BlackRock LifePath ESG Index 2040 Inv A (LEKAX)
| Fund Assets | 24.48M |
| Expense Ratio | 0.50% |
| Min. Investment | $1,000 |
| Turnover | 55.00% |
| Dividend (ttm) | 0.24 |
| Dividend Yield | 1.50% |
| Dividend Growth | -59.59% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 29, 2025 |
| Previous Close | 15.89 |
| YTD Return | 9.22% |
| 1-Year Return | 18.43% |
| 5-Year Return | 40.51% |
| 52-Week Low | 13.69 |
| 52-Week High | 16.08 |
| Beta (5Y) | 0.82 |
| Holdings | 12 |
| Inception Date | Aug 18, 2020 |
About LEKAX
BlackRock LifePath ESG Index 2040 Fund Investor A is a target-date mutual fund designed to help investors save for retirement with an anticipated horizon around the year 2040. As a diversified solution, the fund allocates its portfolio across a mix of global equity, fixed income, and real asset index funds, adjusting its asset mix to become more conservative as the retirement date approaches. The fund’s central feature is its integration of environmental, social, and governance (ESG) criteria: it primarily invests in index funds that focus on higher ESG-rated securities, aiming to provide risk and return characteristics comparable to traditional indices while emphasizing sustainability. Major holdings include ESG-focused ETFs spanning U.S. and international equities, bonds, and real assets. By adopting a glide path that gradually reduces equity exposure and increases fixed income as it nears 2040, the fund addresses both growth and risk management for long-term investors. With its ESG focus, it appeals to individuals seeking a retirement solution that aligns with socially responsible investment principles while maintaining broad market exposure and professional management.
Performance
LEKAX had a total return of 18.43% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.94%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VFORX | Vanguard | Vanguard Target Retirement 2040 Fund | 0.08% |
Top 10 Holdings
99.10% of assets| Name | Symbol | Weight |
|---|---|---|
| iShares ESG Aware MSCI USA ETF | ESGU | 38.09% |
| iShares ESG Aware US Aggregate Bond ETF | EAGG | 20.59% |
| iShares ESG Aware MSCI EAFE ETF | ESGD | 14.44% |
| iShares ESG Aware MSCI EM ETF | ESGE | 7.78% |
| iShares TIPS Bond ETF | TIP | 4.91% |
| iShares ESG Aware MSCI USA Small-Cap ETF | ESML | 4.53% |
| iShares Developed Real Estate Idx K | BKRDX | 3.23% |
| iShares MSCI EAFE Small-Cap ETF | SCZ | 2.39% |
| iShares MSCI Canada ETF | EWC | 1.97% |
| iShares MSCI Emerging Markets Small Cap ETF | EEMS | 1.16% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 29, 2025 | $0.23805 | Dec 30, 2025 |
| Dec 24, 2024 | $0.5891 | Dec 26, 2024 |
| Dec 22, 2023 | $0.10044 | Dec 26, 2023 |
| Sep 29, 2023 | $0.02718 | Oct 2, 2023 |
| Jun 30, 2023 | $0.08715 | Jul 3, 2023 |
| Mar 31, 2023 | $0.02147 | Apr 3, 2023 |