INDe X 2030 Important Tax Information For Open End Funds

User Manual: INDeX 2030

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2015
Important Tax
Information
for Open-End Funds
This Booklet is a summary of useful tax information for certain Open-End mutual
funds. It will assist you, as an investor, in the preparation of your 2015 Federal
and state income tax returns.
We recommend that you consult your tax advisor for assistance with how this
information will impact your specific tax situation.
www.blackrock.com
BLK2015
Merrill Corp - BlackRock 2015 Tax Guide Information Statements [Funds] 12-31-2015 ED | thunt | 01-Feb-16 13:51 | 16-2918-1.aa | Sequence: 1
CHKSUM Content: 23954 Layout: 32178 Graphics: 48066 CLEAN
JOB: 16-2918-1 CYCLE#;BL#: 4; 0 TRIM: 8.25" x 10.75" COMPOSITE
COLORS: Black GRAPHICS: blackrock09_k_logo.eps V1.5
Percentage of Exempt Interest
Income Derived by State
State/Jurisdiction
Alabama 1.14 1.56 1.36 0.39 0.94 0.67 1.07
Alaska 1.00 0.72 0.50 0.24 0.18 0.67 0.38
Arizona 1.40 1.28 1.80 1.08 4.33 0.52 0.47
Arkansas 0.56 0.16 0.14 0.47 0.43 0.14
California 14.81 7.83 16.49 3.03 18.01 9.01 0.73
Colorado 3.47 3.69 1.25 0.17 0.72 0.08
Connecticut 0.71 0.99 1.20 0.52 0.28 2.62 0.53
Delaware 0.23 0.63 0.50 0.86 2.60 —
Dist of Columbia 0.68 1.48 1.75 0.74 1.34 0.79 0.20
Florida 5.32 8.86 6.89 1.18 7.94 7.40 2.99
Georgia 0.91 0.61 1.26 2.10 2.34 2.13 0.10
Guam — 1.41 0.48 — —
Hawaii 0.13 0.01 — — 0.03
Idaho 0.70 0.06 0.26
Illinois 4.78 6.83 3.57 1.98 7.97 4.03 3.20
Indiana 0.88 1.70 0.88 1.50 4.65 1.41 3.76
Iowa 1.69 3.67 1.41 6.67 1.96 0.42 6.29
Kansas 0.20 0.30 0.42 0.39
Kentucky 0.31 0.57 0.28 0.40 3.03 0.05
Louisiana 0.34 1.43 1.15 0.57 1.95 0.68 1.90
Maine — 0.25 0.19 0.47 — —
Maryland 1.31 1.34 1.87 1.62 0.47 2.01 1.69
Massachusetts 1.84 2.23 3.12 3.12 2.61 3.47 2.49
Michigan 2.43 1.99 1.21 1.39 1.65 1.74 2.95
Minnesota 0.67 0.64 1.07 0.27 0.59 0.04 0.08
Mississippi 0.06 0.61 0.04 0.25
Missouri 0.43 0.86 1.61 0.03 0.49 0.34
Montana — — — —
Nebraska 0.49 0.13 0.02 0.19 0.13 0.32
Nevada 0.19 1.12 1.26 2.61 6.19 1.79
New Hampshire 0.09 0.12 0.86 0.34 0.44 0.96
New Jersey 7.49 5.81 7.19 20.19 4.93 8.90 14.40
New Mexico 0.59 0.39 0.04 0.23 0.01 0.41 0.15
New York 18.17 15.51 14.76 8.59 8.06 15.18 22.00
North Carolina 1.22 1.13 2.25 1.95 0.30 1.87 2.14
North Dakota 0.18 0.22 0.14 0.08
Ohio 2.63 2.60 2.68 8.24 1.99 2.11 0.33
Oklahoma 0.58 0.27 1.00 0.16 — 0.86 0.35
Oregon 0.47 0.41 0.57 0.28 0.02 1.52 0.10
Pennsylvania 7.05 5.51 3.99 11.62 2.39 2.63 3.16
Puerto Rico 1.09 0.90 0.87
Rhode Island 1.19 1.41 0.30 1.26 — 0.62 1.79
South Carolina 1.61 0.36 1.35 1.08 0.50 1.56
South Dakota 0.11
Tennessee 0.37 0.50 2.64 0.02 0.77 0.72
Texas 5.01 7.46 6.77 4.50 12.75 5.26 13.19
Utah 1.12 0.71 0.63 1.92 1.66 1.68
Vermont 0.34 0.09 0.12
Virgin Islands — 0.12 —
Virginia 1.52 3.39 2.11 2.59 1.35 2.03 1.44
Washington 1.89 1.01 1.45 0.14 2.30 4.13 2.26
West Virginia — 1.58 1.05 0.37 1.97 0.38
Wisconsin 1.25 0.39 5.39 0.63
Wyoming — — — 0.37
Totals 100.00 100.00 100.00 100.00 100.00 100.00 100.00
AMT Percentage 9.63% 9.96% 11.35% 17.92% 6.41% 7.18% 16.37%
BlackRock Strategic Municipal
Opportunities Fund
BlackRock High Yield
Municipal Fund
BlackRock National
Municipal Fund
BlackRock Municipal
Money Market Portfolio
BIF Tax-Exempt
Fund & BBIF Tax
Exempt Fund
Multi-State Municipal Funds
The information below summarizes the percentage of exempt interest income received by various BlackRock Open-End Funds on a state-by-state
basis. These percentages may be useful in completing your state tax return. In addition, the percentage of income that represents a tax preference
item (relating to tax-exempt interest income from certain private activity bonds) for Federal Alternative Minimum Tax purposes is included for each
Fund. Your portion of the exempt interest income has been included on your Form 1099-DIV. Shareholders are urged to consult with their tax advisor
concerning the application of this information.
BlackRock Allocation
Target Shares-E Portfolio
BlackRock Short-Term
Municipal Fund
Merrill Corp - BlackRock 2015 Tax Guide Information Statements [Funds] 12-31-2015 ED | thunt | 01-Feb-16 13:51 | 16-2918-1.aa | Sequence: 2
CHKSUM Content: 53558 Layout: 57679 Graphics: No Graphics CLEAN
JOB: 16-2918-1 CYCLE#;BL#: 4; 0 TRIM: 8.25" x 10.75" COMPOSITE
COLORS: Black GRAPHICS: none V1.5
Percentage of
Ordinary Income
Derived from
Federal
Obligations
(1)
Fund Name
BlackRock 20/80 Target Allocation Fund (2) 5.37
BlackRock 40/60 Target Allocation Fund (3) 3.92
BlackRock 60/40 Target Allocation Fund (4) 2.11
BlackRock 80/20 Target Allocation Fund (5) 0.82
BlackRock Allocation Target Shares Series C Portfolio 2.21
BlackRock Allocation Target Shares Series M Portfolio 0.02
BlackRock Allocation Target Shares Series S Portfolio 1.51
BlackRock Balanced Capital Fund 7.30
BlackRock CoreAlpha Bond Fund 4.97
BlackRock Core Bond Portfolio 14.78
BlackRock CoRI 2015 Fund 43.01
BlackRock CoRI 2017 Fund 44.85
BlackRock CoRI 2019 Fund 39.34
BlackRock CoRI 2021 Fund 40.50
BlackRock CoRI 2023 Fund 46.45
BlackRock Emerging Markets Flexible Dynamic Bond Portfolio 0.08
BlackRock Global Allocation Fund 3.01
BlackRock Global Long/Short Credit Fund 2.80
BlackRock GNMA Portfolio 0.61
BlackRock Inflation Protected Portfolio (6) 48.44
BlackRock Investment Grade Bond Portfolio 15.88
BlackRock LifePath®Active Retirement Fund (7) 6.48
BlackRock LifePath®Active 2020 Fund (7) 6.00
BlackRock LifePath®Active 2025 Fund (7) 3.07
BlackRock LifePath®Active 2030 Fund (7) 2.81
BlackRock LifePath®Active 2035 Fund (7) 1.78
BlackRock LifePath®Active 2040 Fund (7) 0.91
BlackRock LifePath®Active 2045 Fund (7) 0.35
BlackRock LifePath®Active 2050 Fund (7) 0.25
BlackRock LifePath®Active 2055 Fund (7) 0.01
BlackRock LifePath®Retirement Fund (8) 1.76
BlackRock LifePath®2020 Fund (8) 1.25
BlackRock LifePath®2025 Fund (8) 2.07
BlackRock LifePath®2035 Fund (8) 1.11
BlackRock LifePath®Index Retirement Fund (9) 13.74
BlackRock LifePath®Index 2020 Fund (9) 11.38
BlackRock LifePath®Index 2025 Fund (9) 9.54
BlackRock LifePath®Index 2030 Fund (9) 6.44
BlackRock LifePath®Index 2035 Fund (9) 4.16
BlackRock LifePath®Index 2040 Fund (9) 1.73
BlackRock Low Duration Bond Portfolio 4.39
BlackRock Managed Volatility Portfolio 0.77
BlackRock Macro Themes Fund 1.42
BlackRock Money Market Portfolio 1.15
BlackRock Multi-Asset Real Return Fund 17.56
BlackRock Multi-Manager Alternative Strategies Fund 0.19
BlackRock Short Obligations Fund 0.34
BlackRock Short-Term Treasury Fund (10) 100
BlackRock Strategic Income Opportunities Portfolio 5.03
BlackRock Strategic Risk Allocation 4.52
BlackRock Summit Cash Reserves Fund 0.06
BlackRock Total Return Fund 10.42
BlackRock Ultra Short Obligations Fund (11) 0.86
BlackRock U.S. Government Bond Portfolio 29.82
BlackRock U.S. Mortgage Portfolio of Managed Account Series 0.79
BlackRock U.S. Total Bond Index Fund (12) 27.35
BlackRock U.S. Treasury Money Market Portfolio 0.55
BBIF Government Securities Fund 0.89
BBIF Money Fund 0.05
BBIF Treasury Fund (6) 0.80
BIF Government Securities Fund 0.40
BIF Money Fund 0.05
BIF Treasury Fund (6) 0.63
Franklin Templeton Total Return FDP Fund 1.55
Ready Assets Government Liquidity Fund (13) 0.06
Ready Assets U.S. Treasury Money Fund (6) 0.43
Ready Assets U.S.A. Government Fund 0.35
Retirement Reserves Portfolio 0.06
(1) Includes U.S. Treasury Bills, U.S. Treasury Notes, U.S. Treasury Bonds, obligations issued by the Federal Home Loan Bank and Federal Credit Banks and the Tennessee
Valley Authority.
(2) Effective June3, 2015 this fund changed its name from BlackRock Conservative Prepared Portfolio
(3) Effective June3, 2015 this fund changed its name from BlackRock Moderate Prepared Portfolio
(4) Effective June3, 2015 this fund changed its name from BlackRock Growth Prepared Portfolio
(5) Effective June3, 2015 this fund changed its name from BlackRock Aggressive Growth Prepared Portfolio
(6) At least 50% of the assets of the fund were invested in Federal Obligations at the end of each quarter of the fiscal year.
(7) Effective March31, 2015, LifePath Active Portfolios changed their names to LifePath Active Funds
(8) Effective March31, 2015, LifePath Portfolios changed their names to LifePath Funds
(9) Effective March31, 2015, LifePath Index Portfolios changed their names to LifePath Index Funds
(10) Fund liquidated on June29, 2015
(11) Fund liquidated on November25, 2015
(12) Effective June30, 2015 this fund changed its name from BlackRock Bond Index Fund
(13) Effective January4, 2016 this fund changed its name from Ready Assets Prime Money Fund
Tax
Fund
Federal Obligations Table
Certain BlackRock Open-End Funds invest in obligations of the United States and obligations guaranteed by the United States or an agency or
instrumentality of the United States (“Federal Obligations”). The information below summarizes the percentage of income received by various
BlackRock Funds from Federal Obligations. State law varies as to what percentage of dividend income attributable to Federal Obligations is exempt
from State income tax. We recommend that you consult your tax advisor to determine if any portion of the dividends you received is exempt from State
income tax.
Merrill Corp - BlackRock 2015 Tax Guide Information Statements [Funds] 12-31-2015 ED | thunt | 01-Feb-16 13:51 | 16-2918-1.aa | Sequence: 3
CHKSUM Content: 33114 Layout: 61448 Graphics: No Graphics CLEAN
JOB: 16-2918-1 CYCLE#;BL#: 4; 0 TRIM: 8.25" x 10.75" COMPOSITE
COLORS: Black GRAPHICS: none V1.5
Percentage of Income
from Foreign Source
Qualified Dividends
(1)(2)
Percentage of Income
from Other Foreign
Sources
(1)
Percentage of
Income from
Obligations of
Other States
(1)
Foreign Source Income
The information below summarizes the percentage of income that was derived from foreign sources with regard to certain BlackRock Open-End Funds.
The foreign source income may have taxes associated with it that were paid by each Fund to various foreign jurisdictions. The Funds listed below have
qualified to “pass-through” the foreign taxes and foreign source income to their shareholders. Accordingly, you may either deduct your portion of the taxes
in computing your taxable income or take a credit for such taxes against your tax liability. These deductions or credits may be subject to limitations under
the tax law. Your portion of the foreign taxes have been included on your Form 1099-DIV. The information below is provided to assist you in computing your
foreign tax credit. Please consult your tax advisor regarding the appropriate treatment of foreign source income and foreign taxes.
Percentage of Income from
Foreign Sources
(1)
Specified
State
Percentage of
Income from
Obligations of
Specified State
Percentage of
Income from
U.S. Territories
and Possessions
Percentage of
Income Subject
to Alternative
Minimum Tax
(AMT)
Fund Name
BlackRock 20/80 Target Allocation Fund(3) 1.67 — 1.67
BlackRock 40/60 Target Allocation Fund(4) 2.26 — 2.26
BlackRock 60/40 Target Allocation Fund(5) 2.11 — 2.11
BlackRock 80/20 Target Allocation Fund(6) 3.62 — 3.62
BlackRock Total International ex U.S. Index Fund(7) 67.36 — 67.36
BlackRock Disciplined International Fund 88.63 — 88.63
BlackRock Emerging Markets Fund 100 — 100
BlackRock Emerging Markets Dividend Fund 100 — 100
BlackRock EuroFund 100 — 100
BlackRock Global Dividend Portfolio 59.09 — 59.09
BlackRock International Fund 100 — 100
BlackRock International Index Fund 100 — 100
BlackRock International Opportunities Portfolio 100 — 100
BlackRock Latin America Fund 100 — 100
BlackRock LifePath®Active Retirement Fund (8) 3.57 — 3.57
BlackRock LifePath®Active 2020 Fund (8) 4.56 0.45 5.01
BlackRock LifePath®Active 2025 Fund (8) 4.76 0.62 5.38
BlackRock LifePath®Active 2030 Fund (8) 6.76 0.98 7.74
BlackRock LifePath®Active 2035 Fund (8) 7.06 1.11 8.17
BlackRock LifePath®Active 2040 Fund (8) 12.86 2.43 15.29
BlackRock LifePath®Active 2045 Fund (8) 8.96 1.74 10.70
BlackRock LifePath®Active 2050 Fund (8) 9.43 2.06 11.49
BlackRock LifePath®Active 2055 Fund (8) 9.81 2.24 12.05
BlackRock MSCI Asia ex Japan Index Fund 33.52 66.48 100
BlackRock Pacific Fund 70.44 — 70.44
MFS Research International FDP Fund 100 — 100
(1) To determine your portion of foreign source qualified dividends, other foreign source income and total foreign source income, multiply the dollar amount of your ordinary
dividend by the percentage indicated.
(2) Represents the portion of your qualified dividends that was derived from foreign sources. As a result of the lower tax rates on qualified dividends, these amounts may be
subject to certain adjustments before they are taken into account for purposes of computing your foreign tax credit. Please refer to the instructions for Form 1116 or consult
your tax advisor for additional information.
(3) Effective June3, 2015 this fund changed its name from BlackRock Conservative Prepared Portfolio
(4) Effective June3, 2015 this fund changed its name from BlackRock Moderate Prepared Portfolio
(5) Effective June3, 2015 this fund changed its name from BlackRock Growth Prepared Portfolio
(6) Effective June3, 2015 this fund changed its name from BlackRock Aggressive Growth Prepared Portfolio
(7) Effective June30, 2015 this fund changed its name from BlackRock ACWI-Ex US Fund
(8) Effective March31, 2015, LifePath Active Portfolios changed their names to LifePath Active Funds
Single State Municipal Funds
The information below summarizes the percentage of exempt interest income received by various BlackRock Open-End Funds on a state-by-state basis. These
percentages may be useful in completing your state tax return. In addition, the percentage of income that represents a tax preference item (relating to tax-exempt
interest income from private activity bonds) for Federal Alternative Minimum Tax purposes is included for each Fund. Your portion of the exempt interest income has
been included on your Form 1099-DIV. Shareholders are urged to consult their tax advisor concerning the application of this information.
Exempt Interest Income
Derived by State
Fund Name
BlackRock California Municipal Opportunities Fund (2) California 98.96 1.03 0.01 3.67
BlackRock New Jersey Municipal Bond Fund New Jersey 99.54 0.46 — 14.78
BlackRock New York Municipal Opportunities Fund (3) New York 99.68 0.32 — 9.86
BlackRock Pennsylvania Municipal Bond Fund Pennsylvania 99.14 0.86 — 9.74
BlackRock New Jersey Municipal Money Market Portfolio (4) New Jersey 100.00— 13.77
BlackRock North Carolina Municipal Money Market Portfolio (4) North Carolina 100.00 — —
BlackRock Ohio Municipal Money Market Portfolio Ohio 100.00 — — 5.83
BlackRock Pennsylvania Municipal Money Market Portfolio Pennsylvania 100.00 — 28.84
BlackRock Virginia Municipal Money Market Portfolio (4) Virginia 100.00 —
BIF California Municipal Money Fund California 100.00 — — 14.19
BIF Connecticut Municipal Money Fund Connecticut 100.00 — — 17.90
BIF Massachusetts Municipal Money Fund Massachusetts 100.00 — — 5.42
BIF New Jersey Municipal Money Fund New Jersey 100.00 — — 11.36
BIF New York Municipal Money Fund New York 100.00 — — 17.25
BIF Ohio Municipal Money Fund Ohio 100.00 — — 13.85
(1) For a breakdown of states included in this percentage, please call 1-800-441-7762.
(2) Effective January26, 2015 this fund changed its name from California Municpal Bond Fund
(3) Effective February 18, 2015 this fund changed its name from New York Municipal Bond Fund
(4) Funds liquidated on December15, 2015
Merrill Corp - BlackRock 2015 Tax Guide Information Statements [Funds] 12-31-2015 ED | thunt | 01-Feb-16 13:51 | 16-2918-1.aa | Sequence: 4
CHKSUM Content: 36416 Layout: 44805 Graphics: No Graphics CLEAN
JOB: 16-2918-1 CYCLE#;BL#: 4; 0 TRIM: 8.25" x 10.75" COMPOSITE
COLORS: Black GRAPHICS: none V1.5

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