BlackRock LifePath ESG Index 2040 Instl (LEKIX)
| Fund Assets | 23.95M |
| Expense Ratio | n/a |
| Min. Investment | $2,000,000 |
| Turnover | 55.00% |
| Dividend (ttm) | 0.62 |
| Dividend Yield | 4.31% |
| Dividend Growth | 136.37% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 24, 2024 |
| Previous Close | 14.47 |
| YTD Return | 13.70% |
| 1-Year Return | 9.81% |
| 5-Year Return | 58.53% |
| 52-Week Low | 11.55 |
| 52-Week High | 14.47 |
| Beta (5Y) | n/a |
| Holdings | 12 |
| Inception Date | Aug 18, 2020 |
About LEKIX
BlackRock LifePath ESG Index 2040 Fund Institutional Shares is a target date mutual fund designed to help investors prepare for retirement around the year 2040. This fund adopts a diversified, multi-asset approach by investing primarily in global equity and fixed income index funds that are chosen for their adherence to Environmental, Social, and Governance (ESG) criteria. A distinctive feature is its investment glide path: as the target date approaches, the fund gradually shifts its allocation from equities toward more conservative fixed income instruments to help manage risk as investors near retirement. The fund aims to deliver returns comparable to conventional global indexes while maximizing exposure to companies and bonds with higher ESG ratings. Its holdings span U.S. and international stocks, bonds, and inflation-protected securities, with an ongoing focus on sustainability and responsible investing. The BlackRock LifePath ESG Index 2040 Fund plays a significant role for institutional investors and retirement plan participants seeking a single, professionally managed solution that aligns retirement planning with ESG principles in the broader financial market.
Performance
LEKIX had a total return of 9.81% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.26%.
Top 10 Holdings
99.66% of assets| Name | Symbol | Weight |
|---|---|---|
| iShares ESG Aware MSCI USA ETF | ESGU | 39.43% |
| iShares ESG Aware US Aggregate Bond ETF | EAGG | 19.46% |
| iShares ESG Aware MSCI EAFE ETF | ESGD | 15.19% |
| iShares ESG Aware MSCI EM ETF | ESGE | 6.92% |
| iShares TIPS Bond ETF | TIP | 4.83% |
| iShares ESG Aware MSCI USA Small-Cap ETF | ESML | 4.73% |
| iShares Developed Real Estate Idx K | BKRDX | 3.51% |
| iShares MSCI EAFE Small-Cap ETF | SCZ | 2.51% |
| iShares MSCI Canada ETF | EWC | 1.93% |
| iShares MSCI Emerging Markets Small Cap ETF | EEMS | 1.15% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 24, 2024 | $0.62179 | Dec 26, 2024 |
| Dec 22, 2023 | $0.10688 | Dec 26, 2023 |
| Sep 29, 2023 | $0.03408 | Oct 2, 2023 |
| Jun 30, 2023 | $0.09395 | Jul 3, 2023 |
| Mar 31, 2023 | $0.02815 | Apr 3, 2023 |
| Dec 23, 2022 | $0.06509 | Dec 27, 2022 |