If you choose to buy Investor A shares, generally a sales charge is paid at the time of purchase. Depending on the amount of the purchase, you may qualify for a reduction in the sales charge. You may also qualify for a complete waiver of the sales charge on Investor A shares or of the contingent deferred sales charge on Investor B or Investor C shares under certain circumstances.

Equity Funds

Investor A shares - Purchased with varying initial sales charges, depending on the fund and investment amount, and provide up-front commissions and ongoing trails that begin immediately.

Financial Advisors can sign in to view the relallowance/placement fees to dealers and trails.

Applicable to

Max. Sales Charge

Breakpoint Schedule

Sales Charge

Equity Funds

5.25%

Less than $25,000

5.25%

$25,000 but less than $50,000

4.75%

$50,000 but less than $100,000

4.00%

$100,000 but less than $250,000

3.00%

$250,000 but less than $500,000

2.50%

$500,000 but less than $750,000

2.00%

$750,000 but less than $1,000,000

1.50%

$1,000,000+

NAV1

The Investor A front-end sales charges can be reduced or eliminated through one or a combination of the following: the Right of Accumulation, a Letter of Intent, the Reinstatement Privilege, quantity discounts or an applicable waiver of the sales charge. If you redeem Investor A or Institutional shares and within 60 days buy new Investor A shares of the same or another fund, you will not pay a sales charge on the new purchase amount. The amount eligible for this "Reinstatement Privilege" may not exceed the amount of your redemption proceeds. See the funds' prospectuses for more information.

1NAV purchases on most equity funds will be subject to a 1.00% charge if liquidated within 18 months of purchase. BlackRock Balanced Capital, BlackRock Basic Value and BlackRock Managed Volatility will be subject to a 0.75% charge if liquidated within 18 months of purchase.


Fixed Income Funds

Investor A Shares–Purchased with varying initial sales charges, depending on the fund and investment amount, and provide up-front commissions and ongoing trails that begin immediately.

Financial Advisors can sign in to view the relallowance/placement fees to dealers and trails.

Applicable to

Sales Charge

Breakpoint Schedule

Sales Charge

BlackRock Taxable Fixed Income Funds
(Please see below for BlackRock Strategic Income Opportunities, BlackRock Floating Rate Income, BlackRock Secured Credit and BlackRock Low Duration)

4.00%

Less than $25,000

4.00%

$25,000 but less than $100,000

3.75%

$100,000 but less than $250,000

3.50%

$250,000 but less than $500,000

2.50%

$500,000 but less than $750,000

2.00%

$750,000 but less than $1,000,000

1.50%

$1,000,000+

NAV3


BlackRock Tax-Free Fixed Income Funds
(Please see below for BlackRock Short-Term Municipal and BlackRock Strategic Municipal Opportunities)

4.25%

Less than $100,000

4.25%

$100,000 but less than $250,000

3.25%

$250,000 but less than $500,000

2.50%

$500,000 but less than $1,000,000

2.25%

$1,000,000+

NAV3


BlackRock Strategic Income Opportunities

4.00%

Less than $25,000

4.00%

$25,000 but less than $100,000

3.75%

$100,000 but less than $250,000

3.50%

$250,000 but less than $500,000

2.50%

$500,000 and over2

0.00%


BlackRock Strategic Municipal Opportunities

4.25%

Less than $100,000

4.25%

$100,000 but less than $250,000

3.25%

$250,000+

NAV3


BlackRock Floating Rate Income and BlackRock Secured Credit

2.50%

Less than $50,000

2.50%

$50,000 but less than $100,000

2.25%

$100,000 but less than $250,000

1.75%

$250,000 but less than $500,000

1.25%

$500,000+

NAV3


BlackRock Low Duration

2.25%

Less than $50,000

2.25%

$50,000 but less than $100,000

2.00%

$100,000 but less than $250,000

1.75%

$250,000 but less than $500,000

1.50%

$500,000+

NAV3


BlackRock Short-Term Municipal

3.00%

Less than $50,000

3.00%

$50,000 but less than $100,000

2.75%

$100,000 but less than $250,000

2.50%

$250,000+

Nav3

The Investor A front-end sales charge can be reduced or eliminated through one or a combination of the following: the Right of Accumulation, a Letter of Intent, the Reinstatement Privilege, quantity discounts or an applicable waiver of the sales charge. If you redeem Investor A or Institutional shares and within 60 days buy new Investor A shares of the same fund, you will not pay a sales charge on the new purchase amount. The amount eligible for this "Reinstatement Privilege" may not exceed the amount of your redemption proceeds. See the funds' prospectuses for more information.

1 The Distributor may pay a dealer reallowance or placement fee to the dealer as shown on purchases of Investor A shares of $1 million or more. However, there is a CDSC of up to 1.00% of the offering price or the NAV of the shares on the redemption date (whichever is less) for shares redeemed within 18 months of purchase. See footnotes 3 and 4 for more details.

2 Listed are the front-end sales loads reallowed to dealers as a percentage of the offering price of certain of the funds' Non-Money Market Investor A shares. In cases where the Distributor acts as a dealer, it will not receive a placement fee on NAV purchases of Investor A shares.

3 NAV purchases at specified breakpoints on BlackRock fixed income funds may be subject to a CDSC if liquidated within 18 months of purchase. Most taxable fixed income funds: 0.75%; BlackRock GNMA, Investment Grade Bond, US Government Bond, World Income and Short-Term Municipal: 0.50%; BlackRock Inflation Protected Bond: 0.15%; Most tax-free fixed income funds and Emerging Markets Flexible Dynamic Bond: 1.00%.


Equity and Fixed Income Funds

Investor B Shares - Generally not available for purchase, except for exchanges and certain other exceptions. Please see funds' prospectuses for further details. Automatic conversion from B shares to A shares after 7 or 10 years for fixed income funds and 8 years for equity funds. CDSC on most funds reduced to 0% after 6 years.

Investor C Shares - Purchased with no initial sales charge to your clients but have higher ongoing fees. These fees are paid over the life of the investment and you receive 1.00% immediately and ongoing trails that begin in the 13th month, subject to certain broker/dealer payout policies. Only purchases under $500,000 per trade are permitted in Investor C shares.

Financial Advisors can sign in to view the relallowance/placement fees to dealers and trails.

Applicable to

Maximum Back-End Sales Charge

CDSC

All Equity and Fixed Income Funds*

1.00%

1 Year: 1.00%

 


Settlement Cycle

Institutional shares of all BlackRock funds have a trade date plus one day settlement cycle. All purchase and redemption activity in all share classes of the funds listed below have a trade date plus one day settlement cycle.

Financial Advisors can sign in to view the relallowance/placement fees to dealers and trails.

BlackRock ACWI ex-US Index Fund

BlackRock LifePath Portfolios

BlackRock Bond Index Fund

BlackRock Russell 1000 Index Fund


BlackRock International Index Fund

BlackRock S&P 500 Stock Fund


BlackRock LifePath Index Funds

BlackRock Small Cap Index Fund


CollegeAdvantage 529 Plan

Class A Units - Purchased with varying initial sales charges, depending on the fund and investment amount, and provide up-front commissions and ongoing trails that begin immediately.

Applicable to

Max. Sales Charge

Breakpoint Schedule

Sales Charge

Equity Funds

5.25%

Less than $25,000

5.25%

$25,000 but less than $50,000

4.75%

$50,000 but less than $100,000

4.00%

$100,000 but less than $250,000

3.00%

$250,000 but less than $500,000

2.50%

$500,000 but less than $750,000

2.00%

$750,000 but less than $1,000,000

1.50%

$1,000,000+

0.001


Fixed Income Funds

4.00%

Less than $25,000

4.00%

$25,000 but less than $100,000

3.75%

$100,000 but less than $250,000

3.50%

$250,000 but less than $500,000

2.50%

$500,000 but less than $750,000

2.00%

$750,000 but less than $1,000,000

1.50%

$1,000,000+

0.001

The initial sales charge can be reduced or eliminated through one or a combination of the following: a Letter of Intent, the Right of Accumulation or the reinstatement privilege.

1 A contingent deferred sales charge of 1.00% is assessed on certain withdrawals of investments in Class A Units made within 18 months after purchase where no initial sales charge was paid at time of purchase as part of an investment of $1,000,000 or more.

Class B - Generally not available for purchase. Maximum CDSC is 5.00% in first year and reduced to 0% after 6 years.

Class C - Purchased with no initial sales charge to your clients but have higher ongoing fees. These fees are paid over the life of the investment and you receive 1.00% immediately and an ongoing trail of 1.00% that begins in the 13th month, subject to certain broker/dealer payout policies. CDSC of 1.00% is applied if withdrawal is made within one year of purchase.


Not all funds mentioned in this pricing guide are available at this time.

Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For this and more information on BlackRock funds, please view a prospectus. The prospectus should be read carefully before investing.

The information on this web site is intended for U.S. residents only. The information provided does not constitute a solicitation of an offer to buy, or an offer to sell securities in any jurisdiction to any person to whom it is not lawful to make such an offer.

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