BlackRock LifePath® Dynamic 2040 Fund Institutional Shares (STLEX)

Net Asset Value
1 Day
Overall Morningstar Rating
Target-date 2040
Style or Category
No Load
Sales Expenses
Expense Ratio
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.


1 month-0.49% 3 years+7.84%
3 months+0.98% 5 years+8.86%
1 year+15.57% Since inception+7.64%
Data through --

Peer Comparisonvs. Target-date 2040

Performance 5-yr return+8.86%+10.03%
Expense ratio0.97%0.85%
Risk 5 year sharpe ratio1.001.02
Net assets$314.7M$2.3B
Average market cap$23.1B$41.1B
Average P/E18.219.4
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--


International stock43.88%
U.S. stock39.54%
Fixed income8.08%
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
-- 50.40%
-- 14.18%
BLSIX BlackRock Advantage Emerging Markets Fund Institutional Shares8.10%
LRGF iShares Edge MSCI Multifactor USA ETF5.06%
BICSX BlackRock Commodity Strategies Portfolio Institutional Shares4.61%
INTF iShares Edge MSCI Multifactor Intl ETF4.60%
BCRAX BlackRock CoreAlpha Bond Fund Investor A Shares4.27%
PBAKX BlackRock Tactical Opportunities Fund Class K Shares3.30%
-- 3.04%
TIP iShares TIPS Bond ETF1.33%