BlackRock LifePath Dynamic 2045 Fund Investor C Shares (LPHCX)

Fund Assets	371.69M
Expense Ratio	1.624%
Min. Investment	$1,000
Turnover	15.00%
Dividend (ttm)	n/a
Dividend Yield	n/a
Dividend Growth	n/a
Payout Frequency	Semi-Annual
Ex-Dividend Date	Jul 22, 2026

Previous Close	20.93
YTD Return	10.92%
1-Year Return	14.02%
5-Year Return	39.05%
52-Week Low	18.37
52-Week High	21.57
Beta (5Y)	0.96
Holdings	53
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.

• Fund Family: BlackRock
• Category: Target-Date 2045
• Performance Rating: Average
• Risk Rating: High
• Stock Exchange: Nasdaq
• Ticker Symbol: LPHCX
• Share Class: Investor C Shares
• Index: Index is not available on Lipper Database

Performance

LPHCX had a total return of 14.02% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.84%.

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%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
LPHKX	Class K Shares	0.34%
LPHIX	Institutional Shares	0.59%
LPHAX	Investor A Shares	0.84%
LPHRX	Class R Shares	1.04%

Top 10 Holdings

105.47% of assets

Name	Symbol	Weight
Mip Active Stock Master	n/a	43.72%
Mip International Tilts Master Portfolio	n/a	16.00%
iShares Core MSCI Emerging Markets ETF	IEMG	9.53%
BlackRock Diversified Fixed Income	BDVFX	8.97%
JPY/USD Purchased	n/a	8.16%
BlackRock Tactical Opportunities K	PBAKX	5.28%
iShares Broad USD Investment Grade Corporate Bond ETF	USIG	4.72%
iShares Core MSCI International Developed Markets ETF	IDEV	3.28%
AUD/USD Purchased	n/a	2.95%
BlackRock Real Estate Securities Fund Institutional Shares	BIREX	2.86%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 22, 2026	$0.14075	Jul 23, 2026
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

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:

Oct 16, 2026

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