BlackRock LifePath 2040 Portfolio Class K Shares (LPSFX)

20.87
Net Asset Value
+0.19%
1 Day
+3.52%
Year-to-Date
Overall Morningstar Rating
Target date 2036-2040
Style or Category
No Load
Sales Expenses
0.83%
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks to provide for retirement outcomes based on quantitatively measured risk. The fund invests all of its assets in the 2040 Master Portfolio which allocates and reallocates its assets among a combination of the equity, bond and money market funds. As of March 31, 2014, LifePath 2040 Portfolio held approximately 80% of its assets in underlying funds that invest primarily in equity securities, 20% of its assets in underlying funds that invest primarily in bonds and the remainder of its assets in underlying funds that invest primarily in money market instruments.

Performance

1 month+0.85% 3 years+9.55%
3 months+4.69% 5 years+12.90%
1 year+14.83% Since inception+4.83%
Data through --

Peer Comparisonvs. Target date 2036-2040

 LPSFXCategory
Performance 5-yr return+12.90%+14.37%
Expense ratio0.83%1.07%
Risk 5 year sharpe ratio1.091.11
Net assets$832.1M$1.5B
Average market cap$18.6B$33.1B
Average P/E16.217.7
Portfolio turnover26%26%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyBlackRock
Fund manager & tenureAlan Mason / 4 Years
Minimal initial investment$5,000,000.00
Minimum IRA investment--

Holdings

Fixed income53.37%
International stock28.08%
U.S. stock15.72%
Cash2.80%
Other0.03%
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
-- Active Stock Master Portfolio32.71%
BCRAX BlackRock CoreAlpha Bond Investor A19.00%
-- MIP International Tilts Master Portfolio14.94%
-- BlackRock Russell 1000 Index T8.80%
MADCX BlackRock Emerging Mkts Instl4.68%
IFGL iShares International Dev Rel Est4.33%
ICF iShares Cohen & Steers REIT4.20%
BICSX BlackRock Commodity Strategies Instl3.87%
MDSKX BlackRock Small Cap Index A2.57%
SCZ iShares MSCI EAFE Small-Cap2.24%

To view my watchlist

Not a member yet?

Sign up now for a free account
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.