LPSAX – BlackRock LifePath® Dyn Retirement K Investment Strategy | Morningstar

Morningstar

Strategy

The investment seeks to provide for retirement outcomes based on quantitatively measured risk. The fund advisor allocates and reallocates the fund's 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.

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
LPRAX	BlackRock LifePath® Dynamic Retirement Fund Investor A Shares	No Load	Open			Apr 30, 2001	$122.34M	0.840%	High	$1,000	−$14.76M
STLAX	BlackRock LifePath® Dynamic Retirement Fund Institutional Shares	Institutional	Open			Mar 1, 1994	$33.74M	0.590%	High	$2M	−$6.06M
LPCRX	BlackRock LifePath® Dynamic Retirement Fund Investor C Shares	Level Load	Open			May 3, 2010	$2.46M	1.590%	High	$1,000	−$12,952.56
LPSAX	BlackRock LifePath® Dynamic Retirement Fund Class K Shares	Retirement, Large	Open			May 30, 2008	$289.32M	0.340%	Average	$5M	−$50.66M
LPRRX	BlackRock LifePath® Dynamic Retirement Fund Class R Shares	Retirement, Medium	Open			May 3, 2010	$13.85M	1.040%	Above Average	$100	−$1.18M

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