0000891092-13-005610.txt : 20130625 0000891092-13-005610.hdr.sgml : 20130625 20130625153506 ACCESSION NUMBER: 0000891092-13-005610 CONFORMED SUBMISSION TYPE: 497K PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20130625 DATE AS OF CHANGE: 20130625 EFFECTIVENESS DATE: 20130625 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BLACKROCK MUNICIPAL BOND FUND, INC. CENTRAL INDEX KEY: 0000225635 IRS NUMBER: 132896246 STATE OF INCORPORATION: NJ FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 497K SEC ACT: 1933 Act SEC FILE NUMBER: 002-57354 FILM NUMBER: 13932002 BUSINESS ADDRESS: STREET 1: 100 BELLEVUE PARKWAY CITY: WILMINGTON STATE: DE ZIP: 19809 BUSINESS PHONE: 800-441-7762 MAIL ADDRESS: STREET 1: 100 BELLEVUE PARKWAY CITY: WILMINGTON STATE: DE ZIP: 19809 FORMER COMPANY: FORMER CONFORMED NAME: MERRILL LYNCH MUNICIPAL BOND FUND INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: ONE LIBERTY MUNICIPAL BOND FUND INC DATE OF NAME CHANGE: 19780622 0000225635 S000002334 BlackRock National Municipal Fund C000100250 BlackRock Shares 497K 1 e53726_497k.htm SUPPLEMENT

BlackRock Bond Fund, Inc.

BlackRock Total Return Fund

 

BlackRock Capital Appreciation Fund, Inc.

 

BlackRock Funds II
BlackRock Core Bond Portfolio
BlackRock GNMA Portfolio

BlackRock High Yield Bond Portfolio
BlackRock Inflation Protected Bond Portfolio
BlackRock Long Duration Bond Portfolio

BlackRock Low Duration Bond Portfolio
BlackRock U.S. Government Bond Portfolio

BlackRock Municipal Bond Fund, Inc.
BlackRock National Municipal Fund
BlackRock Short-Term Municipal Fund

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

Supplement dated June 25, 2013 to the
BlackRock Shares Summary Prospectus of each Fund

Effective immediately, the BlackRock Shares Summary Prospectus of each Fund is amended as set forth below:

The chart in the section of the Summary Prospectus entitled “Purchase and Sale of Fund Shares” is deleted in its entirety and replaced with the following:

  BlackRock Shares
Minimum Initial Investment ·

$5,000,000 for institutions and individuals;

  · There is no minimum initial investment requirement for fee-based programs with an annual fee of at least 0.50% or certain employer-sponsored retirement plans;
  · BlackRock Shares are available to clients of registered investment advisers who have $250,000 invested in the Fund.
Minimum Additional Investment There is no minimum amount for additional investments.

 

Shareholders should retain this supplement for future reference.

 

SPRO-BLK-0613SUP