 1 |
Global Allocation Exception: For purposes of portfolio holdings, Global Allocation funds include BlackRock Global Allocation Fund, Inc., BlackRock Global Allocation Portfolio of BlackRock Series Fund, Inc. and BlackRock Global Allocation V.I. Fund of BlackRock Variable Series Funds, Inc. Information on certain Portfolio Characteristics of BlackRock Global Allocation Portfolio and BlackRock Global Allocation V.I. Fund is available, upon request, to insurance companies that use these funds as underlying investments (and to advisers and sub-advisers of funds invested in BlackRock Global Allocation Portfolio and BlackRock Global Allocation V.I. Fund) in their variable annuity contracts and variable life insurance policies on a weekly basis (or such other period as may be determined to be appropriate). Disclosure of such characteristics of these two funds constitutes a disclosure of Confidential Information and is being made for reasons deemed appropriate by BlackRock and in accordance with the requirements set forth in these guidelines. If Portfolio Characteristics are disclosed to one party, they must also be disclosed to all other parties requesting the same information. |
| 2 |
Strategic Income Opportunities Exception: Information on certain Portfolio Characteristics of BlackRock Strategic Income Opportunities Portfolio of BlackRock Funds V may be made available to shareholders, prospective shareholders, intermediaries, consultants and third-party data providers, upon request on a more frequent basis as may be deemed appropriate by BlackRock from time-to-time. If Portfolio Characteristics are disclosed to one party, they must also be disclosed to all other parties requesting the same information. |
Shareholders should retain this Supplement for future reference.
SAI-GEMN-0326SUP
2
Blackrock Funds published this content on March 04, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on March 04, 2026 at 21:38 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]