BlackRock Total Return V.I. Fund Q4 2025 Commentary

BlackRock5.13K FollowersFollow5ShareSavePlay(5min)CommentsSummaryBlackRock Total Return V.I. Fund posted a return of 1.09% (Class I shares) for the fourth quarter of 2025.Structured products, agency mortgage-backed securities, and high yield credit contributed to performance, while duration positioning (management of interest rate sensitivity) detracted.The fund increased its overweight duration position, which was concentrated in the front and “belly” of the yield curve.The overweight allocation to agency MBS was increased and the underweight exposure to U.S. investment grade credit was reduced. Andrii Yalanskyi/iStock via Getty Images Commentary as of 12/31/25 The fund posted a return of 1.09% (Class I shares) for the fourth quarter of 2025. Structured products, agency mortgage-backed securities (MBS), and high yield credit contributed to performance, while duration positioning (management of interest This article was written byBlackRock5.13K FollowersFollowBlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable.