BlackRock LifePath® Dynamic 2040 Fund Institutional Shares (STLEX)

18.39
Net Asset Value
+0.49%
1 Day
+1.94%
Year-to-Date
Overall Morningstar Rating
Target-date 2040
Style or Category
No Load
Sales Expenses
1.00%
Expense Ratio
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- 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")- direct investments in equity securities of issuers that are primarily engaged in or related to the real estate industry ("real estate-related equity securities") and derivatives in proportions based on its own comprehensive investment strategy.

Performance

1 month+0.44% 3 years+7.27%
3 months+0.83% 5 years+7.98%
1 year+15.16% Since inception+7.58%
Data through --

Peer Comparisonvs. Target-date 2040

 STLEXCategory
Performance 5-yr return+7.98%+8.48%
Expense ratio1.00%0.85%
Risk 5 year sharpe ratio0.900.91
Net assets$296.6M$2.3B
Average market cap$20.2B$39.4B
Average P/E16.417.6
Portfolio turnover30%30%

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Fund Management and Purchase Info

Fund familyBlackRock
Fund manager & tenurePhilip Green / 1 Years
Minimal initial investment$2,000,000.00
Minimum IRA investment--

Holdings

International stock44.26%
U.S. stock40.52%
Cash9.52%
Fixed income5.68%
Other0.01%
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
-- 50.93%
-- 16.54%
BLSKX Blackrock Advantage Emerging Markets Fund Class K8.37%
LRGF iShares Edge MSCI Multifactor USA ETF4.63%
PBAKX BlackRock Tactical Opportunities Fund Class K Shares3.54%
SCZ iShares MSCI EAFE Small-Cap ETF3.30%
INTF iShares Edge MSCI Multifactor Intl ETF3.10%
BCRAX BlackRock CoreAlpha Bond Fund Investor A Shares2.88%
TIP iShares TIPS Bond ETF1.44%
-- 0.63%