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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 OY4ljO/EovXD0l575FpzLNrKpLZBz3eVtVDfC49m/zu/UXAfBH2/7eou8Ow/jzws
 1TfcxPcSAXm31Y6sWMJkdA==

<SEC-DOCUMENT>9999999995-06-000390.txt : 20060620
<SEC-HEADER>9999999995-06-000390.hdr.sgml : 20060620
<ACCEPTANCE-DATETIME>20060620001523
ACCESSION NUMBER:		9999999995-06-000390
CONFORMED SUBMISSION TYPE:	EFFECT
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20060619
DATE AS OF CHANGE:		20060620
EFFECTIVENESS DATE:		20060619

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK FUNDS
		CENTRAL INDEX KEY:			0000844779
		IRS NUMBER:				510318674
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		EFFECT
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-133764
		FILM NUMBER:		06914251

	BUSINESS ADDRESS:	
		STREET 1:		301 BELLEVUE PKWY
		STREET 2:		2ND FLOOR
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		3027922555

	MAIL ADDRESS:	
		STREET 1:		301 BELLEVUE PARKWAY
		STREET 2:		2ND FLOOR
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	COMPASS CAPITAL FUNDS\
		DATE OF NAME CHANGE:	19961114

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PNC FUND
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	NCP FUNDS
		DATE OF NAME CHANGE:	19890511
<SERIES-AND-CLASSES-CONTRACTS-DATA>
<MERGER-SERIES-AND-CLASSES-CONTRACTS>
<MERGER>
<ACQUIRING-DATA>
CENTRAL INDEX KEY:			0000844779
<SERIES>
<SERIES-ID>S000001515
<SERIES-NAME>BLACKROCK LOW DURATION BOND PORTFOLIO
</SERIES>
</ACQUIRING-DATA>
<TARGET-DATA>
CENTRAL INDEX KEY:			0000874619
<SERIES>
<SERIES-ID>S000002242
<SERIES-NAME>MERRILL LYNCH SHORT TERM US GOVERNMENT FUND
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000005773
<CLASS-CONTRACT-NAME>CLASS A
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000005774
<CLASS-CONTRACT-NAME>CLASS A1
</CLASS-CONTRACT>
<CLASS-CONTRACT>
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<CLASS-CONTRACT-NAME>CLASS B
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000005776
<CLASS-CONTRACT-NAME>CLASS B1
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000005777
<CLASS-CONTRACT-NAME>CLASS C
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000005778
<CLASS-CONTRACT-NAME>CLASS C1
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000005779
<CLASS-CONTRACT-NAME>CLASS I
</CLASS-CONTRACT>
</SERIES>
</TARGET-DATA>
</MERGER>
</MERGER-SERIES-AND-CLASSES-CONTRACTS>
</SERIES-AND-CLASSES-CONTRACTS-DATA>
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<DOCUMENT>
<TYPE>EFFECT
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
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