BlackRock LifePath Dynamic 2045 Fund Investor A Shares (LPHAX)
| Fund Assets | 371.69M |
| Expense Ratio | 0.84% |
| Min. Investment | $1,000 |
| Turnover | 15.00% |
| Dividend (ttm) | 1.10 |
| Dividend Yield | 5.11% |
| Dividend Growth | -35.54% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 29, 2025 |
| Previous Close | 20.36 |
| YTD Return | 4.25% |
| 1-Year Return | 18.46% |
| 5-Year Return | 53.51% |
| 52-Week Low | 15.61 |
| 52-Week High | 21.76 |
| Beta (5Y) | n/a |
| Holdings | 52 |
| Inception Date | Jun 30, 2010 |
About LPHAX
BlackRock LifePath Dynamic 2045 Fund Investor A Shares is a target-date mutual fund designed to help investors plan for retirement around the year 2045. The fund’s primary purpose is to provide a long-term investment solution that automatically adjusts its asset allocation as the target retirement date approaches. It achieves broad global diversification by investing in a mix of affiliated open-end mutual funds and exchange-traded funds covering equities, fixed income, and cash equivalents. The investment strategy combines active, factor-based, and passive management techniques to balance growth potential and risk. As the fund nears the 2045 target date, its portfolio gradually becomes more conservative, shifting from a growth-oriented allocation to a greater emphasis on capital preservation. Notable features include dynamic risk management and exposure to multiple asset classes and sectors worldwide, all managed within a single fund structure. BlackRock LifePath Dynamic 2045 Fund plays a significant role in the defined contribution and retirement planning space, offering an all-in-one portfolio solution for individuals seeking an age-appropriate investment glide path that adapts to changing market conditions and investor needs.
Performance
LPHAX had a total return of 18.46% in the past year, including dividends. Since the fund's inception, the average annual return has been 16.14%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VTIVX | Vanguard | Vanguard Target Retirement 2045 Fund | 0.08% |
Top 10 Holdings
100.88% of assets| Name | Symbol | Weight |
|---|---|---|
| Mip Active Stock Master | n/a | 40.32% |
| Mip International Tilts Master Portfolio | n/a | 14.84% |
| iShares Core MSCI Emerging Markets ETF | IEMG | 8.90% |
| BlackRock Diversified Fixed Income | BDVFX | 8.39% |
| BlackRock Cash Funds Treasury SL Agency | XTSLA | 7.71% |
| BlackRock Tactical Opportunities Fund Class K Shares | PBAKX | 4.89% |
| iShares Broad USD Investment Grade Corporate Bond ETF | USIG | 4.25% |
| EUR/USD Purchased | n/a | 3.88% |
| JPY/USD Purchased | n/a | 3.86% |
| JPY/EUR Purchased | n/a | 3.84% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 29, 2025 | $0.95773 | Dec 30, 2025 |
| Jul 17, 2025 | $0.14429 | Jul 18, 2025 |
| Dec 24, 2024 | $1.51509 | Dec 26, 2024 |
| Jun 28, 2024 | $0.19448 | Jul 1, 2024 |
| Dec 22, 2023 | $0.30201 | Dec 26, 2023 |
| Sep 29, 2023 | $0.06448 | Oct 2, 2023 |