# EDGAR Filing Document

**Accession Number:** 0000225635
**File Stem:** 0001193125-25-151094
**Filing Date:** 2025-6
**Character Count:** 29437
**Document Hash:** 7e2c4198b703fdd3906006bdccec3935
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-151094.hdr.sgml**: 20250627

**ACCESSION NUMBER**: 0001193125-25-151094

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20250627

**DATE AS OF CHANGE**: 20250627

**EFFECTIVENESS DATE**: 20250627

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BLACKROCK GLOBAL ALLOCATION FUND, INC.
- **CENTRAL INDEX KEY:** 0000834237

**ORGANIZATION NAME:**
- **EIN:** 222937779
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 033-22462
- **FILM NUMBER:** 251085484

**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 GLOBAL ALLOCATION FUND INC
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MERRILL LYNCH GLOBAL INCOME FUND INC
- **DATE OF NAME CHANGE:** 19890706
**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BLACKROCK MUNICIPAL BOND FUND, INC.
- **CENTRAL INDEX KEY:** 0000225635

**ORGANIZATION NAME:**
- **EIN:** 132896246
- **STATE OF INCORPORATION:** NJ
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 002-57354
- **FILM NUMBER:** 251085491

**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
**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BLACKROCK NATURAL RESOURCES TRUST
- **CENTRAL INDEX KEY:** 0000766555

**ORGANIZATION NAME:**
- **EIN:** 136857277
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0731

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 002-97095
- **FILM NUMBER:** 251085489

**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 NATURAL RESOURCES TRUST /
- **DATE OF NAME CHANGE:** 20001031

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MERRILL LYNCH GLOBAL RESOURCES TRUST /
- **DATE OF NAME CHANGE:** 19940325

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MERRILL LYNCH NATURAL RESOURCES TRUST
- **DATE OF NAME CHANGE:** 19920703
**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BLACKROCK MULTI STATE MUNICIPAL SERIES TRUST
- **CENTRAL INDEX KEY:** 0000774013

**ORGANIZATION NAME:**
- **EIN:** 226437104
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0731

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 002-99473
- **FILM NUMBER:** 251085492

**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 MULTI STATE MUNICIPAL SERIES TRUST
- **DATE OF NAME CHANGE:** 20051212

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MERRILL LYNCH N Y MUNI BD FD OF M L MULTI ST MUNI SER TRUST
- **DATE OF NAME CHANGE:** 19930225

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MERRILL LYNCH MULTI STATE TAX EXEMPT SERIES TRUST
- **DATE OF NAME CHANGE:** 19871206
**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BLACKROCK INTERNATIONAL SELECT EQUITY FUND
- **CENTRAL INDEX KEY:** 0000790525

**ORGANIZATION NAME:**
- **EIN:** 226410940
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 033-04026
- **FILM NUMBER:** 251085497

**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:** BLACKROCK EUROFUND
- **DATE OF NAME CHANGE:** 20061002

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MERRILL LYNCH EUROFUND
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MERRILL LYNCH EUROPE TRUST
- **DATE OF NAME CHANGE:** 19861203
**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BLACKROCK MUNICIPAL SERIES TRUST
- **CENTRAL INDEX KEY:** 0000799113

**ORGANIZATION NAME:**
- **EIN:** 226419427
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 033-08058
- **FILM NUMBER:** 251085490

**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:** BLACKROCK INTERMEDIATE MUNICIPAL FUND OF BLACKROCK MUNICIPAL SERIES TRUST
- **DATE OF NAME CHANGE:** 20061002

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MERRILL LYNCH MUNICIPAL INTERMEDIATE TERM FUND OF MERRILL LYNCH MUNICIPAL SERIES TRUST
- **DATE OF NAME CHANGE:** 20051216

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MERRILL LYNCH MUN INTERM TERM FD OF ML MUN SER TR
- **DATE OF NAME CHANGE:** 19931123
**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Managed Account Series II
- **CENTRAL INDEX KEY:** 0001738079

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-224372
- **FILM NUMBER:** 251085485

**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
**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BLACKROCK LARGE CAP FOCUS VALUE FUND, INC.
- **CENTRAL INDEX KEY:** 0000216557

**ORGANIZATION NAME:**
- **EIN:** 132895755
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 002-58521
- **FILM NUMBER:** 251085495

**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:** BLACKROCK BASIC VALUE FUND, INC.
- **DATE OF NAME CHANGE:** 20061002

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MERRILL LYNCH BASIC VALUE FUND INC
- **DATE OF NAME CHANGE:** 19920703
**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BLACKROCK MID-CAP VALUE SERIES, INC.
- **CENTRAL INDEX KEY:** 0000918848

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 0430

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 033-53887
- **FILM NUMBER:** 251085493

**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:** BLACKROCK MID CAP DIVIDEND SERIES, INC.
- **DATE OF NAME CHANGE:** 20170612

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BLACKROCK MID CAP VALUE OPPORTUNITIES SERIES INC.
- **DATE OF NAME CHANGE:** 20061002

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ASSET PROGRAM INC
- **DATE OF NAME CHANGE:** 20000203
**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BLACKROCK SERIES, INC.
- **CENTRAL INDEX KEY:** 0001062806

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-56203
- **FILM NUMBER:** 251085488

**BUSINESS ADDRESS:**
- **STREET 1:** 100 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 09809
- **BUSINESS PHONE:** 800-441-7762

**MAIL ADDRESS:**
- **STREET 1:** 100 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 09809

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MERCURY FUNDS INC
- **DATE OF NAME CHANGE:** 20010827

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MERCURY ASSET MANAGEMENT FUNDS INC
- **DATE OF NAME CHANGE:** 19980714

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MERCURY ALPHA FUND INC
- **DATE OF NAME CHANGE:** 19980601
**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BLACKROCK LARGE CAP SERIES FUNDS, INC.
- **CENTRAL INDEX KEY:** 0001097077

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-89389
- **FILM NUMBER:** 251085494

**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 LARGE CAP SERIES FUNDS INC
- **DATE OF NAME CHANGE:** 19991018
**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BLACKROCK LARGE CAP FOCUS GROWTH FUND, INC.
- **CENTRAL INDEX KEY:** 0001097293

**ORGANIZATION NAME:**
- **EIN:** 223711535
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-89775
- **FILM NUMBER:** 251085496

**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:** BLACKROCK FOCUS GROWTH FUND, INC.
- **DATE OF NAME CHANGE:** 20071219

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BLACKROCK FOCUS Growth FUND, INC.
- **DATE OF NAME CHANGE:** 20071219

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BLACKROCK FOCUS TWENTY FUND, INC.
- **DATE OF NAME CHANGE:** 20061002
**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BlackRock Unconstrained Equity Fund
- **CENTRAL INDEX KEY:** 0001324285

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0418

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-124372
- **FILM NUMBER:** 251085486

**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:** BlackRock Long-Horizon Equity Fund
- **DATE OF NAME CHANGE:** 20121015

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BLACKROCK LONG-HORIZON EQUITY FUND
- **DATE OF NAME CHANGE:** 20121015

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BlackRock Global Dynamic Equity Fund
- **DATE OF NAME CHANGE:** 20061002
**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BlackRock Strategic Global Bond Fund, Inc.
- **CENTRAL INDEX KEY:** 0000835620

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 033-42681
- **FILM NUMBER:** 251085487

**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:** BLACKROCK WORLD INCOME FUND, INC.
- **DATE OF NAME CHANGE:** 20061002

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MERRILL LYNCH WORLD INCOME FUND INC
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WORLD INCOME FUND INC
- **DATE OF NAME CHANGE:** 19910916

## Series and Classes Contracts Data

### BLACKROCK LARGE CAP FOCUS VALUE FUND, INC. (Series ID: S000002321)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Investor A | C000006074 |
| Investor C | C000006076 |

---

### BlackRock National Municipal Fund (Series ID: S000002334)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Investor A | C000006118 |
| Investor C | C000038033 |

---

### BlackRock Short Duration Muni Fund (Series ID: S000002335)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Investor C | C000006124 |
| Investor A | C000038034 |

---

### BlackRock Impact Municipal Fund (Series ID: S000075512)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Investor A | C000234660 |

---

### BLACKROCK NATURAL RESOURCES TRUST (Series ID: S000002176)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Investor A | C000005583 |
| Investor C | C000005585 |

---

### BlackRock New Jersey Municipal Bond Fund (Series ID: S000004033)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Investor A | C000038245 |
| Investor C | C000038247 |

---

### BlackRock New York Municipal Opportunities Fund (Series ID: S000004034)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Investor A | C000038358 |
| Investor C | C000038359 |

---

### BlackRock Pennsylvania Municipal Bond Fund (Series ID: S000004035)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Investor A | C000038303 |
| Investor C | C000038305 |

---

### BlackRock International Select Equity Fund (Series ID: S000002177)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Investor A | C000005587 |
| Investor C | C000005589 |

---

### BlackRock Strategic Municipal Opportunities Fund of BlackRock Municipal Series Trust (Series ID: S000004053)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Investor A | C000038983 |
| Investor C | C000038984 |

---

### BLACKROCK GLOBAL ALLOCATION FUND, INC. (Series ID: S000002245)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Investor A | C000005790 |
| Investor C | C000005792 |

---

### BlackRock Strategic Global Bond Fund, Inc. (Series ID: S000002866)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Investor A | C000007879 |
| Investor C | C000038980 |

---

### BlackRock Mid-Cap Value Fund (Series ID: S000002541)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Investor A | C000006998 |
| Investor C | C000007000 |

---

### BlackRock International Fund (Series ID: S000002291)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Investor A | C000005981 |
| Investor C | C000005983 |

---

### BlackRock Advantage Large Cap Core Fund (Series ID: S000001973)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Investor A | C000005171 |
| Investor C | C000005173 |

---

### BlackRock Advantage Large Cap Value Fund (Series ID: S000001975)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Investor A | C000005181 |
| Investor C | C000005183 |

---

### BlackRock Event Driven Equity Fund (Series ID: S000018499)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Investor A | C000051319 |
| Investor C | C000051320 |

---

### BLACKROCK LARGE CAP FOCUS GROWTH FUND, INC. (Series ID: S000002344)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Investor A | C000006151 |
| Investor C | C000006153 |

---

### BlackRock Unconstrained Equity Fund (Series ID: S000002718)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Investor A | C000007412 |
| Investor C | C000007414 |

---

### BlackRock U.S. Mortgage Portfolio (Series ID: S000062368)

---

|  |  |
|:---|:---|
| Class Name        | Class ID   |
| Investor A Shares | C000202318 |
| Investor C Shares | C000202319 |

---

## Series and Classes Contracts Data

### BLACKROCK LARGE CAP FOCUS VALUE FUND, INC. (Series ID: S000002321)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000006074 | Investor A   |  |
| C000006076 | Investor C   |  |

### BlackRock National Municipal Fund (Series ID: S000002334)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000006118 | Investor A   |  |
| C000038033 | Investor C   |  |

### BlackRock Short Duration Muni Fund (Series ID: S000002335)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000006124 | Investor C   |  |
| C000038034 | Investor A   |  |

### BlackRock Impact Municipal Fund (Series ID: S000075512)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000234660 | Investor A   |  |

### BLACKROCK NATURAL RESOURCES TRUST (Series ID: S000002176)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000005583 | Investor A   |  |
| C000005585 | Investor C   |  |

### BlackRock New Jersey Municipal Bond Fund (Series ID: S000004033)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000038245 | Investor A   |  |
| C000038247 | Investor C   |  |

### BlackRock New York Municipal Opportunities Fund (Series ID: S000004034)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000038358 | Investor A   |  |
| C000038359 | Investor C   |  |

### BlackRock Pennsylvania Municipal Bond Fund (Series ID: S000004035)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000038303 | Investor A   |  |
| C000038305 | Investor C   |  |

### BlackRock International Select Equity Fund (Series ID: S000002177)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000005587 | Investor A   |  |
| C000005589 | Investor C   |  |

### BlackRock Strategic Municipal Opportunities Fund of BlackRock Municipal Series Trust (Series ID: S000004053)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000038983 | Investor A   |  |
| C000038984 | Investor C   |  |

### BLACKROCK GLOBAL ALLOCATION FUND, INC. (Series ID: S000002245)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000005790 | Investor A   |  |
| C000005792 | Investor C   |  |

### BlackRock Strategic Global Bond Fund, Inc. (Series ID: S000002866)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000007879 | Investor A   |  |
| C000038980 | Investor C   |  |

### BlackRock Mid-Cap Value Fund (Series ID: S000002541)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000006998 | Investor A   |  |
| C000007000 | Investor C   |  |

### BlackRock International Fund (Series ID: S000002291)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000005981 | Investor A   |  |
| C000005983 | Investor C   |  |

### BlackRock Advantage Large Cap Core Fund (Series ID: S000001973)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000005171 | Investor A   |  |
| C000005173 | Investor C   |  |

### BlackRock Advantage Large Cap Value Fund (Series ID: S000001975)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000005181 | Investor A   |  |
| C000005183 | Investor C   |  |

### BlackRock Event Driven Equity Fund (Series ID: S000018499)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000051319 | Investor A   |  |
| C000051320 | Investor C   |  |

### BLACKROCK LARGE CAP FOCUS GROWTH FUND, INC. (Series ID: S000002344)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000006151 | Investor A   |  |
| C000006153 | Investor C   |  |

### BlackRock Unconstrained Equity Fund (Series ID: S000002718)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000007412 | Investor A   |  |
| C000007414 | Investor C   |  |

### BlackRock U.S. Mortgage Portfolio (Series ID: S000062368)

| Class ID   | Class Name        | Ticker Symbol   |
|:---|:---|:---|
| C000202318 | Investor A Shares |  |
| C000202319 | Investor C Shares |  |

**BlackRock Advantage Global Fund, Inc.** 

**BlackRock Advantage SMID Cap Fund, Inc.** 

**BlackRock Balanced Fund, Inc.** 

**BlackRock Bond Fund, Inc.** 

BlackRock Sustainable Total Return Fund

BlackRock Total Return Fund

**BlackRock California Municipal Series Trust** 

BlackRock California Municipal Opportunities Fund

**BlackRock Capital Appreciation Fund, Inc.** 

**BlackRock Emerging Markets Fund, Inc.** 

**BlackRock Equity Dividend Fund** 

**BlackRock Financial Institutions Series Trust** 

BlackRock Summit Cash Reserves Fund

**BlackRock Funds<sup>SM</sup>** 

BlackRock Advantage Emerging Markets Fund

BlackRock Advantage International Fund

BlackRock Advantage Large Cap Growth Fund

BlackRock Advantage Small Cap Core Fund

BlackRock Advantage Small Cap Growth Fund

BlackRock Commodity Strategies Fund

BlackRock Defensive Advantage Emerging Markets Fund

BlackRock Emerging Markets ex-China Fund

BlackRock Energy Opportunities Fund

BlackRock Global Equity Market Neutral Fund

BlackRock Health Sciences Opportunities Portfolio

BlackRock High Equity Income Fund

BlackRock Mid-Cap Growth Equity Portfolio

BlackRock Real Estate Securities Fund

BlackRock Short Obligations Fund

BlackRock Sustainable Advantage Emerging Markets Equity Fund

BlackRock Sustainable Advantage International Equity Fund

BlackRock Sustainable Advantage Large Cap Core Fund

BlackRock Sustainable Aware Advantage Global Equity Fund

BlackRock Tactical Opportunities Fund

BlackRock Technology Opportunities Fund

BlackRock U.S. Insights Long/Short Equity Fund

BlackRock Wealth Liquid Environmentally Aware Fund

**BlackRock Funds II** 

BlackRock 20/80 Target Allocation Fund

BlackRock 40/60 Target Allocation Fund

BlackRock 60/40 Target Allocation Fund

BlackRock 80/20 Target Allocation Fund

BlackRock Dynamic High Income Portfolio

BlackRock Global Dividend Portfolio

BlackRock Managed Income Fund

BlackRock Multi-Asset Income Portfolio

BlackRock Retirement Income 2030 Fund

BlackRock Retirement Income 2040 Fund

**BlackRock Funds III** 

BlackRock LifePath<sup>®</sup> Dynamic Retirement Fund

BlackRock LifePath<sup>®</sup> Dynamic 2030 Fund

BlackRock LifePath<sup>®</sup> Dynamic 2035 Fund

BlackRock LifePath<sup>®</sup> Dynamic 2040 Fund

BlackRock LifePath<sup>®</sup> Dynamic 2045 Fund

BlackRock LifePath<sup>®</sup> Dynamic 2050 Fund

BlackRock LifePath<sup>®</sup> Dynamic 2055 Fund

BlackRock LifePath<sup>®</sup> Dynamic 2060 Fund

BlackRock LifePath<sup>®</sup> Dynamic 2065 Fund

BlackRock LifePath<sup>®</sup> Dynamic 2070 Fund

**BlackRock Funds IV** 

BlackRock Credit Relative Value Fund

BlackRock Systematic Multi-Strategy Fund

**BlackRock Funds V** 

BlackRock Core Bond Portfolio

BlackRock Floating Rate Income Portfolio

BlackRock High Yield Portfolio

BlackRock Impact Mortgage Fund

BlackRock Income Fund

BlackRock Inflation Protected Bond Portfolio

BlackRock Low Duration Bond Portfolio

BlackRock Mortgage-Backed Securities Fund

BlackRock Strategic Income Opportunities Portfolio

BlackRock Sustainable High Yield Bond Fund

**BlackRock Funds VI** 

BlackRock Advantage CoreAlpha Bond Fund

**BlackRock Funds VII, Inc.** 

BlackRock Sustainable Emerging Markets Equity Fund

**BlackRock Global Allocation Fund, Inc.** 

**BlackRock International Select Equity Fund** 

**BlackRock Large Cap Focus Growth Fund, Inc.** 

------

**BlackRock Large Cap Focus Value Fund, Inc.** 

**BlackRock Large Cap Series Funds, Inc.** 

BlackRock Advantage Large Cap Core Fund

BlackRock Advantage Large Cap Value Fund

BlackRock Event Driven Equity Fund

**BlackRock Mid-Cap Value Series, Inc.** 

BlackRock Mid-Cap Value Fund

**BlackRock Multi-State Municipal Series Trust** 

BlackRock New Jersey Municipal Bond Fund

BlackRock New York Municipal Opportunities Fund

BlackRock Pennsylvania Municipal Bond Fund

**BlackRock Municipal Bond Fund, Inc.** 

BlackRock Impact Municipal Fund

BlackRock National Municipal Fund

BlackRock Short Duration Muni Fund

**BlackRock Municipal Series Trust** 

BlackRock Strategic Municipal Opportunities Fund

**BlackRock Natural Resources Trust** 

**BlackRock Series, Inc.** 

BlackRock International Fund

**BlackRock Strategic Global Bond Fund, Inc.** 

**BlackRock Unconstrained Equity Fund** 

**Managed Account Series II** 

BlackRock U.S. Mortgage Portfolio

**(each, a "Fund" and collectively, the "Funds")** 

**Supplement dated June 27, 2025 to the Investor A and/or Investor C Shares Prospectus of each Fund (each, a "Prospectus")** 

**The section of each Prospectus entitled "Intermediary-Defined Sales Charge Waiver Policies" is amended to add the following:** 

**Wells Fargo Advisors Financial Network, LLC (collectively, "Wells Fargo Advisors")** 

**Wells Fargo Clearing Services, LLC operates a First Clearing business, but these rules are not intended to include First Clearing firms.** 

Effective October 1, 2025, clients of Wells Fargo Advisors purchasing Fund shares through Wells Fargo Advisors are eligible for the following sales charge discounts (also referred to as "breakpoints") and waivers, which can differ from discounts and waivers described elsewhere in the prospectus or SAI. In all instances, it is the investor's responsibility to inform Wells Fargo Advisors at the time of purchase of any relationship, holdings, or other facts qualifying the investor for discounts or waivers. Wells Fargo Advisors can ask for documentation supporting the qualification.

**Wells Fargo Advisors Investor A Share front-end sales charge waivers information.** 

Wells Fargo Advisors clients purchasing or converting to Investor A Shares of the Fund in a Wells Fargo Advisors brokerage account are entitled to a waiver of the front-end load in the following circumstances:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Wells Fargo Advisors employee and employee-related accounts according to Wells Fargo Advisor's employee
account linking rules. Legacy accounts and positions receiving affiliate discounts prior to October 1, 2025 will continue to receive discounts. Going forward employees of affiliate businesses will not be offered NAV.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Shares purchased through reinvestment of dividends and capital gains distributions when purchasing shares of the
same fund.

------

WellsTrade, the firm's online self-directed brokerage account, generally offers no-load share classes but there could be instances where an Investor A Share is offered without a front-end sales charge.

Unless specifically described above, other front-end load waivers are not available on mutual fund purchases through Wells Fargo Advisors.

**Wells Fargo Advisors Contingent Deferred Sales Charge information.** 

CDSC imposed on Fund redemptions will not be rebated based on future purchases.

**Wells Fargo Advisors Investor A Share front-end load discounts** 

Wells Fargo Advisors clients purchasing Investor A Shares of the Fund through Wells Fargo Advisors brokerage accounts will follow the following aggregation rules for breakpoint discounts:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Effective October 1, 2025, SEP or SIMPLE IRAs will not be aggregated as a group plan. They will aggregate
with the client's personal accounts based on Social Security Number. Previously established SEP and SIMPLE IRAs may still be aggregated as a group plan.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Effective October 1, 2025, employer-sponsored retirement plan (e.g., 401(k) plans, 457 plans,
employer-sponsored 403(b) plans, profit sharing and money purchase pension plans and defined benefit plans) accounts will aggregate with other plan accounts under the same Tax ID and will not be aggregated with other retirement plan accounts under a
different Tax ID or personal accounts. For purposes of this provision, employer-sponsored retirement plans do not include SEP IRAs, SIMPLE IRAs, SAR-SEPs or Keogh plans.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Gift of shares will not be considered when determining breakpoint discounts

**Shareholders should retain this Supplement for future reference.** 

PRO-INVAC-0625SUP