BlackRock 60/40 Target Allocation Fund (BKGPX)
| Fund Assets | 2.01B |
| Expense Ratio | 0.32% |
| Min. Investment | $5,000,000 |
| Turnover | 104.00% |
| Dividend (ttm) | 1.29 |
| Dividend Yield | 7.27% |
| Dividend Growth | -2.87% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 29, 2025 |
| Previous Close | 17.63 |
| YTD Return | 8.89% |
| 1-Year Return | 17.26% |
| 5-Year Return | 30.91% |
| 52-Week Low | 15.57 |
| 52-Week High | 17.84 |
| Beta (5Y) | 0.62 |
| Holdings | 23 |
| Inception Date | Mar 28, 2016 |
About BKGPX
BlackRock 60/40 Target Allocation Fund Class K is a balanced mutual fund that seeks to provide long-term capital appreciation while also considering current income. This fund is structured around a classic 60/40 asset allocation model, typically investing about 60% of its assets in equity securities and 40% in fixed income instruments, delivering diversified exposure to both stocks and bonds. The fund blends actively managed strategies with a wide range of BlackRock and iShares ETFs, targeting efficient risk-balanced portfolio construction. With annual dividends and a competitive expense ratio, it is designed for institutional investors, requiring a significant minimum investment. The underlying holdings span multiple sectors and global regions, though the portfolio is predominantly weighted toward North American assets. The fund’s approach aims to balance risk and return over market cycles, making it a core portfolio solution for those seeking diversified moderate allocation within the financial market.
Performance
BKGPX had a total return of 17.26% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.37%.
Top 10 Holdings
73.03% of assets| Name | Symbol | Weight |
|---|---|---|
| iShares Core S&P 500 ETF | IVV | 16.84% |
| BlackRock Total Return K | MPHQX | 10.84% |
| iShares S&P 500 Growth ETF | IVW | 7.15% |
| Intl Tilts Master For Br_Grw | n/a | 7.01% |
| iShares U.S. Equity Factor Rotation Active ETF | DYNF | 6.03% |
| iShares S&P 500 Value ETF | n/a | 6.01% |
| BlackRock Strategic Income Opps K | BSIKX | 5.90% |
| iShares 10-20 Year Treasury Bond ETF | TLH | 5.12% |
| BlackRock Technology Opportunities K | BTEKX | 4.11% |
| iShares Core MSCI Emerging Markets ETF | IEMG | 4.02% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 29, 2025 | $1.29406 | Dec 30, 2025 |
| Dec 24, 2024 | $1.33235 | Dec 26, 2024 |
| Dec 22, 2023 | $0.44674 | Dec 26, 2023 |
| Dec 23, 2022 | $0.34156 | Dec 27, 2022 |
| Dec 31, 2021 | $1.2111 | Jan 3, 2022 |
| Dec 31, 2020 | $0.60167 | Jan 4, 2021 |