Morningstar

BlackRock LifePath ESG Index 2065 Fund Class K LEWKX

Medalist Rating as of Aug 31, 2026 See BlackRock Investment Hub

Strategy

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 and bond index funds, including those that seek to maximize exposure to companies with higher environmental, social and governance ("ESG") ratings as measured by MSCI, Inc., and money market funds in proportions based on its own comprehensive investment strategy. Under normal circumstances, it invests primarily in affiliated open-end index funds and affiliated ETFs. The fund is designed for investors expecting to retire or to begin withdrawing assets around the year 2065.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
LEWAX	BlackRock LifePath ESG Index 2065 Fund Investor A	No Load	Open			Aug 18, 2020	$1.35M	0.500%	Average	$1,000	−$556,928.75
LEWIX	BlackRock LifePath ESG Index 2065 Fund Institutional	Institutional	Open			Aug 18, 2020	$282,018.00	0.250%	Below Average	$2M	$456.18
LEWKX	BlackRock LifePath ESG Index 2065 Fund Class K	Retirement, Large	Open			Aug 18, 2020	$2.60M	0.200%	Low	$5M	−$2.08M

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