BlackRock LifePath Dyn 2045 R (LPHRX)
| Fund Assets | 371.69M |
| Expense Ratio | 1.04% |
| Min. Investment | $100 |
| Turnover | 15.00% |
| Dividend (ttm) | 1.07 |
| Dividend Yield | 4.97% |
| Dividend Growth | -36.50% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 29, 2025 |
| Previous Close | 21.44 |
| YTD Return | 10.18% |
| 1-Year Return | 20.00% |
| 5-Year Return | 41.27% |
| 52-Week Low | 18.65 |
| 52-Week High | 21.74 |
| Beta (5Y) | 0.96 |
| Holdings | 72 |
| Inception Date | Jun 30, 2010 |
About LPHRX
BlackRock LifePath Dynamic 2045 Fund Class R is a target-date mutual fund designed for investors planning to retire around the year 2045. Its primary function is to help participants achieve appropriate retirement outcomes through a sophisticated, quantitatively measured approach to risk management. The fund employs a globally diversified investment strategy, allocating across a mix of equities, fixed income, and other asset classes, with allocations that gradually become more conservative as the retirement target date nears. This fund invests predominantly in affiliated BlackRock open-end funds and ETFs, leveraging both active and passive management styles for broad diversification and adaptability to evolving market conditions. Its portfolio features exposure to U.S. large-cap equities, international markets—including small-cap and emerging markets—and a range of fixed income securities. The fund is regularly rebalanced to maintain a risk profile suitable for investors with a horizon matching the 2045 retirement date. As part of the widely recognized LifePath series, it serves as a foundational option in workplace retirement plans and individual retirement strategies, providing an automated, age-appropriate investment solution linked to a specific target retirement year.
Performance
LPHRX had a total return of 20.00% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.46%.
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
109.83% of assets| Name | Symbol | Weight |
|---|---|---|
| Mip Active Stock Master | n/a | 41.28% |
| Mip International Tilts Master Portfolio | n/a | 14.58% |
| Cash Offset | n/a | 11.93% |
| iShares Core MSCI Emerging Markets ETF | IEMG | 9.67% |
| BlackRock Diversified Fixed Income | BDVFX | 8.56% |
| Micro E-mini S&P 500 Index Future June 26 | n/a | 6.34% |
| BlackRock Cash Funds Treasury SL Agency | XTSLA | 5.29% |
| BlackRock Tactical Opportunities K | PBAKX | 4.89% |
| iShares Broad USD Investment Grade Corporate Bond ETF | USIG | 4.24% |
| BlackRock Real Estate Securities Fund Institutional Shares | BIREX | 3.05% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 29, 2025 | $0.92118 | Dec 30, 2025 |
| Jul 17, 2025 | $0.14429 | Jul 18, 2025 |
| Dec 24, 2024 | $1.48335 | Dec 26, 2024 |
| Jun 28, 2024 | $0.19448 | Jul 1, 2024 |
| Dec 22, 2023 | $0.29299 | Dec 26, 2023 |
| Sep 29, 2023 | $0.06035 | Oct 2, 2023 |