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)	0.58
Dividend Yield	2.23%
Dividend Growth	16.02%
Payout Frequency	Semi-Annual
Ex-Dividend Date	Jul 22, 2026

Previous Close	25.73
YTD Return	11.19%
1-Year Return	16.53%
5-Year Return	43.63%
52-Week Low	22.61
52-Week High	26.00
Beta (5Y)	0.85
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.

• Fund Family: BlackRock
• Category: Target-Date 2040
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: LIKIX
• Index: Index is not available on Lipper Database

Performance

LIKIX had a total return of 16.53% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.77%.

Top 10 Holdings

99.60% of assets

Name	Symbol	Weight
Blackrock Russell 1000 Index Fund F	n/a	42.68%
iShares Core MSCI Total International Stock ETF	IXUS	26.97%
iShares US Intermediate Gov Bd Idx	BIGBX	7.15%
iShares US Securitized Bond Index	BISBX	5.87%
iShares US Intermediate Credit Bond Idx	BICBX	3.72%
iShares US Long Credit Bond Index	BLCBX	3.19%
iShares FTSE NAREIT All Eq REIT Idx	BREBX	2.98%
iShares US Long Government Bond Idx	BLGBX	2.84%
iShares Global Infrastructure ETF	IGF	2.25%
Blackrock Small Cap Index Fund	n/a	1.94%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 22, 2026	$0.02613	Jul 23, 2026
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

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 26, 2026

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