diff --git a/src/coreclr/jit/morphblock.cpp b/src/coreclr/jit/morphblock.cpp
index a8482726a5da2..3511c878827ef 100644
--- a/src/coreclr/jit/morphblock.cpp
+++ b/src/coreclr/jit/morphblock.cpp
@@ -1259,9 +1259,9 @@ GenTree* MorphCopyBlockHelper::CopyFieldByField()
                     }
                     else
                     {
-                        if (i == 0)
+                        if (i == (fieldCnt - 1))
                         {
-                            // Use the orginal m_dstAddr tree when i == 0
+                            // Reuse the orginal m_dstAddr tree for the last field.
                             dstAddrClone = m_dstAddr;
                         }
                         else
@@ -1381,9 +1381,9 @@ GenTree* MorphCopyBlockHelper::CopyFieldByField()
                     }
                     else
                     {
-                        if (i == 0)
+                        if (i == (fieldCnt - 1))
                         {
-                            // Use the orginal m_srcAddr tree when i == 0
+                            // Reuse the orginal m_srcAddr tree for the last field.
                             srcAddrClone = m_srcAddr;
                         }
                         else
diff --git a/src/tests/JIT/Directed/StructPromote/FldSeqsInPromotedCpBlk.cs b/src/tests/JIT/Directed/StructPromote/FldSeqsInPromotedCpBlk.cs
new file mode 100644
index 0000000000000..65be5229e25eb
--- /dev/null
+++ b/src/tests/JIT/Directed/StructPromote/FldSeqsInPromotedCpBlk.cs
@@ -0,0 +1,54 @@
+// Licensed to the .NET Foundation under one or more agreements.
+// The .NET Foundation licenses this file to you under the MIT license.
+
+using System.Runtime.CompilerServices;
+
+// In this test, we have a block assignment with a source that is a promoted struct and
+// an indirect destination. When morphing it, we would decompose that assignment into a series
+// of field assignments: `IND(ADDR) = FirstLngValue; IND(ADDR_CLONE + 8) = SecondLngValue`.
+// In the process, we would also attach field sequences to the destination addresses so that VN
+// knew to analyze them. That was the part which was susceptible to the bug being tested: morphing
+// reused the address node (the "firstElem" LCL_VAR) for the first field, and at the same time
+// used it to create more copies for subsequent addresses.
+//
+// Thus:
+//   1) A zero-offset field sequence for the first field was attached to ADDR
+//   2) ADDR was cloned, the clone still had the sequence attached
+//   3) ADD(ADDR_CLONE [FldSeq FirstLngValue], 8 [FldSeq SecondLngValue]) was created.
+//
+// And so we ended up with an incorrect FldSeq: [FirstLngValue, SecondLngValue], causing
+// VN to wrongly treat the "firstElem = b" store as not modifiying SecondLngValue.
+//
+// The fix was to reuse the address for the last field instead.
+
+class FldSeqsInPromotedCpBlk
+{
+    public static int Main()
+    {
+        PromotableStruct s = default;
+        return Problem(new PromotableStruct[1]) == 2 ? 100 : 101;
+    }
+
+    [MethodImpl(MethodImplOptions.NoInlining)]
+    private static long Problem(PromotableStruct[] a)
+    {
+        ref var firstElem = ref a[0];
+
+        firstElem.SecondLngValue = 1;
+        var b = new PromotableStruct() { SecondLngValue = 2 };
+
+        if (firstElem.SecondLngValue == 1)
+        {
+            firstElem = b;
+            return firstElem.SecondLngValue;
+        }
+
+        return -1;
+    }
+}
+
+struct PromotableStruct
+{
+    public long FirstLngValue;
+    public long SecondLngValue;
+}
diff --git a/src/tests/JIT/Directed/StructPromote/FldSeqsInPromotedCpBlk.csproj b/src/tests/JIT/Directed/StructPromote/FldSeqsInPromotedCpBlk.csproj
new file mode 100644
index 0000000000000..5d8fe22529764
--- /dev/null
+++ b/src/tests/JIT/Directed/StructPromote/FldSeqsInPromotedCpBlk.csproj
@@ -0,0 +1,13 @@
+<Project Sdk="Microsoft.NET.Sdk">
+  <PropertyGroup>
+    <OutputType>Exe</OutputType>
+    <CLRTestPriority>1</CLRTestPriority>
+  </PropertyGroup>
+  <PropertyGroup>
+    <DebugType>None</DebugType>
+    <Optimize>True</Optimize>
+  </PropertyGroup>
+  <ItemGroup>
+    <Compile Include="$(MSBuildProjectName).cs" />
+  </ItemGroup>
+</Project>