BlackRock LifePath Dynamic 2045 Fund Investor C Shares (LPHCX)
| Fund Assets | 371.69M |
| Expense Ratio | 1.59% |
| Min. Investment | $1,000 |
| Turnover | 15.00% |
| Dividend (ttm) | 0.94 |
| Dividend Yield | 4.72% |
| Dividend Growth | -40.10% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 29, 2025 |
| Previous Close | 19.78 |
| YTD Return | 4.20% |
| 1-Year Return | 17.95% |
| 5-Year Return | 50.49% |
| 52-Week Low | 14.43 |
| 52-Week High | 20.03 |
| Beta (5Y) | n/a |
| Holdings | 52 |
| Inception Date | Jun 30, 2010 |
About LPHCX
BlackRock LifePath Dynamic 2045 Fund Investor C 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 diversified investment solution that automatically adjusts its asset allocation over time. Early in its lifecycle, the fund emphasizes growth through a broad mix of global equities and other growth-oriented assets. As the target date approaches, the portfolio gradually shifts to include a higher proportion of conservative investments, such as fixed income and cash equivalents, aiming to mitigate risk for investors nearing retirement. The fund invests in a blend of active, factor-based, and passive strategies, utilizing affiliated mutual funds and exchange-traded funds to gain broad market exposure. Managed by BlackRock’s multi-manager team, the fund is notable for its adaptive asset allocation approach that seeks to balance growth and risk as investors' retirement horizons shorten. It plays a significant role for individuals seeking a long-term, age-appropriate investment strategy within tax-advantaged accounts such as IRAs and 401(k) plans, offering systematic risk management tailored to evolving retirement needs.
Performance
LPHCX had a total return of 17.95% in the past year, including dividends. Since the fund's inception, the average annual return has been 15.25%.
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 | $0.79326 | Dec 30, 2025 |
| Jul 17, 2025 | $0.14429 | Jul 18, 2025 |
| Dec 24, 2024 | $1.37084 | Dec 26, 2024 |
| Jun 28, 2024 | $0.19448 | Jul 1, 2024 |
| Dec 22, 2023 | $0.26989 | Dec 26, 2023 |
| Sep 29, 2023 | $0.0364 | Oct 2, 2023 |