BlackRock LifePath® Dynamic Retirement Fund Institutional Shares (STLAX)

Fund Assets	429.85M
Expense Ratio	0.59%
Min. Investment	$2,000,000
Turnover	n/a
Dividend (ttm)	1.04
Dividend Yield	11.44%
Dividend Growth	31.14%
Payout Frequency	n/a
Ex-Dividend Date	Dec 24, 2024

Previous Close	9.19
YTD Return	-0.97%
1-Year Return	3.51%
5-Year Return	27.67%
52-Week Low	8.81
52-Week High	10.00
Beta (5Y)	0.88
Holdings	96
Inception Date	Feb 25, 1994

About STLAX

The investment seeks to provide for retirement outcomes based on quantitatively measured risk. The fund allocates and reallocates its assets among a combination of equity, bond and money market funds (the "underlying funds") and derivatives in proportions based on its own comprehensive investment strategy. Under normal circumstances, the manager intends to invest primarily in affiliated open-end funds and affiliated exchange-traded funds ("ETFs"), some of which may be index funds. The fund may, when consistent with its investment goal, buy or sell options or futures, or enter into total return swaps and foreign currency transactions.

• Fund Family: BlackRock Funds III
• Category: Target-Date Retirement
• Stock Exchange: NASDAQ
• Ticker Symbol: STLAX
• Share Class: Institutional Shares
• Index: Index is not available on Lipper Database

Performance

STLAX had a total return of 3.51% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.88%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
LPSAX	Class K	0.34%
LPRAX	Investor A Shares	0.84%
LPRRX	Class R Shares	1.04%
LPCRX	Investor C Shares	1.59%

Top 10 Holdings

104.22% of assets

Name	Symbol	Weight
BlackRock Diversified Fixed Income	BDVFX	49.60%
Mip Active Stock Master	n/a	23.58%
iShares 0-5 Year TIPS Bond ETF	STIP	10.42%
Intl Tilts Master	n/a	4.20%
BlackRock Tactical Opportunities Fund Class K Shares	PBAKX	3.94%
E-mini S&P 500 Future Mar 25	n/a	3.88%
AUD/USD Purchased	n/a	2.72%
BlackRock Cash Funds Treasury SL Agency	XTSLA	2.03%
iShares MSCI EAFE Small-Cap ETF	SCZ	1.94%
Micro E-mini S&P 500 Index Future Mar 25	n/a	1.89%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 24, 2024	$0.26871	Dec 26, 2024
Oct 2, 2024	$0.2717	Oct 3, 2024
Jun 28, 2024	$0.49646	Jul 1, 2024
Dec 22, 2023	$0.62173	Dec 26, 2023
Sep 29, 2023	$0.07174	Oct 2, 2023
Jun 30, 2023	$0.06326	Jul 3, 2023