Multi Asset

BIPBX

LifePath Smart Beta Retirement Fund

Overview

Loading

Performance

Performance

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.

The Fund’s returns between December 31, 2014 and November 17, 2016 are the returns of the Fund when it followed different investment strategies under the name “BlackRock LifePath® Active Retirement Fund.” The Fund’s returns between November 27, 2012 and December 30, 2014 are the returns of the Fund when it followed a different investment objective and different investment strategies under the name “LifePath Active 2015 Portfolio.” The Fund’s returns prior to November 27, 2012 are the returns of the Fund when it followed a different glide path under the name “BlackRock Prepared Portfolio 2015.”

Growth of Hypothetical $10,000 The growth of hypothetical $10,000 chart reflects a hypothetical $10,000 investment and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees and other expenses were deducted.

Performance chart data not available for display.
View full chart

Distributions

Interactive chart displaying fund performance. Javascript is required.

View full chart

Key Facts

Key Facts

Size of Class (Millions) as of Aug 05, 2020 $1.8 M
Size of Fund (Millions) as of Aug 05, 2020 $15.5 M
Share Class launch date Apr 20, 2007
Asset Class MultiAsset
Morningstar Category Target-Date Retirement
Lipper Classification Mixed-Asset Target Today Funds
Benchmark Index LifePath Smart Beta Retirement Custom Benchmark
CUSIP 09256H658
Max Offer Price as of Aug 05, 2020 $8.86
Open to New Investors Yes
Turnover Percent in the Annual Report 82%

Ratings

Ratings

Morningstar Rating

4
Overall Morningstar Rating for LifePath Smart Beta Retirement Fund, Class K, as of Jul 31, 2020 rated against 157 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 Jun 30, 2020 out of 144, 4,694, 144, 95 and 144 Funds, respectively in Lipper's Mixed-Asset Target Today Funds classification.

Morningstar Analyst Rating

Morningstar Analyst Rating - Bronze
Morningstar has awarded the Fund a Bronze medal. Fewer than 10% of US open-end funds hold medalist ratings. (Effective Nov 15, 2019) ‡

Holdings

Holdings

as of Jun 30, 2020
Name Weight (%)
ISHARES US TREASURY BOND ETF 20.62
ISHARES EDGE INVESTMENT GRADE ENHA 15.68
BLACKROCK TOTAL FACTOR FUND- CLASS 9.68
ISHARES TIPS BOND ETF 7.70
ISHS EDG MSCI USA QUL FCT ETF(USD) 6.75
Name Weight (%)
ISHARES EDGE HIGH YIELD DEFENSIVE 5.38
ISHARES EDGE MSCI MIN VOL USA ETF 4.92
ISHS EDG MSCI USA VAL FCT ETF(USD) 4.80
ISHS EDG MSCI USA SZ FCTR ETF(USD) 4.32
Small Cap Index Master for BR_2015 3.36

Exposure Breakdowns

Exposure Breakdowns

as of Jun 30, 2020

% of Market Value

Type Fund
Allocation subject to change
Negative weightings may result from specific circumstances (including timing differences between trade and settle dates of securities purchased by the funds) and/or the use of certain financial instruments, including derivatives, which may be used to gain or reduce market exposure and/or risk management.

Allocations are subject to change.

Portfolio Managers

Portfolio Managers

Matthew O’Hara
Co-Head of LifePath

   

Andrew Ang
Head of Factor Investing Strategies

   

Ked Hogan
Head of Investments for BlackRock’s Factor-Based Strategies Group

  

Portfolio Manager

Literature

Literature

 

There are many ways to access BlackRock Funds, learn how you can add them to your portfolio