Exhibit 1(m)
BLACKROCK BOND FUND, INC.
Articles Supplementary to Articles of Incorporation
Increasing the Authorized Capital Stock of the Corporation and
Reclassifying Shares of Authorized Capital Stock
BLACKROCK BOND FUND, INC. (hereinafter called the "Corporation"), a
Maryland corporation, having its principal office in the State of Maryland in
the City of Baltimore, hereby certifies to the State Department of Assessments
and Taxation of the State of Maryland that:
1. The Corporation is registered as an open-end investment company under the
Investment Company Act of 1940, as amended, with the authority to issue
Four Billion Four Hundred Million (4,400,000,000) shares of capital stock
as follows:
Series and Classes Number of Authorized Shares
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BlackRock High Income Fund
Investor A Common Stock 500,000,000
Investor B Common Stock 1,500,000,000
Investor C Common Stock 200,000,000
Investor C1 Common Stock 200,000,000
Institutional Common Stock 500,000,000
BlackRock Bond Fund
Investor A Common Stock 100,000,000
Investor A1 Common Stock 50,000,000
Investor B Common Stock 250,000,000
Investor B1 Common Stock 50,000,000
Investor C Common Stock 100,000,000
Investor C1 Common Stock 100,000,000
Investor C2 Common Stock 50,000,000
Institutional Common Stock 250,000,000
Class R Common Stock 250,000,000
Intermediate Term Portfolio
Class A Common Stock 50,000,000
Class B Common Stock 50,000,000
Class C Common Stock 50,000,000
Class I Common Stock 100,000,000
Class R Common Stock 50,000,000
Total: 4,400,000,000
All shares of all classes of the Corporation's capital stock have a par
value of Ten Cents ($0.10) per share, and an aggregate par value of Four
Hundred Forty Million Dollars ($440,000,000).
2. The Board of Directors of the Corporation, acting in accordance with
Section 2-105(c) of the Maryland General Corporation Law and Article V,
paragraph 7 of the Articles of Incorporation, as amended and supplemented,
hereby increases the total number of authorized shares of Common Stock of
the Corporation by Two Hundred Million (200,000,000) shares and designates
such newly authorized shares as follows:
Series and Classes Number of Authorized Shares
------------------ ---------------------------
BlackRock Bond Fund
Investor B2 Common Stock 50,000,000
Service Common Stock 50,000,000
BlackRock Common Stock 100,000,000
Total: 200,000,000
3. The preferences, designations, conversion or other rights, voting powers,
restrictions, limitations as to dividends, qualifications or terms or
conditions of redemption of Investor B2 Common Stock are as follows:
The Investor B2 Common Stock of the Corporation shall represent the same
interest in the Corporation and have identical preferences, designations,
conversion or other rights, voting powers, restrictions, limitations as to
dividends, qualifications, or terms or conditions of redemption as the
Investor B Common Stock as of the date of these Articles Supplementary,
except as otherwise set forth in the Corporation's charter and further
except that:
(i) Expenses related to the account maintenance and distribution of the
Investor B2 Common Stock shall be borne solely by such class and
such class shall have exclusive voting rights with respect to
matters relating to the expenses being borne solely by such class;
and
(ii) Such account maintenance and distribution expenses borne solely by
Investor B2 Common Stock shall be appropriately reflected (in the
manner determined by the Board of Directors) in the net asset value,
dividends, distribution and liquidation rights of the shares of such
class.
4. The preferences, designations, conversion or other rights, voting powers,
restrictions, limitations as to dividends, qualifications or terms or
conditions of redemption of Service Common Stock are as follows:
The Service Common Stock of the Corporation shall represent the same
interest in the Corporation and have identical preferences, designations,
conversion or other rights, voting powers, restrictions, limitations as to
dividends, qualifications, or terms or conditions of redemption as the
Institutional Common Stock as of the date of these
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Articles Supplementary, except as otherwise set forth in the Corporation's
charter and further except that:
(i) Expenses related to the account maintenance and distribution of the
Service Common Stock shall be borne solely by such class and such
class shall have exclusive voting rights with respect to matters
relating to the expenses being borne solely by such class; and
(ii) Such account maintenance and distribution expenses borne solely by
Service Common Stock shall be appropriately reflected (in the manner
determined by the Board of Directors) in the net asset value,
dividends, distribution and liquidation rights of the shares of such
class.
5. The preferences, designations, conversion or other rights, voting powers,
restrictions, limitations as to dividends, qualifications or terms or
conditions of redemption of BlackRock Common Stock are as follows:
The BlackRock Common Stock of the Corporation shall represent the same
interest in the Corporation and have identical preferences, designations,
conversion or other rights, voting powers, restrictions, limitations as to
dividends, qualifications, or terms or conditions of redemption as the
Institutional Common Stock as of the date of these Articles Supplementary,
except as otherwise set forth in the Corporation's charter and further
except that:
(i) Expenses related to the account maintenance and distribution of the
BlackRock Common Stock shall be borne solely by such class and such
class shall have exclusive voting rights with respect to matters
relating to the expenses being borne solely by such class; and
(ii) Such account maintenance and distribution expenses borne solely by
BlackRock Common Stock shall be appropriately reflected (in the
manner determined by the Board of Directors) in the net asset value,
dividends, distribution and liquidation rights of the shares of such
class.
6. After this increase in the number of authorized shares, the classification
of the newly authorized shares and the renaming of the applicable issued
and unissued shares of capital stock of the Corporation, the Corporation
will have the authority to issue Four Billion Six Hundred Million
(4,600,000,000) shares of capital stock as follows:
Series and Classes Number of Authorized Shares
------------------ ---------------------------
BlackRock High Income Fund
Investor A Common Stock 500,000,000
Investor B Common Stock 1,500,000,000
Investor C Common Stock 200,000,000
Investor C1 Common Stock 200,000,000
Institutional Common Stock 500,000,000
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BlackRock Bond Fund
Investor A Common Stock 100,000,000
Investor A1 Common Stock 50,000,000
Investor B Common Stock 250,000,000
Investor B1 Common Stock 50,000,000
Investor B2 Common Stock 50,000,000
Investor C Common Stock 100,000,000
Investor C1 Common Stock 100,000,000
Investor C2 Common Stock 50,000,000
Institutional Common Stock 250,000,000
Class R Common Stock 250,000,000
Service Common Stock 50,000,000
BlackRock Common Stock 100,000,000
Intermediate Term Portfolio
Class A Common Stock 50,000,000
Class B Common Stock 50,000,000
Class C Common Stock 50,000,000
Class I Common Stock 100,000,000
Class R Common Stock 50,000,000
Total: 4,600,000,000
After this increase, all shares of all classes of the Corporation's capital
stock will have a par value of Ten Cents ($0.10) per share, and an aggregate par
value of Four Hundred Sixty Million Dollars ($460,000,000).
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IN WITNESS WHEREOF, BLACKROCK BOND FUND, INC. has caused these presents to be
signed in its name and on its behalf by its Vice President and attested by its
Secretary on , 2007.
BLACKROCK BOND FUND, INC.
By:
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Donald C. Burke
Vice President
ATTEST:
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Alice A. Pellegrino
Secretary
The undersigned, Vice President of BLACKROCK BOND FUND, INC. who executed
on behalf of said Corporation the foregoing Articles Supplementary, of which
this certificate is made a part, hereby acknowledges the foregoing Articles
Supplementary to be the corporate act of said Corporation and further certifies
that as to all of the matters and facts required to be verified under oath, that
to the best of his knowledge, information and belief, the matters set forth
therein are true in all material respects, under the penalties of perjury.
Dated: , 2007 ------------------------
Donald C. Burke
Vice President
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