BlackRock Advantage Large Cap Value V.I. Fund
Data updated: 2026-08-25
C000007913 — BlackRock Advantage Large Cap Value V.I. Fund. United States Large Cap Value Equity · $109.48M AUM. Holdings, fees, performance and SEC filings.
C000007913 Fund Overview
BlackRock Advantage Large Cap Value V.I. Fund is a US mutual fund managed by BlackRock Variable Series Funds, Inc., categorised as United States Large Cap Value Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: BlackRock Variable Series Funds, Inc.
- Category: United States Large Cap Value Equity
- Assets under management: $109.48M
- 1-year return: 32.3%
- SEC CIK: 0000355916
- SEC series ID: S000002878
- Share class ID: C000007913
C000007913 Investment Objective and Strategy
BlackRock Advantage Large Cap Value V.I. Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by BlackRock Variable Series Funds, Inc..
Investment objective
The investment objective of BlackRock Advantage Large Cap Value V.I. Fund (the Fund) is to seek long-term capital appreciation.
Principal investment strategy
Under normal circumstances, the Fund seeks to invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in large cap value equity securities of U.S. issuers and derivatives that provide investment exposure to such securities or to one or more market risk factors associated with such securities. For purposes of the Funds 80% policy, large cap value equity securities are equity securities that (i) at the time of purchase have a market capitalization within the range of companies included in the Russell 1000 Value Index (the Russell 1000 Value Index) and (ii) are included within at least one value index, as determined by BlackRock (the Value Indices). Currently, such Value Indices are the Russell 3000 Value Index, the S&P Composite 1500 Value Index and the MSCI World Value Index.
The Fund primarily intends to invest in equity securities, which include common stock and preferred stock, or other financial instruments that are components of, or have characteristics similar to, the securities included in the Value Indices. The Russell 1000 Value Index is a capitalization-weighted index from a broad range of industries chosen for market size, liquidity and industry group representation. The Fund primarily seeks to buy common stock and may also invest in preferred stock. The Fund may also purchase convertible securities. From time to time, the Fund may invest in shares of companies through new issues or initial public offerings (IPOs). The Fund may use derivatives, including options, futures, swaps (including, but not limited to, total return swaps, some of which may be referred to as contracts for difference) and forward contracts, both to seek to increase the return of the Fund and to hedge (or protect) the value of its assets against adverse movements in currency exchange rates, interest rates and movements in the securities markets.
In order to manage cash flows into or out of the Fund effectively, the Fund may buy and sell financial futures contracts or options on such contracts. Derivatives are financial instruments whose value is derived from another security, a currency or an index, including but not limited to the Value Indices. The use of options, futures, swaps and forward contracts can be effective in protecting or enhancing the value of the Funds assets. The Fund may seek to provide exposure to the investment returns of real assets that trade in the commodity markets through investment in commodity-linked derivative instruments and investment vehicles such as exchange-traded funds that invest exclusively in commodities and are designed to provide this exposure without direct investment in physical commodities.
The Fund seeks to pursue its investment objective by investing in large cap securities in a disciplined manner, by using proprietary return forecast models that incorporate quantitative analysis. These forecast models are designed to identify aspects of mispricing across stocks which the Fund can seek to capture by over- and under-weighting particular equities while seeking to control incremental risk. BlackRock then constructs and rebalances the portfolio by integrating its investment insights with the model-based optimization process.
C000007913 Holdings
Top 10 holdings of BlackRock Advantage Large Cap Value V.I. Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Amazon.com, Inc. | 5.46% |
| Apple, Inc. | 4.70% |
| Microsoft Corp. | 3.80% |
| BlackRock Funds III | 3.06% |
| Berkshire Hathaway, Inc. | 2.59% |
| JPMorgan Chase & Co. | 2.40% |
| Exxon Mobil Corp. | 1.87% |
| Bank of America Corp. | 1.71% |
| Procter & Gamble Co. (The) | 1.57% |
| Intel Corp. | 1.55% |
C000007913 Portfolio Allocation
Asset-class allocation of BlackRock Advantage Large Cap Value V.I. Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.6% |
| Cash & Equivalents | 3.6% |
C000007913 Performance
Total returns for C000007913 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 18.0% |
| 1 year | 32.3% |
| 3 years (annualised) | 20.4% |
| 5 years (annualised) | 12.6% |
C000007913 Risk Information
Risk metrics for C000007913, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 10.3%
C000007913 Costs and Fees
C000007913 costs about $85 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.85%
- Gross expense ratio: 1.42%
- Portfolio turnover: 128%
- Brokerage commissions: 1.95 bps of average net assets (SEC N-CEN)
C000007913 Cashflows
Over the 12 months to 2026-06, BlackRock Advantage Large Cap Value V.I. Fund had net outflows of $9.75M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$1.08M |
| 2026-05 | −$716.29K |
| 2026-04 | −$10.28M |
| 2026-03 | −$260.90K |
| 2026-02 | $428.60K |
| 2026-01 | −$1.13M |
C000007913 Debt Constituents
No individual debt constituents are reported in BlackRock Advantage Large Cap Value V.I. Fund's latest SEC N-PORT filing.
C000007913 Prospectus and SEC Filings
Official BlackRock Advantage Large Cap Value V.I. Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-21
- Prospectus (485BPOS) — filed 2025-04-22
- Prospectus (485BPOS) — filed 2024-04-19
- Portfolio holdings (N-PORT) — filed 2026-08-25
- Portfolio holdings (N-PORT) — filed 2026-05-28
- Portfolio holdings (N-PORT) — filed 2026-02-25
- Annual census (N-CEN) — filed 2026-03-16
- Annual census (N-CEN) — filed 2025-03-14
Related Funds
Other United States Large Cap Value Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.