N-MFP1 0000844779 XXXXXXXX 2016-04-30 0000844779 S000001525 3 Y Y N N 033-26305 BlackRock Advisors, LLC 801-47710 Deloitte & Touche LLP Philadelphia PA BlackRock Advisors, LLC BNY Mellon Investment Servicing (US) Inc. BNY Mellon Investment Servicing (US) Inc. 0000849542 084-01761 N N N Single State Y 3 3 34907456.58 34990928.44 34455071.52 66874736.71 69212.22 135480854.00 135567934.20 129982533.80 150389658.80 69212.22 0.2577 0.2581 0.2651 0.4447 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 69212.23 0.00 0.00 27586.24 88827.59 7970.88 7970.88 1.0000 0.0015 1.0002 1.0002 1.0002 1.0000 1.0000 C000004146 2000000.00 0.00 0.00 1.0002 1.0002 1.0002 1.0000 0.0000 2504224.74 2897857.28 708193.81 3948385.34 80260.41 7298916.36 3260693.15 1286595.84 0.00 131734212.84 103323.85 4398903.86 0.0000 Y BlackRock Advisors waived/reimbursed $51,695 in management and administration fees. C000004147 5000.00 0.00 0.00 1.0002 1.0002 1.0002 1.0000 0.0000 35903.13 177189.51 75150.09 396.60 217.56 29184.55 11137.09 9754.07 1580.37 4359568.64 4051119.17 144736664.93 0.0000 Y BlackRock Advisors waived/reimbursed $1,374 in management and administration fees. BlackRock Investments, LLC waived $833 in service/distribution fees. C000004148 1000.00 7970.88 7970.88 1.0002 1.0002 1.0002 1.0000 1.0000 0.01 0.00 0.00 19.13 0.00 0.00 1.40 0.00 0.00 0.00 1.41 19.13 0.0000 Y BlackRock Advisors waived/reimbursed $400 in management/administration fees. BlackRock Investments, LLC waived $1 in service/distribution fees. Cash12345 CASH12345 0.000000% Cash12345 Cash12345 Certificate of Deposit First Tier Security Fitch, Inc. NR Moody's Investors Service, Inc. NR Standard and Poor's Ratings Services NR 2016-05-04 2016-05-04 2016-05-04 N N N 0.0000 0.00 0.00 0.00 0.0000 N N N N BlackRock Funds 2016-05-06 /s/ Neal J. Andrews Neal J. Andrews Chief Financial Officer