BlackRock LifePath® Dynamic 2040 Fund Class K Shares (LPSFX)
| Fund Assets | 494.19M |
| Expense Ratio | 0.34% |
| Min. Investment | $5,000,000 |
| Turnover | 19.00% |
| Dividend (ttm) | 1.70 |
| Dividend Yield | 9.14% |
| Dividend Growth | 57.29% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Jul 17, 2025 |
| Previous Close | 18.73 |
| YTD Return | 8.58% |
| 1-Year Return | 3.94% |
| 5-Year Return | 45.66% |
| 52-Week Low | 15.62 |
| 52-Week High | 19.47 |
| Beta (5Y) | n/a |
| Holdings | 132 |
| Inception Date | May 30, 2008 |
About LPSFX
BlackRock LifePath Dynamic 2040 Fund Class K is a target-date mutual fund designed to help investors prepare for retirement around the year 2040. The fund's primary objective is to provide retirement outcomes by investing in a broadly diversified mix of global asset classes, including equities, fixed income, cash, and alternative investments. Its unique approach combines active management, factor-based strategies, and passive investment elements, allowing the asset allocation to shift gradually toward a more conservative profile as the target retirement date approaches. The fund dynamically adjusts its holdings to balance growth potential and risk, with allocations becoming increasingly conservative as the investor's retirement nears. This strategy is well-suited for individuals seeking a professionally managed, all-in-one solution tailored to a future retirement year. As of December 2024, the fund had approximately $406 million in assets and was recognized by Morningstar within the Target-Date 2040 category, earning a SILVER medal for its risk-adjusted performance metrics. With its diversified framework and glide path asset allocation, the BlackRock LifePath Dynamic 2040 Fund Class K plays a significant role in retirement planning for investors looking for long-term, outcome-oriented investment solutions.
Performance
LPSFX had a total return of 3.94% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.12%.
Top 10 Holdings
104.27% of assets| Name | Symbol | Weight |
|---|---|---|
| Mip Active Stock Master | n/a | 38.21% |
| BlackRock Diversified Fixed Income | BDVFX | 15.33% |
| Mip International Tilts Master Portfolio | n/a | 14.87% |
| iShares Core MSCI Emerging Markets ETF | IEMG | 7.67% |
| BlackRock Cash Funds Treasury SL Agency | XTSLA | 6.87% |
| BlackRock Tactical Opportunities Fund Class K Shares | PBAKX | 4.83% |
| iShares Broad USD Investment Grade Corporate Bond ETF | USIG | 4.44% |
| Micro E-mini S&P 500 Index Future June 25 | n/a | 4.22% |
| JPY/EUR Purchased | n/a | 3.92% |
| AUD/USD Purchased | n/a | 3.91% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 17, 2025 | $0.1821 | Jul 18, 2025 |
| Dec 24, 2024 | $1.52247 | Dec 26, 2024 |
| Jun 28, 2024 | $0.39429 | Jul 1, 2024 |
| Dec 22, 2023 | $0.60182 | Dec 26, 2023 |
| Sep 29, 2023 | $0.08762 | Oct 2, 2023 |
| Jun 30, 2023 | $0.10459 | Jul 3, 2023 |