SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
_______________
SCHEDULE 13G
INFORMATION STATEMENT PURSUANT TO RULES 13D-1 AND 13D-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
BlackRock Fund Investors II
(NAME OF ISSUER)
Shares of beneficial interest (par value $.01 per share)
(TITLE OF CLASS OF SECURITIES)
091913400
(CUSIP NUMBER)
_______________
Check the following box if a fee is being paid with this
statement (X). (A fee is not required only if the filing person:
(1) has a previous statement on file reporting beneficial
ownership of more than five percent of the class of securities
described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of
such class.) (See Rule 13d-7.)
CUSIP No. 091913400
13G
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
The State of Wisconsin Investment Board
I.R.S. Identification No. 39-6006423
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ( )
(b) ( )
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Wisconsin
5 SOLE VOTING POWER
12,223.54
NUMBER OF
SHARES 6 SHARED VOTING POWER
BENEFICIALLY 0
OWNED BY
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 12,223.54
PERSON
WITH 8 SHARED DISPOSITIVE POWER
0
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
12,223.54
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN ( )
SHARES*
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
44.43%
12 TYPE OF REPORTING PERSON*
EP
Item 1(a) Name of Issuer:
BLACKROCK FUND INVESTORS II
Item 1(b) Address of Issuer's Principal Executive Offices:
345 PARK AVENUE, 30TH FLOOR
NEW YORK, NEW YORK 10154
Item 2(a) Name of Person Filing:
THE STATE OF WISCONSIN INVESTMENT BOARD
Item 2(b) Address of Principal Business Office or, if
none, Residence:
THE STATE OF WISCONSIN INVESTMENT BOARD
121 EAST WILSON STREET
MADISON, WISCONSIN 53707
Item 2(c) Citizenship:
STATE OF WISCONSIN
Item 2(d) Title of Class of Securities:
SHARES OF BENEFICIAL INTEREST (PAR VALUE $.01 PER SHARE)
Item 2(e) CUSIP Number:
091913400
Item 3. If this statement is filed pursuant to Rules
13d-1(b) or 13d-2(b), check whether the person
filing is a:
(a) [ ] Broker or Dealer registered under
Section 15 of the Act
(b) [ ] Bank as defined in section 3(a)(6) of
the Act
(c) [ ] Insurance Company as defined in
section 3(a)(19) of the Act
(d) [ ] Investment Company registered under
section 8 of the Investment Company
Act
(e) [ ] Investment Adviser registered under
section 203 of the Investment
Advisers Act of 1940
(f) [X] Employee Benefit Plan, Pension Fund
which is subject to the provisions of
the Employee Retirement Income
Security Act of 1974 or Endowment
Fund; see S240.13d-1(b)(1)(ii)(F)
(g) [ ] Parent Holding Company, in accordance
with S240.13d-1(b)(ii)(G) (Note:
See Item 7)
(h) [ ] Group, in accordance with S240.13d-
1(b)(1)(ii)(H)
Item 4. Ownership.
(a) Amount Beneficially Owned:
12,223.54 SHARES OF BENEFICIAL INTEREST
(b) Percent of Class:
44.43%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote
12,223.54
(ii) shared power to vote or to direct the vote
0
(iii)sole power to dispose or to direct the disposition of
12,223.54
(iv) shared power to dispose or to direct the disposed of
0
Item 5. Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the
fact that as of the date hereof the reporting
person has ceased to be the beneficial owner of
more than five percent of the class of
securities, check the following [ ].
Item 6. Ownership of More than Five Percent on Behalf
of Another Person.
NOT APPLICABLE
Item 7. Identification and Classification of the
Subsidiary Which Acquired the Security Being
Reported on By the Parent Holding Company.
NOT APPLICABLE
Item 8. Identification and Classification of Members of the Group.
NOT APPLICABLE
Item 9. Notice of Dissolution of Group.
NOT APPLICABLE
Item 10. Certification
By signing below, I certify that, to the best
of my knowledge and belief, the securities referred to
above were acquired in the ordinary course of business
and were not acquired for the purpose of and do not have
the effect of changing or influencing the control of the
issuer of such securities and were not acquired in
connection with or as a participant in any transaction
having such purposes or effect. This form is filed
voluntarily and no inference that it is required should
be drawn.
After reasonable inquiry and to the best of my
knowledge and belief, I certify that the information set
forth in this statement is true, complete and correct.
THE STATE OF WISCONSIN INVESTMENT BOARD
By:
Name:Robert H. Severance
Title:Vice President
Dated: FEBRUARY 27, 1996
