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BlackRock LifePath® 2040 Portfolio Institutional Shares (STLEX)

18.52
Net Asset Value
+0.16%
1 Day
+0.82%
Year-to-Date
Overall Morningstar Rating
Target date 2036-2040
Style or Category
No Load
Sales Expenses
1.19%
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.

Performance

1 month+0.82% 3 years+10.46%
3 months-1.10% 5 years+9.99%
1 year+3.66% Since inception+7.45%
Data through --

Peer Comparisonvs. Target date 2036-2040

 STLEXCategory
Performance 5-yr return+9.99%+11.62%
Expense ratio1.19%1.01%
Risk 5 year sharpe ratio1.001.02
Net assets$616.9M$1.6B
Average market cap$25.2B$33.6B
Average P/E16.618.4
Portfolio turnover42%42%

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Fund Management and Purchase Info

Fund familyBlackRock
Fund manager & tenureAlan Mason / 5 Years
Minimal initial investment$0.00
Minimum IRA investment--

Holdings

U.S. stock53.21%
International stock34.95%
Fixed income7.39%
Cash4.42%
Other0.02%
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
-- 26.10%
-- 20.26%
-- 19.66%
BCRAX BlackRock CoreAlpha Bond Fund Investor A Shares6.85%
ICF iShares Cohen & Steers REIT ETF6.24%
IFGL iShares International Developed Real Estate ETF5.61%
MADCX BlackRock Emerging Markets Fund Institutional Shares5.01%
-- 3.51%
SCZ iShares MSCI EAFE Small-Cap ETF2.62%
MDSKX BlackRock Small Cap Index Fund Investor A Shares2.24%