Morningstar

BlackRock LifePath® Dynamic 2045 Fund Institutional Shares LPHIX

Morningstar Medalist Rating
Medalist Rating as of | See BlackRock Investment Hub
  • NAV / 1-Day Return 21.85  /  +1.11 %
  • Total Assets 417.9M
  • Adj. Expense Ratio
    0.590%
  • Expense Ratio 0.480%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Target-Date 2045
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 1.29%
  • Turnover 21%

USD | NAV as of Jul 22, 2026 | 1-Day Return as of Jul 22, 2026, 12:11 AM GMT+0

Morningstar’s Analysis LPHIX

Will LPHIX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable LPHIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the LPHIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of LPHIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A pensive approach to a greener retirement.

Associate Director Elizabeth Foos

Elizabeth Foos

Associate Director

Summary

The BlackRock LifePath Dynamic target-date series stands out for its excellent team and innovative design.

by Elizabeth Foos
Rated on Published on

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Portfolio Holdings LPHIX

More LPHIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 85.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

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iShares Core MSCI Emerging Markets ETF

9.70 41M
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BlackRock Diversified Fixed Income

8.67 37M
—

Micro E-mini S&P 500 Index Future Sept 26

6.37 27M
—

BlackRock Cash Funds Treasury SL Agency

5.11 22M
Cash and Equivalents

BlackRock Tactical Opportunities K

4.93 21M
—

Cash Offset

4.80 20M
—

iShares Broad USD Invm Grd Corp Bd ETF

4.28 18M
—

Us 10Yr Note Sep 26

3.24 14M
Government

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