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BlackRock LifePath® 2040 Fund Class K Shares (LPSFX)

Net Asset Value
1 Day
Overall Morningstar Rating
Target date 2036-2040
Style or Category
No Load
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks to provide for retirement outcomes based on quantitatively measured risk. LifePath 2040 Fund invests all of its assets in the 2040 Master Portfolio, a separate mutual fund with a substantially identical investment objective, which allocates and reallocates its assets among a combination of equity, bond and money market funds (the "underlying funds") in proportions based on its own comprehensive investment strategy.


1 month-0.44% 3 years+8.08%
3 months+3.01% 5 years+8.20%
1 year-1.35% Since inception+3.95%
Data through --

Peer Comparisonvs. Target date 2036-2040

Performance 5-yr return+8.20%+7.42%
Expense ratio0.79%1.00%
Risk 5 year sharpe ratio0.750.74
Net assets$472.6M$1.5B
Average market cap$25.5B$32.9B
Average P/E15.317.3
Portfolio turnover42%42%

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Fund Management and Purchase Info

Fund familyBlackRock
Fund manager & tenureAlan Mason / 6 Years
Minimal initial investment$5,000,000.00
Minimum IRA investment--


U.S. stock55.95%
International stock36.41%
Fixed income11.18%
Top 5 Sectors
Portfolio weighting
Financial service 25.58%
Industrial materials 13.44%
Energy 10.06%
Healthcare 10.00%
Consumer goods 9.26%
Top 10 Holdings
Portfolio weighting
-- 27.57%
-- 21.57%
-- 21.47%
BCRAX BlackRock CoreAlpha Bond Fund Investor A Shares10.16%
ICF iShares Cohen & Steers REIT ETF6.39%
IFGL iShares International Developed Real Estate ETF5.48%
MADCX BlackRock Emerging Markets Fund Institutional Shares4.90%
BICSX BlackRock Commodity Strategies Portfolio Institutional Shares3.32%
SCZ iShares MSCI EAFE Small-Cap ETF2.69%
MDSKX BlackRock Small Cap Index Fund Investor A Shares2.39%

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