BlackRock Municipal Bond Fund, Inc.
BlackRock National Municipal Fund
(the Fund)
Class K Shares
Supplement dated December 2, 2016 to
the Prospectus dated October 28, 2016
Effective immediately, Walter OConnor, CFA and Michael Kalinoski, CFA are the portfolio managers of the Fund, and the following changes are made to the Funds Prospectus:
The section of the Prospectus entitled Fund Overview Key Facts About BlackRock National Municipal Fund Portfolio Managers is deleted in its entirety and replaced with the following:
Portfolio Managers
Name | Portfolio Manager of the Fund Since |
Title | ||
Walter OConnor, CFA |
1996 | Managing Director of BlackRock, Inc. | ||
Michael Kalinoski, CFA |
2016 | Director of BlackRock, Inc. |
The section of the Prospectus entitled Details About the Funds How Each Fund Invests National Fund About the Portfolio Management of the Fund is deleted in its entirety and replaced with the following:
ABOUT THE PORTFOLIO MANAGEMENT OF THE FUND
The Fund is managed by a team of financial professionals. Walter OConnor, CFA, and Michael Kalinoski, CFA, are the portfolio managers and are jointly and primarily responsible for the day-to-day management of the Fund. Please see Management of the Funds Portfolio Manager Information for additional information about the portfolio management team.
The section of the Prospectus entitled Management of the Funds Portfolio Manager Information National Fund is deleted in its entirety and replaced with the following:
National Fund
The Fund is managed by a team of financial professionals. Walter OConnor, CFA, and Michael Kalinoski, CFA, are jointly and primarily responsible for the day-to-day management of the Fund.
Portfolio Manager | Primary Role | Since | Title and Recent Biography | |||
Walter OConnor, CFA |
Responsible for the day-to-day management of the Funds portfolio, including setting the Funds overall investment strategy and overseeing the management of the Fund. | 1996 | Managing Director of BlackRock, Inc. since 2006. | |||
Michael Kalinoski, CFA |
Responsible for the day-to-day management of the Funds portfolio, including setting the Funds overall investment strategy and overseeing the management of the Fund. | 2016 | Director of BlackRock, Inc. since 2006. |
Shareholders should retain this Supplement for future reference.
PRO-10051-K-1216SUP