BlackRock LifePath Dynamic 2040 Fund (STLEX)
| Fund Assets | 498.39M |
| Expense Ratio | 0.59% |
| Min. Investment | $2,000,000 |
| Turnover | 19.00% |
| Dividend (ttm) | 1.66 |
| Dividend Yield | 8.73% |
| Dividend Growth | 55.95% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Jul 17, 2025 |
| Previous Close | 18.97 |
| YTD Return | 12.24% |
| 1-Year Return | 4.29% |
| 5-Year Return | 49.29% |
| 52-Week Low | 15.44 |
| 52-Week High | 19.23 |
| Beta (5Y) | 0.80 |
| Holdings | 35 |
| Inception Date | Mar 1, 1994 |
About STLEX
BlackRock LifePath Dynamic 2040 Fund Institutional Shares is a target-date mutual fund structured to help investors prepare for retirement around the year 2040. This multi-asset fund dynamically allocates investments across a diverse global portfolio, including equities, fixed income, and cash equivalents. Its unique glide path gradually shifts allocations to become more conservative as the target retirement date approaches, aiming to balance growth potential in earlier years with risk reduction nearing retirement. The fund leverages a mix of active, factor-based, and passive strategies to optimize outcomes and is managed by a team of experienced professionals at BlackRock. As of mid-2024, the fund managed approximately $345.9 million in assets and had a net expense ratio of 0.59%. It serves institutional investors seeking an age-appropriate risk profile, and its structure and strategy position it as a prominent choice among retirement-focused investment solutions, offering broad market exposure without guaranteeing principal at any time, including the target date.
Performance
STLEX had a total return of 4.29% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.75%.
Top 10 Holdings
104.72% of assets| Name | Symbol | Weight |
|---|---|---|
| DIVERSIFIED EQUITY MASTER MUTUAL FUNDS | n/a | 38.13% |
| BlackRock Diversified Fixed Income Fund | BDVFX | 14.76% |
| MASTER INVESTMENT PORTFOLIO - International Tilts Master Portfolio - International Tilts Master Portfolio | n/a | 14.44% |
| BlackRock Funds III - BlackRock Cash Funds: Institutional, SL Agency Shares | BISXX | 8.32% |
| iShares Core MSCI Emerging Markets ETF | IEMG | 7.72% |
| BLACKROCK CASH FUNDS TREASURY SL AGENCY SHARES - BlackRock Cash Funds: Treasury, SL Agency Shares | XTSLA | 7.17% |
| BlackRock Tactical Opportunities K | PBAKX | 4.63% |
| iShares Broad USD Investment Grade Corporate Bond ETF | USIG | 4.28% |
| BlackRock Real Estate Securities Fund | BIREX | 2.94% |
| iShares MSCI EAFE Small-Cap ETF | SCZ | 2.34% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 17, 2025 | $0.1821 | Jul 18, 2025 |
| Dec 24, 2024 | $1.4748 | Dec 26, 2024 |
| Jun 28, 2024 | $0.39429 | Jul 1, 2024 |
| Dec 22, 2023 | $0.59078 | Dec 26, 2023 |
| Sep 29, 2023 | $0.07742 | Oct 2, 2023 |
| Jun 30, 2023 | $0.09493 | Jul 3, 2023 |