Skip to content

Multi Asset

BRPHX

LifePath Smart Beta 2040 Fund

Overview

Loading

Performance

Performance

  • Returns

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 November 27, 2012 and November 17, 2016 are the returns of the Fund when it followed different investment strategies under the name “BlackRock LifePath® Active 2040 Fund.” 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 2040.”

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 Sep 13, 2019 $8.6 M
Size of Fund (Millions) as of Sep 13, 2019 $16.3 M
Share Class launch date Apr 20, 2007
Asset Class MultiAsset
Morningstar Category Target-Date 2040
Lipper Classification Mixed-Asset Target 2040 Funds
Benchmark Index LifePath Smart Beta 2040 Custom Benchmark
CUSIP 09256H468
Max Offer Price as of Sep 13, 2019 $10.83
Open to New Investors Yes
Turnover Percent as of Aug 31, 2019 59%

Portfolio Characteristics

Portfolio Characteristics

R-Squared as of Jun 30, 2019 0.01
Average Market Cap (Millions) The average size of the securities the fund invests in. as of Aug 30, 2019 $ 8,040.3 M
Best 3-Month Return Over the Last 3 Years 3 months ending Mar 31, 2019 10.92%
Worst 3-Month Return Over the Last 3 Years 3 months ending Dec 31, 2018 -10.90%
Fund Standard Deviation (3y) as of Aug 31, 2019 9.70
This information must be preceded or accompanied by a current prospectus. For standardized performance, please see the Performance section above.

Ratings

Ratings

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 19, 2018) ‡

Holdings

Holdings

as of Aug 30, 2019
Name Weight (%)
ISHS EDGE MSCI MULTIFACTOR USA ETF 37.67
ISHS EDG MSCI MULTIFCTR INTL ETF 21.67
ISHARES EDGE MSCI MIN VOL USA ETF 8.67
ISHARES GLOBAL REIT ETF 6.64
ISHARES CORE MSCI EMERGING MARKETS 5.35
Name Weight (%)
ISHS EDG MSCI MINVOL EAFE ETF(USD) 4.98
BLACKROCK TOTAL FACTOR FUND- CLASS 4.95
ISHARES EDGE HIGH YIELD DEFENSIVE 2.64
ISHARES TIPS BOND ETF 2.42
ISHS EDG MSCI MULTFCT USA SMCP ETF 2.30

Exposure Breakdowns

Exposure Breakdowns

as of Aug 30, 2019

% of Market Value

Type Fund
Allocation subject to change
"Other" includes investments in the BlackRock Total Factor Fund (invests in equity, fixed income and other securities)
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