BlackRock 60/40 Target Allocation Fund

BlackRock Funds II

Actively managed U.S. equity fund
$2.24B NAV
22 positions · as of 2026-06-30 · filed 2026-08-27

Fund classification

Classified from what the fund holds · as of 2026 Q2

BlackRock 60/40 Target Allocation Fund is an actively managed U.S. equity fund.

Asset class
Equity
Region
United States
Management
Actively managed
Fund type
Open-end fund
Features
Fund of funds

Fund profile

As filed in the prospectus · 2026 Q1

The investment objective of the BlackRock 60/40 Target Allocation Fund ( 60/40 Fund or the Fund) is to seek long term capital appreciation. Current income is also a consideration.

Strategy · summarised

The fund is a fund of funds that obtains 60% equity and 40% fixed-income exposure through investments in underlying funds, primarily affiliated open-end funds and ETFs. Equity underlying funds may invest in domestic and international equities, real estate, or commodities, while fixed-income underlying funds may invest in government, corporate, mortgage-backed, or high-yield bonds. The portfolio managers may vary the equity and fixed-income allocations by up to 10 percentage points from target to reflect market conditions, and may further diversify by style, geography, sector, duration, and credit quality.

Expenses
0.32% 1.41%across 5 share classes
Share classGrossNet
C0000508290.51%0.34%
C0000508300.75%0.68%
C0000508311.44%1.41%
C0000508321.06%0.87%
C0001660130.36%0.32%

Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.

Portfolio turnover 49.00% · as of 2026 Q1

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

Partial coverage
101.96%
of net assets
Stocks99.87%
Cash & short-term2.09%

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 1 new1 exited

New: ISHARES TRUST

Exited: iShares Trust

Return profile

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

1-year
+22.23%
3-year
+47.84%
5-year
+40.11%
Volatility
9.62%
Worst 3-yr fall
-7.42%
Cumulative return· Jul 2023 – Apr 2026

May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.

This fund changed legal form during the period shown. The history above is continuous — it spans both eras, and the change is not a gap in reporting.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
ISHARES TRUST16.61%$372.05M
BlackRock Bond Fund, Inc.MPHQX10.83%$242.61M
International Tilts Master for BR_GRW7.05%$157.98M
iShares Trust7.00%$156.66M
BLACKROCK ETF TRUST6.08%$136.21M
iShares Trust6.00%$134.40M
BLACKROCK FUNDS V5.89%$131.93M
ISHARES TRUST5.18%$115.93M
BlackRock FundsBTEKX4.24%$95.01M
ISHARES INC4.02%$89.95M
Showing 10 of 22Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.

Top 10 positions are 72.90% of net assets, top 25 101.96%, across 11 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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