BlackRock U.S. Mortgage Portfolio — new fund registration

Managed Account Series II registered fund series on Form N-1A/A, filed 2018-07-19. Featured series: BlackRock U.S. Mortgage Portfolio.

Registration

Registrant / trust: Managed Account Series II
CIK: 0001738079
Form: N-1A/A
Filed: 2018-07-19
State of incorporation: DE
Accession: 0001193125-18-221412
Reported net assets: $453.5M

Series & classes (3)

Series	Class	Ticker	New
BlackRock U.S. Mortgage Portfolio	Investor A Shares	—	—
BlackRock U.S. Mortgage Portfolio	Investor C Shares	—	—
BlackRock U.S. Mortgage Portfolio	Institutional Shares	—	—

Fees (from the effective prospectus)

12b-1 fee: 0.25%
Gross expense ratio: 0.84%
Management fee: 0.40%
Net expense ratio: 0.70%
Other expenses: 0.19%

Investment objective

The investment objective of the BlackRock Securitized Income Fund (formerly, BlackRock U.S. Mortgage Portfolio) (the Fund) is to seek high total return.

Advisers

BlackRock Advisors, LLC (Advisor)