EX-99.77O RULE 10F-3 10 br77o7.txt Rule 10f-3 Transaction Form Acquisition of Securities During Affiliated Underwritings Participating Funds U.S. Registered Funds (Name of Fund, Aladdin Ticker): iShares Core U.S. Aggregate Bond ETF (ISHAGG) BlackRock Core Bond Portfolio (BR-CORE) BlackRock Funds, BlackRock Global Long/Short Credit Fund (BR-GC) Strategic Income Opportunities Fund (BR-SIP) BlackRock Total Return V.I. Portfolio (Ins - Var Ser) (BVA- BF) Metropolitan Series Fund, Inc.- BlackRock Bond Income Portfolio (MET-BI) Master Total Return Portfolio of Master Bond LLC (MF-BOND) JNL/BlackRock Global Long Short Credit Fund (SMF_CC-GC) Advanced Series Trust - AST BlackRock/Loomis Sayles Bond Portfolio (SMF_PRUTR) The Offering Key Characteristics (Complete ALL Fields) Date of Offering Commencement: 01-03-2017 Security Type: BND/CORP Issuer Barclays PLC (2047) Selling Underwriter Barclays Capital Inc. Affiliated Underwriter(s) [x] PNC Capital Markets LLC [ ] Other: List of Underwriter(s) Barclays Capital Inc. ANZ Securities, Inc., BBVA Securities Inc., BMO Capital Markets Corp., BNP Paribas Securities Corp., Capital One Securities, Inc., CastleOak Securities, L.P., CIBC World Markets Corp., Credit Suisse Securities (USA) LLC, ING Financial Markets LLC, Mischler Financial Group, Inc., PNC Capital Markets LLC, Samuel A. Ramirez & Company, Inc., Scotia Capital (USA) Inc., Skandinaviska Enskilda Banken AB (publ), SMBC Nikko Securities America, Inc., Standard Chartered Bank, TD Securities (USA) LLC, The Williams Capital Group, L.P., U.S. Bancorp Investments, Inc., Wells Fargo Securities, LLC Transaction Details Date of Purchase 01-03-2017 Purchase Price/Share (per share / % of par) $99.907 Total Commission, Spread or Profit 0.875% 1. Aggregate Principal Amount Purchased (a+b) $100,000,000 a. US Registered Funds (Appendix attached with individual Fund/Client purchase) $30,792,000 b. Other BlackRock Clients $69,208,000 2. Aggregate Principal Amount of Offering $1,500,000,000 Fund Ratio [Divide Sum of #1 by #2] Must be less than 0.25 0.06667 Legal Requirements Offering Type (check ONE) The securities fall into one of the following transaction types (see Definitions): [x] U.S. Registered Public Offering [Issuer must have 3 years of continuous operations] [ ] Eligible Rule 144A Offering [Issuer must have 3 years of continuous operations] [ ] Eligible Municipal Securities [ ] Eligible Foreign Offering [Issuer must have 3 years of continuous operations] [ ] Government Securities Offering [Issuer must have 3 years of continuous operations] Timing and Price (check ONE or BOTH) [x] The securities were purchased before the end of the first day on which any sales were made, at a price that was not more than the price paid by each other purchaser of securities in that offering or in any concurrent offering of the securities; and [ ] If the securities are offered for subscription upon exercise of rights, the securities were purchased on or before the fourth day before the day on which the rights offering terminated. Firm Commitment Offering (check ONE) [x] YES [ ] NO The securities were offered pursuant to an underwriting or similar agreement under which the underwriters were committed to purchase all of the securities being offered, except those purchased by others pursuant to a rights offering, if the underwriters purchased any of the securities. No Benefit to Affiliated Underwriter (check ONE) [x] YES [ ] NO No affiliated underwriter was a direct or indirect participant in, or benefited directly or indirectly from, the transaction. Completed by: Dipankar Banerjee Date: 01-05-2017 Global Syndicate Team Member Approved by: Steven DeLaura Date: 01-05-2017 Global Syndicate Team Member