Mutual Fund Summary Prospectus (497k)

BlackRock Bond Fund, Inc. BlackRock Total Return Fund   BlackRock EuroFund   BlackRock Focus Growth Fund, Inc. BlackRock Funds II BlackRock International Bond Portfolio   BlackRock Multi-State Municipal Series Trust BlackRock New Jersey Municipal Bond Fund BlackRock New York Municipal Bond Fund BlackRock Pennsylvania Municipal Bond Fund

BlackRock Municipal Bond Fund, Inc. BlackRock National Municipal Fund BlackRock Short-Term Municipal Fund   BlackRock Municipal Series Trust BlackRock Intermediate Municipal Fund   FDP Series, Inc. Invesco Value FDP Fund Franklin Templeton Total Return FDP Fund Marsico Growth FDP Fund MFS Research International FDP Fund

(each, a “Fund” and collectively, the “Funds”)

Supplement dated March 8, 2013 to the Summary Prospectuses of each Fund

Effective on or about the close of business on June 10, 2013, as specified below, all of the issued and outstanding shares of certain share classes of the Funds (the “Original Shares”) will be converted into other existing share classes of the Funds (the “New Shares”) with the same relative aggregate net asset value as the Original Shares held immediately prior to the conversion. The New Shares currently have lower total expense ratios, and equal or lower distribution fees and shareholder servicing fees payable under the Fund’s 12b-1 plan than the Original Shares. No sales load, fee, or other charge will be imposed on the conversion of these shares and, once converted, the New Shares will not be subject to the contingent deferred sales charge (if any) currently charged on the redemption of the Original Shares. Please refer to your Fund’s Prospectus for more information on the New Shares. The conversion is not expected to be a taxable event for federal income tax purposes and should not result in recognition of gain or loss by converting shareholders.

Fund		Original Shares		New Shares
BlackRock EuroFund		Investor B		Investor A
BlackRock Focus Growth Fund, Inc.		Investor B		Investor A
BlackRock Intermediate Municipal Fund		Investor B		Investor A1
BlackRock International Bond Portfolio		Investor B		Investor A
BlackRock National Municipal Fund		Investor B1		Investor A
BlackRock New Jersey Municipal Bond Fund		Investor B		Investor A
BlackRock New Jersey Municipal Bond Fund		Investor B1		Investor A1
BlackRock New York Municipal Bond Fund		Investor B		Investor A1
BlackRock Pennsylvania Municipal Bond Fund		Investor B		Investor A
BlackRock Pennsylvania Municipal Bond Fund		Investor B1		Investor A1
BlackRock Short-Term Municipal Fund		Investor B		Investor A1
BlackRock Total Return Fund		Investor B2		Investor A
Invesco Value FDP Fund		Investor B		Investor A
Franklin Templeton Total Return FDP Fund		Investor B		Investor A
Marsico Growth FDP Fund		Investor B		Investor A
MFS Research International FDP Fund		Investor B		Investor A

 

 

Shareholders should retain this Supplement for future reference.

 

 

SPRO12-0313SUP