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BlackRock LifePath® 2040 Fund Institutional Shares (STLEX)

Net Asset Value
1 Day
Overall Morningstar Rating
Target date 2036-2040
Style or Category
No Load
Sales Expenses
Expense Ratio
Below Average
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+2.74% 3 years+7.13%
3 months-1.53% 5 years+7.59%
1 year+0.45% Since inception+6.97%
Data through --

Peer Comparisonvs. Target date 2036-2040

Performance 5-yr return+7.59%+7.42%
Expense ratio1.19%1.00%
Risk 5 year sharpe ratio0.680.70
Net assets$452.1M$1.5B
Average market cap$25.6B$34.0B
Average P/E15.818.0
Portfolio turnover42%42%

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Fund Management and Purchase Info

Fund familyBlackRock
Fund manager & tenureAlan Mason / 6 Years
Minimal initial investment$0.00
Minimum IRA investment--


U.S. stock53.28%
International stock34.51%
Fixed income8.45%
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
-- 26.19%
-- 20.25%
-- 19.56%
BCRAX BlackRock CoreAlpha Bond Fund Investor A Shares7.25%
ICF iShares Cohen & Steers REIT ETF6.41%
IFGL iShares International Developed Real Estate ETF5.53%
MADCX BlackRock Emerging Markets Fund Institutional Shares4.86%
BICSX BlackRock Commodity Strategies Portfolio Institutional Shares3.47%
SCZ iShares MSCI EAFE Small-Cap ETF2.66%
MDSKX BlackRock Small Cap Index Fund Investor A Shares2.18%

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