BlackRock LifePath ESG Index 2050 Instl (LEGIX)
| Fund Assets | 11.02M |
| Expense Ratio | n/a |
| Min. Investment | $2,000,000 |
| Turnover | 16.00% |
| Dividend (ttm) | 0.34 |
| Dividend Yield | 2.21% |
| Dividend Growth | 29.88% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 24, 2024 |
| Previous Close | 15.38 |
| YTD Return | 10.82% |
| 1-Year Return | 18.38% |
| 5-Year Return | n/a |
| 52-Week Low | 12.33 |
| 52-Week High | 15.60 |
| Beta (5Y) | n/a |
| Holdings | 12 |
| Inception Date | Aug 18, 2020 |
About LEGIX
The BlackRock LifePath ESG Index 2050 Institutional Fund is a target-date mutual fund designed for investors planning to retire or begin withdrawing assets around the year 2050. Its primary function is to provide a diversified, risk-adjusted portfolio that becomes more conservative as the target retirement date approaches. The fund stands out by integrating environmental, social, and governance (ESG) criteria into its investment process, allocating assets predominantly across global equity and fixed income ETFs that meet sustainability standards. Key features include a dynamic asset allocation strategy that gradually shifts from higher-risk growth assets to more stable income-oriented assets as 2050 nears, aligning with the evolving needs of long-term investors. Its holdings are heavily weighted toward ESG-focused ETFs such as the iShares ESG Aware MSCI USA ETF, with additional exposure to international equities, real estate, and sustainable bonds. The fund maintains a cost advantage with a low net expense ratio, and is managed by BlackRock’s experienced team utilizing a disciplined index-based methodology. By incorporating ESG principles, the fund aims to address both financial and ethical considerations, making it a significant vehicle for investors seeking a blend of responsible investing and retirement planning in the broader financial market.
Performance
LEGIX had a total return of 18.38% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.85%.
Top 10 Holdings
99.49% of assets| Name | Symbol | Weight |
|---|---|---|
| iShares ESG Aware MSCI USA ETF | ESGU | 52.58% |
| iShares ESG Aware MSCI EAFE ETF | ESGD | 17.22% |
| iShares ESG Aware MSCI EM ETF | ESGE | 7.84% |
| iShares ESG Aware MSCI USA Small-Cap ETF | ESML | 5.93% |
| iShares Developed Real Estate Index Fund Class K | BKRDX | 4.22% |
| iShares ESG Aware US Aggregate Bond ETF | EAGG | 3.82% |
| iShares MSCI EAFE Small-Cap ETF | SCZ | 2.87% |
| iShares MSCI Canada ETF | EWC | 2.24% |
| iShares TIPS Bond ETF | TIP | 1.42% |
| iShares MSCI Emerging Markets Small Cap ETF | EEMS | 1.37% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 24, 2024 | $0.34039 | Dec 26, 2024 |
| Dec 22, 2023 | $0.10639 | Dec 26, 2023 |
| Sep 29, 2023 | $0.03568 | Oct 2, 2023 |
| Jun 30, 2023 | $0.09264 | Jul 3, 2023 |
| Mar 31, 2023 | $0.02736 | Apr 3, 2023 |
| Dec 23, 2022 | $0.06127 | Dec 27, 2022 |