Multi Asset

LIRPX

LifePath Index Retirement Fund

Overview

Loading

Performance

Performance

Growth of Hypothetical $10,000

Performance chart data not available for display.
View full chart

Distributions

Interactive chart displaying fund performance. Javascript is required.

View full chart
  1y 3y 5y 10y
0.30 6.80 6.08 5.50
-4.97 4.90 4.95 4.93
Benchmark (%) 0.85 7.18 6.45 5.92
Morningstar Category Avg. (%) -5.64 3.57 3.88 3.97
Morningstar Ranking 61/160 19/141 - -
Morningstar Quartile 2 1 1 1
Lipper Ranking 68/156 28/141 - -
Lipper Quartile 2 1 - -
  YTD 1m 3m 1y 3y 5y 10y
-5.56 -0.78 -5.56 0.30 21.82 34.36 70.82
-10.51 -5.99 -10.51 -4.97 15.43 27.35 61.80
Benchmark (%) -5.45 -0.71 -5.45 0.85 23.11 36.70 77.70
Morningstar Category Avg. (%) -8.69 -4.24 -6.31 -5.64 17.22 27.48 54.47
  2017 2018 2019 2020 2021
Total Return (%) - -3.74 15.52 11.90 6.61
Benchmark (%) - -3.47 16.05 12.00 7.06
Morningstar Category Avg. (%) - -3.16 12.85 9.03 5.51
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.

Key Facts

Key Facts

Size of Class (Millions) as of Jun 24, 2022 $2,108.9 M
Size of Fund (Millions) as of Jun 24, 2022 $7,637.5 M
Share Class launch date Aug 06, 2018
Asset Class MultiAsset
Morningstar Category Target-Date Retirement
Lipper Classification Mixed-Asset Target Today Funds
Benchmark Index BlackRock LifePath Index Retirement Custom Benchmark
CUSIP 066923368
Distribution Frequency Quarterly
Number of Holdings as of May 31, 2022 13
Max Offer Price as of Jun 24, 2022 $13.39
Open to New Investors Yes
Turnover Percent in the Annual Report 9%

Sustainability Characteristics

Sustainability Characteristics

Sustainability Characteristics provide investors with specific non-traditional metrics. Alongside other metrics and information, these enable investors to evaluate funds on certain environmental, social and governance characteristics. Sustainability Characteristics do not provide an indication of current or future performance nor do they represent the potential risk and reward profile of a fund. They are provided for transparency and for information purposes only. Sustainability Characteristics should not be considered solely or in isolation, but instead are one type of information that investors may wish to consider when assessing a fund.


The metrics are not indicative of how or whether ESG factors will be integrated into a fund. Unless otherwise stated in fund documentation and included within a fund’s investment objective, the metrics do not change a fund’s investment objective or constrain the fund’s investable universe, and there is no indication that an ESG or Impact focused investment strategy or exclusionary screens will be adopted by a fund. For more information regarding a fund's investment strategy, please see the fund's prospectus.


Review the MSCI methodologies behind Sustainability Characteristics using the links below.

MSCI ESG Fund Rating (AAA-CCC) as of May 06, 2022 A
MSCI ESG % Coverage as of May 06, 2022 81.13%
MSCI ESG Quality Score (0-10) as of May 06, 2022 6.8
MSCI ESG Quality Score - Peer Percentile as of May 06, 2022 55.38%
Fund Lipper Global Classification as of May 06, 2022 Mixed Asset USD Bal - Global
Funds in Peer Group as of May 06, 2022 195
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES) as of May 06, 2022 182.78
MSCI Weighted Average Carbon Intensity % Coverage as of May 06, 2022 53.04%
All data is from MSCI ESG Fund Ratings as of May 06, 2022, based on holdings as of Oct 31, 2021. As such, the fund’s sustainable characteristics may differ from MSCI ESG Fund Ratings from time to time.

To be included in MSCI ESG Fund Ratings, 65% of the fund’s gross weight must come from securities with ESG coverage by MSCI ESG Research (certain cash positions and other asset types deemed not relevant for ESG analysis by MSCI are removed prior to calculating a fund’s gross weight; the absolute values of short positions are included but treated as uncovered), the fund’s holdings date must be less than one year old, and the fund must have at least ten securities. For newly launched funds, Sustainability Characteristics are typically available 6 months after launch.

Business Involvement

Business Involvement

Business Involvement metrics can help investors gain a more comprehensive view of specific activities in which a fund may be exposed through its investments.


Business Involvement metrics are not indicative of a fund’s investment objective, and, unless otherwise stated in fund documentation and included within a fund’s investment objective, do not change a fund’s investment objective or constrain the fund’s investable universe, and there is no indication that an ESG or Impact focused investment strategy or exclusionary screens will be adopted by a fund. For more information regarding a fund's investment strategy, please see the fund's prospectus.


Review the MSCI methodology behind the Business Involvement metrics, using links below.

MSCI - Controversial Weapons as of May 31, 2022 0.18%
MSCI - UN Global Compact Violators as of May 31, 2022 0.36%
MSCI - Nuclear Weapons as of May 31, 2022 0.14%
MSCI - Thermal Coal as of May 31, 2022 0.05%
MSCI - Civilian Firearms as of May 31, 2022 0.04%
MSCI - Oil Sands as of May 31, 2022 0.10%
MSCI - Tobacco as of May 31, 2022 0.23%

Business Involvement Coverage as of May 31, 2022 39.04%
Percentage of Fund not covered as of May 31, 2022 60.96%
BlackRock business involvement exposures as shown above for Thermal Coal and Oil Sands are calculated and reported for companies that generate more than 5% of revenue from thermal coal or oil sands as defined by MSCI ESG Research. For the exposure to companies that generate any revenue from thermal coal or oil sands (at a 0% revenue threshold), as defined by MSCI ESG Research, it is as follows: Thermal Coal 0.39% and for Oil Sands 0.83%.

Business Involvement metrics are calculated by BlackRock using data from MSCI ESG Research which provides a profile of each company’s specific business involvement. BlackRock leverages this data to provide a summed up view across holdings and translates it to a fund's market value exposure to the listed Business Involvement areas above.


Business Involvement metrics are designed only to identify companies where MSCI has conducted research and identified as having involvement in the covered activity. As a result, it is possible there is additional involvement in these covered activities where MSCI does not have coverage. This information should not be used to produce comprehensive lists of companies without involvement. Business Involvement metrics are only displayed if at least 1% of the fund’s gross weight includes securities covered by MSCI ESG Research.

Fees

Fees

as of current prospectus
Gross Expense Ratio 0.44%
Net Expense Ratio 0.39%

Ratings

Ratings

Morningstar Rating

4 stars
Overall Morningstar Rating for LifePath Index Retirement Fund, Class P, as of May 31, 2022 rated against 147 Target-Date Retirement Funds based on risk adjusted total return.

Lipper Leader

 
 
 
 
 
 
Overall Lipper Leaders ratings based on an equal-weighted average of percentile ranks for each measure over 3-, 5-, and 10-year periods (if applicable) and do not take into account the effects of sales charges for these categories (Consistent Return, Preservation, Total Return, Expense, and Tax Efficiency) as of May 31, 2022 out of 140, 4,581, 140, 23 and 140 Funds, respectively in Lipper's Mixed-Asset Target Today Funds classification.

Morningstar Analyst Rating

Morningstar Analyst Rating - Silver
Morningstar has awarded the Fund a Silver medal. Fewer than 10% of US open-end funds hold medalist ratings. (Effective Dec 22, 2021)

Holdings

Holdings

as of May 31, 2022
Name Weight (%)
BLACKROCK RUSSELL 1000 INDEX FUND 20.87
ISHARES U.S. INTERMEDIATE GO AACC 17.18
ISHARES U.S. SECURITIZED BON AACC 15.74
ISHARES MSCI TOTAL INTL STOCK ETF 13.38
ISHARES U.S. INTERMEDIATE CR AACC 10.41
Name Weight (%)
ISHARES TIPS BOND ETF 7.85
ISHARES U.S. LONG CREDIT BON AACC 4.82
ISHARES U.S. LONG GOVERNMENT AACC 4.22
BLACKROCK SMALL CAP INDEX FUND 3.30
ISHARES DEVELOPD RL ESTAT CL K 2.19
Seeking professional management?
Our LifePath Index Funds evolve as you near retirement.
Seeking professional management

Portfolio Managers

Portfolio Managers

Christopher Chung
Head of Asset Allocation and Custom Strategies for LifePath

  

Lisa O'Connor
Global Head of Model Portfolio Solutions and the Deputy CIO for Solutions

  

Greg Savage
Head of Americas Index Asset Allocation

   

Amy Whitelaw
Head of Americas iShares Equity Portfolio Management

  

Portfolio Manager

Literature

Literature

Loading fund documents...
No documents found
Checkout {{ translations['submit'][selectedAction] }} {{ responseMessage }} {{ warningMessage }} You have previously requested to be opted out of all BlackRock Literature Services emails. To subscribe, you must opt back in.