The BlackRock LifePath Dynamic target-date series features a standout management roster highlighted by a veteran tactical allocation manager and a deeply resourced and forward-thinking asset-allocation team. The series' lineup consists of a strong cast of underlying active equity and bond managers, which also contribute to its People rating upgrade to High from Above Average. As a result, the series' cheapest share class' Morningstar Analyst Rating has been upgraded to Silver from Bronze, and its second-cheapest share class moves to Bronze from Neutral. High fees keep the remaining share classes at Neutral.
BlackRock LifePath® Dyn 2045 Instl LPHIX
NAV / 1-Day Return
19.11
/
0.10
%
Total Assets
110.6 Mil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.650%
Expense Ratio
0.650%
Fee Level
High
Longest Manager Tenure
4.72
years
Category
Target-Date 2045
Investment Style
Large BlendCredit Quality / Interest Rate Sensitivity
Medium / ModerateStatus
Open
TTM Yield
1.68%
Turnover
26%
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will LPHIX outperform in 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.
BlackRock's best thinking for target-date investing.
