Error Code: 1320 No RETURN found in FUNCTION

[Scott Dornseif]

After searching all other posts with this error I still can not find my error.

MySQL5 Getting the No Return error on a function copied from an other server where there is no issue.

To simplify debugging, I tried creating the simple function below:
This gives me the smae error...

DELIMITER $$

CREATE
/*[DEFINER = { user | CURRENT_USER }]*/
FUNCTION `kccvbcontent`.`bob`()
RETURNS VARCHAR(50) CHARSET utf8

NOT DETERMINISTIC
NO SQL
SET GLOBAL log_bin_trust_function_creators = 1;

BEGIN
DECLARE bob_out VARCHAR(50);
SET bob_out = 'bob it is';
RETURN bob_out;
END $$

DELIMITER ;

I do not know what I am missing...