Multi Asset

LIRKX

LifePath Index Retirement Fund

Overview

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Performance

Performance

Growth of Hypothetical $10,000

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Distributions

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  1y 3y 5y 10y
9.31 1.05 4.75 4.69
Benchmark (%) 9.41 1.17 4.80 4.77
Morningstar Category Avg. (%) 8.52 1.16 3.90 3.71
Morningstar Ranking 66/147 81/145 14/127 6/79
Morningstar Quartile 2 3 1 1
Lipper Category Avg. (%) 8.91 1.28 4.03 3.89
Lipper Ranking 74/136 85/134 26/119 14/70
Lipper Quartile 3 3 1 1
  YTD 1m 3m 1y 3y 5y 10y
2.57 1.80 2.57 9.31 3.19 26.13 58.17
Benchmark (%) 2.53 1.80 2.53 9.41 3.54 26.40 59.31
Morningstar Category Avg. (%) 2.39 1.63 2.39 8.52 3.53 21.10 44.01
Lipper Category Avg. (%) 2.53 1.68 2.53 8.91 3.89 21.91 46.81
  2019 2020 2021 2022 2023
Total Return (%) 15.90 12.22 6.92 -15.20 11.47
Benchmark (%) 16.05 12.00 7.06 -15.05 11.46
Morningstar Category Avg. (%) 12.85 9.03 5.51 -12.74 10.04

Performance is shown after deduction of ongoing charges. Any entry and exit charges are excluded from the calculation.

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 Apr 15, 2024 $4,770.6 M
Size of Fund (Millions) as of Apr 15, 2024 $7,078.8 M
Share Class launch date May 31, 2011
Asset Class MultiAsset
Morningstar Category Target-Date Retirement
Lipper Classification Mixed-Asset Target Today Funds
Benchmark Index BlackRock LifePath Index Retirement Custom Benchmark
CUSIP 066923806
Distribution Frequency Annual
Max Offer Price as of Apr 15, 2024 $13.19
Open to New Investors Yes
Turnover Percent in the Annual Report 16%

Portfolio Characteristics

Portfolio Characteristics

R-Squared as of Mar 31, 2024 0.80
Fund Sharpe Ratio (3y) as of Mar 31, 2024 -0.09
Effective Duration as of Mar 28, 2024 3.63 yrs
Best 3-Month Return Over the Last 3 Years 3 months ending Jan 31, 2024 10.67%
Worst 3-Month Return Over the Last 3 Years 3 months ending Jun 30, 2022 -9.33%
This information must be preceded or accompanied by a current prospectus. For standardized performance, please see the Performance section above.

Sustainability Characteristics

Sustainability Characteristics

To be included in MSCI ESG Fund Ratings, 65% (or 50% for bond funds and money market funds) 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. MSCI Ratings are currently unavailable for this fund.

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. 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 - -
MSCI - UN Global Compact Violators as of - -
MSCI - Nuclear Weapons as of - -
MSCI - Thermal Coal as of - -
MSCI - Civilian Firearms as of - -
MSCI - Oil Sands as of - -
MSCI - Tobacco as of - -

Business Involvement Coverage as of - -
Percentage of Fund not covered as of - -
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 -% and for Oil Sands -%.

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 0.13%
Net Expense Ratio 0.09%

Ratings

Ratings

Morningstar Rating

4 stars
Overall Morningstar Rating for LifePath Index Retirement Fund, Class K, as of Mar 31, 2024 rated against 145 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 Mar 31, 2024 out of 134, 4,529, 134, 93 and 134 Funds, respectively in Lipper's Mixed-Asset Target Today Funds classification.

Morningstar Medalist Rating

Morningstar Medalist Rating - GOLD
Morningstar has awarded the Fund a Gold medal, its highest level of conviction. (Effective Dec 15, 2023)

Holdings

Holdings

as of Mar 28, 2024
Name Weight (%)
BLACKROCK RUSSELL 1000 INDEX FUND 23.39
iShares U.S. Int Gov Bnd Idx Fd 18.97
iShares U.S. Secur Bond Index Fd 14.58
ISHARES MSCI TOTAL INTL STOCK ETF 12.30
iShares U.S Int Credit Bd Idx Fd 9.49
Name Weight (%)
ISHARES TIPS BOND ETF 7.85
iShares U.S. Lg Gov Bnd Index Fd 6.08
BLACKROCK SMALL CAP INDEX FUND 2.34
ISHARES DEVELOPD RL ESTAT CL K 2.23
iShares U.S. Lg Credit Bd Idx Fd 2.05
Name Weight (%) Shares Market Value
Holdings are subject to change. Fund holdings and allocations shown are unaudited, and may not be representative of current or future investments. Holdings shown should not be deemed as a recommendation to buy or sell securities. The user relies on this data at its own risk and neither BlackRock nor any other party makes any representations or express or implied warranties (which are expressly disclaimed) nor shall they incur any liability for any errors or omissions in the data.

Exposure Breakdowns

Exposure Breakdowns

as of Mar 28, 2024

% of Market Value

Type Fund
as of Mar 28, 2024

% of Market Value

Type Fund
Allocations 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.

Seeking professional management?

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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

   

Paul Whitehead
Paul Whitehead
Portfolio Manager

Literature

Literature

 

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