BlackRock Municipal Bond Fund, Inc.
BlackRock Short-Term Municipal Fund
(the Fund)
Supplement to the Statement of Additional Information dated March 4, 2011
The Funds Statement of Additional Information is amended as set forth below:
The section entitled Purchase of SharesReduced Initial Sales ChargesPurchase Privileges of Certain PersonsQualified Plans in Part II of the Funds current Statement of Additional Information is amended as follows with respect to the Fund:
With respect to the Short-Term Municipal Bond Fund of BlackRock Municipal Bond Fund, Inc. the placement fees may be up to the following amounts:
$250,000 and above | 0.50% |
Shareholders should retain this Supplement for future reference.
Code# SAI-10051-0311-SUP