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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-7.18% 3 years+7.06%
3 months-8.59% 5 years+8.38%
1 year-5.87% Since inception+7.46%
Data through --

Peer Comparisonvs. Target date 2036-2040

Performance 5-yr return+8.38%+11.62%
Expense ratio1.19%1.01%
Risk 5 year sharpe ratio0.920.87
Net assets$563.8M$1.5B
Average market cap$26.2B$33.9B
Average P/E16.718.3
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--


U.S. stock53.77%
International stock34.74%
Fixed income7.74%
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
-- 26.36%
-- 20.48%
-- 19.80%
BCRAX BlackRock CoreAlpha Bond Fund Investor A Shares6.84%
ICF iShares Cohen & Steers REIT ETF6.61%
IFGL iShares International Developed Real Estate ETF5.62%
MADCX BlackRock Emerging Markets Fund Institutional Shares4.73%
BICSX BlackRock Commodity Strategies Portfolio Institutional Shares3.27%
SCZ iShares MSCI EAFE Small-Cap ETF2.63%
MDSKX BlackRock Small Cap Index Fund Investor A Shares2.19%

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