BLACKROCK BALANCED CAPITAL FUND, INC.
(the “Fund”)
Supplement dated October 17, 2011
to the Summary Prospectus dated January 28, 2011
Effective immediately, the following changes are made to the Fund’s Summary Prospectus:
The section in the Summary Prospectus captioned “Portfolio Managers” is deleted in its entirety and replaced with the following in order to add Bob Miller as a portfolio manager of the Total Return Portfolio in which the Fund invests the fixed-income portion of its assets:
Portfolio Managers
The asset allocation of the equity and fixed-income portions of the Fund’s portfolio is managed by Philip Green.
Name |
Portfolio Manager of the Fund Since |
Title |
Philip Green | 2008 | Managing Director of BlackRock, Inc. |
The Total Return Portfolio in which the Fund invests a portion of its assets is managed by a team of investment professionals comprised of Rick Rieder, Matthew Marra, Eric Pellicciaro and Bob Miller. The team works collectively with each member primarily responsible for his area of expertise.
Name |
Portfolio Manager of the Total Return Portfolio Since |
Title |
Rick Rieder | 2010 | Chief Investment Officer of Fixed Income, Fundamental Portfolios of BlackRock, Inc. |
Bob Miller | 2011 | Managing Director of BlackRock, Inc. |
Eric Pellicciaro | 2010 | Managing Director of BlackRock, Inc. |
Matthew Marra | 2006 | Managing Director of BlackRock, Inc. |
The Core Portfolio in which the Fund invests a portion of its assets is managed by a team of investment professionals comprised of Robert Doll, Jr., Daniel Hanson and Peter Stournaras.
Name |
Portfolio Manager of the Core Portfolio Since |
Title |
Robert Doll, Jr., CFA, CPA | 1999 | Senior Managing Director and Chief Equity Strategist of BlackRock, Inc. |
Daniel Hanson, CFA | 2007 | Managing Director of BlackRock, Inc. |
Peter Stournaras, CFA | 2010 | Managing Director of BlackRock, Inc. |
Shareholders should retain this Supplement for future reference.
Code # SPRO-BC-1011SUP