BlackRock LifePath Index 2040 Fund Institutional Shares (LIKIX)
| Fund Assets | 14.52B |
| Expense Ratio | 0.14% |
| Min. Investment | $2,000,000 |
| Turnover | 21.00% |
| Dividend (ttm) | 0.75 |
| Dividend Yield | 3.12% |
| Dividend Growth | 43.63% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Dec 29, 2025 |
| Previous Close | 24.04 |
| YTD Return | 3.52% |
| 1-Year Return | 18.15% |
| 5-Year Return | 47.36% |
| 52-Week Low | 18.08 |
| 52-Week High | 24.24 |
| Beta (5Y) | n/a |
| Holdings | 13 |
| Inception Date | May 31, 2011 |
About LIKIX
BlackRock LifePath Index 2040 Fund Institutional Shares is a target-date mutual fund designed to support retirement investing, primarily for individuals aiming to retire around the year 2040. The fund follows a dynamic asset allocation strategy, starting with a greater emphasis on global equities for growth potential and gradually shifting toward fixed income and more conservative investments as the retirement date approaches. This glide path approach helps manage risk exposure over time in a disciplined, index-based manner. The portfolio is broadly diversified, with significant allocations to large-cap U.S. equity, international stocks, and a range of U.S. bond sectors, including government, credit, and securitized bonds. As a passively managed fund, it tracks a custom benchmark to capture market returns efficiently, and it is notable for its low expense ratio—an important consideration for long-term investors. BlackRock LifePath Index 2040 Fund Institutional Shares is widely used in employer-sponsored retirement plans and serves as a comprehensive solution for investors seeking a hands-off, professionally managed path toward retirement security.
Performance
LIKIX had a total return of 18.15% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.81%.
Top 10 Holdings
99.67% of assets| Name | Symbol | Weight |
|---|---|---|
| Blackrock Russell 1000 Index Fund F | n/a | 40.79% |
| iShares Core MSCI Total International Stock ETF | IXUS | 26.82% |
| iShares US Intermediate Gov Bd Idx | BIGBX | 7.43% |
| iShares US Securitized Bond Index | BISBX | 6.56% |
| iShares US Intermediate Credit Bond Idx | BICBX | 4.48% |
| iShares US Long Government Bond Idx | BLGBX | 3.44% |
| iShares FTSE NAREIT All Eq REIT Idx | BREBX | 3.32% |
| iShares US Long Credit Bond Index | BLCBX | 3.18% |
| iShares Global Infrastructure ETF | IGF | 1.98% |
| Blackrock Small Cap Index Fund | n/a | 1.67% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 29, 2025 | $0.73388 | Dec 30, 2025 |
| Jul 17, 2025 | $0.01732 | Jul 18, 2025 |
| Dec 24, 2024 | $0.52007 | Dec 26, 2024 |
| Jun 28, 2024 | $0.00294 | Jul 1, 2024 |
| Dec 22, 2023 | $0.16339 | Dec 26, 2023 |
| Sep 29, 2023 | $0.06407 | Oct 2, 2023 |