BlackRock Balanced Capital Fund, Inc.

BlackRock Basic Value Fund, Inc.

BlackRock Bond Fund, Inc.

BlackRock Total Return Fund

BlackRock California Municipal Series Trust

BlackRock California Municipal Bond Fund

BlackRock Capital Appreciation Fund, Inc.

BlackRock Emerging Markets Fund, Inc.

BlackRock Equity Dividend Fund

BlackRock EuroFund

BlackRock Focus Growth Fund, Inc.

BlackRock Funds ^SM

BlackRock All-Cap Energy & Resources Portfolio

BlackRock China Fund

BlackRock Commodity Strategies Fund

BlackRock Disciplined Small Cap Core Fund

BlackRock Emerging Markets Long/Short

Equity Fund

BlackRock Energy & Resources Portfolio

BlackRock Flexible Equity Fund

BlackRock Global Long/Short Credit Fund

BlackRock Global Long/Short Equity Fund

BlackRock Global Opportunities Portfolio

BlackRock Health Sciences Opportunities Portfolio

BlackRock India Fund

BlackRock International Opportunities Portfolio

BlackRock Managed Volatility Portfolio

BlackRock Mid-Cap Growth Equity Portfolio

BlackRock Multi-Asset Real Return Fund

BlackRock Real Estate Securities Fund

BlackRock Science & Technology Opportunities

Portfolio

BlackRock Strategic Risk Allocation Fund

BlackRock U.S. Opportunities Portfolio

BlackRock World Gold Fund

BlackRock Funds II

BlackRock Aggressive Growth Prepared Portfolio

BlackRock Conservative Prepared Portfolio

BlackRock Core Bond Portfolio

BlackRock Floating Rate Income Portfolio

BlackRock Global Dividend Income Portfolio

BlackRock GNMA Portfolio

BlackRock Growth Prepared Portfolio

BlackRock High Yield Bond Portfolio

BlackRock Inflation Protected Bond Portfolio

BlackRock Long Duration Bond Portfolio

BlackRock Low Duration Bond Portfolio

BlackRock Moderate Prepared Portfolio

BlackRock Multi-Asset Income Portfolio

BlackRock Secured Credit Portfolio

BlackRock U.S. Government Bond Portfolio

LifePath^® Active 2015 Portfolio

LifePath^® Active 2020 Portfolio

LifePath^® Active 2025 Portfolio

LifePath^® Active 2030 Portfolio

LifePath^® Active 2035 Portfolio

LifePath^® Active 2040 Portfolio

LifePath^® Active 2045 Portfolio

LifePath^® Active 2050 Portfolio

LifePath^® Active 2055 Portfolio

BlackRock Global Allocation Fund, Inc.

BlackRock Global SmallCap Fund, Inc.

BlackRock Large Cap Series Funds, Inc.

BlackRock Large Cap Core Fund

BlackRock Large Cap Core Plus Fund

BlackRock Large Cap Growth Fund

BlackRock Large Cap Value Fund

BlackRock Latin America Fund, Inc.

BlackRock Long-Horizon Equity Fund

BlackRock Mid Cap Value Opportunities Series, Inc.

BlackRock Mid Cap Value Opportunities Fund

BlackRock Multi-State Municipal Series Trust

BlackRock New Jersey Municipal Bond Fund

BlackRock New York Municipal Bond Fund

BlackRock Pennsylvania Municipal Bond Fund

BlackRock Municipal Bond Fund, Inc.

BlackRock High Yield Municipal Fund

BlackRock National Municipal Fund

BlackRock Short-Term Municipal Fund

BlackRock Municipal Series Trust

BlackRock Intermediate Municipal Fund

BlackRock Natural Resources Trust

BlackRock Series, Inc.

BlackRock International Fund

BlackRock Value Opportunities Fund, Inc.

FDP Series, Inc.

Marsico Growth FDP Fund

MFS Research International FDP Fund

Invesco Value FDP Fund

Franklin Templeton Total Return FDP Fund

Managed Account Series

BlackRock U.S. Mortgage Portfolio

(each, a “Fund” and collectively, the “Funds”)

Supplement dated May 2, 2013 to the
Summary Prospectus of each Fund

Effective immediately, each Fund’s Summary Prospectus is amended as set forth below.

The chart in the section of the Summary Prospectus entitled “Purchase and Sale of Fund Shares” is amended to delete the columns applicable to Investor A, Investor B and Investor C Shares, each as applicable with respect to the Fund, and to replace them with the following:

	Investor A and Investor C Shares	Investor B Shares
Minimum Initial Investment	$1,000 for all accounts except: –  $250 for certain fee-based programs. –  $100 for certain employer-sponsored retirement plans. –  $50, if establishing an Automatic Investment Plan.	Available only through exchanges and dividend reinvestments by current holders and for purchase by certain employer-sponsored retirement plans.
Minimum Additional Investment	$50 for all accounts (with the exception of certain employer-sponsored retirement plans which may have a lower minimum).	N/A

Shareholders should retain this supplement for future reference.

SPRO-GLOBAL-0513SUP