BLACKROCK MUNICIPAL BOND FUND, INC.
BlackRock Impact Municipal Fund
(the Fund)
Supplement dated March 2, 2023 (the Supplement) to the Funds
Summary Prospectuses and Prospectuses, each dated September 28, 2022
The following changes are made to the Funds Summary Prospectuses and Prospectuses, as applicable:
The section of the Summary Prospectuses entitled Key Facts About BlackRock Impact Municipal Fund Portfolio Managers and the section of the Prospectuses entitled Fund Overview Key Facts About BlackRock Impact Municipal Fund Portfolio Managers are deleted in their entirety and replaced with the following:
Portfolio Managers
Name | Portfolio Manager of the Fund Since |
Title | ||
Michael Kalinoski, CFA | 2022 | Director of BlackRock, Inc. | ||
Kristi Manidis | 2022 | Director of BlackRock, Inc. |
The section of the Prospectuses entitled Details About the Fund How the Fund Invests About the Portfolio Management Team of the Fund is deleted in its entirety and replaced with the following:
ABOUT THE PORTFOLIO MANAGEMENT TEAM OF THE FUND |
The Fund is managed by a team of financial professionals. Michael Kalinoski, CFA, and Kristi Manidis are the portfolio managers and are jointly and primarily responsible for the day-to-day management of the Fund. Please see Management of the Fund Portfolio Manager Information for additional information about the portfolio management team. |
The section of the Prospectuses entitled Management of the Fund Portfolio Manager Information is deleted in its entirety and replaced with the following:
Portfolio Manager Information
Information regarding the portfolio managers of the Fund is set forth below. Further information regarding the portfolio managers, including other accounts managed, compensation, ownership of Fund shares, and possible conflicts of interest, is available in the Funds SAI.
The Fund is managed by a team of financial professionals. Michael Kalinoski, CFA, and Kristi Manidis are jointly and primarily responsible for the day-to-day management of the Fund.
Portfolio Manager | Primary Role | Since | Title and Recent Biography | |||
Michael Kalinoski, CFA | Jointly and primarily 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. | 2022 | Director of BlackRock, Inc. since 2006. | |||
Kristi Manidis | Jointly and primarily 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. | 2022 | Director of BlackRock, Inc. since 2016; Vice President of BlackRock, Inc. from 2011 to 2015; Associate of BlackRock, Inc. from 2006 to 2010. |
Shareholders should retain this Supplement for future reference.
PRO-IMPF-0323SUP
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