<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000844779
<NAME> BLACKROCK FUNDS
<SERIES>
<NUMBER> 196
<NAME> INTERMEDIATE BOND PORTFOLIO-BLACKROCK CLASS
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> SEP-30-2000
<PERIOD-END> SEP-30-2000
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<INVESTMENTS-AT-VALUE> 789913852
<RECEIVABLES> 51382196
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<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 841452752
<PAYABLE-FOR-SECURITIES> 76119586
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 66195833
<TOTAL-LIABILITIES> 142315419
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 711960784
<SHARES-COMMON-STOCK> 16699416
<SHARES-COMMON-PRIOR> 4647402
<ACCUMULATED-NII-CURRENT> 1002609
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (11459213)
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<ACCUM-APPREC-OR-DEPREC> (2366847)
<NET-ASSETS> 699137333
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 51168520
<OTHER-INCOME> 0
<EXPENSES-NET> (9229258)
<NET-INVESTMENT-INCOME> 41939262
<REALIZED-GAINS-CURRENT> (6161485)
<APPREC-INCREASE-CURRENT> 9190254
<NET-CHANGE-FROM-OPS> 44968031
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (7924025)
<DISTRIBUTIONS-OF-GAINS> (2426)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 11859406
<NUMBER-OF-SHARES-REDEEMED> (122606)
<SHARES-REINVESTED> 315214
<NET-CHANGE-IN-ASSETS> 152474422
<ACCUMULATED-NII-PRIOR> 514538
<ACCUMULATED-GAINS-PRIOR> (5292619)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 3260340
<INTEREST-EXPENSE> 5403635
<GROSS-EXPENSE> 10782110
<AVERAGE-NET-ASSETS> 652064450
<PER-SHARE-NAV-BEGIN> 9.10
<PER-SHARE-NII> .58
<PER-SHARE-GAIN-APPREC> .03
<PER-SHARE-DIVIDEND> (.58)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.13
<EXPENSE-RATIO> .60
</TABLE>
