LPSAX — BlackRock LifePath Dynamic Retirement Fund
Data updated: 2026-08-25
LPSAX — BlackRock LifePath Dynamic Retirement Fund. Target Date / Glide Path Allocation · $482.34M AUM. Holdings, fees, performance and SEC filings.
LPSAX Fund Overview
LPSAX — BlackRock LifePath Dynamic Retirement Fund is a US mutual fund managed by BlackRock Funds III, categorised as Target Date / Glide Path Allocation. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: BlackRock Funds III
- Category: Target Date / Glide Path Allocation
- Assets under management: $482.34M
- 1-year return: 11.5%
- Ticker: LPSAX
- SEC CIK: 0000893818
- SEC series ID: S000004280
- Share class ID: C000051483
LPSAX Holdings
Top 10 holdings of BlackRock LifePath Dynamic Retirement Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| BlackRock Diversified Fixed Income Fund | 41.25% |
| Diversified Equity Master | 24.47% |
| iShares 0-5 Year TIPS Bond ETF | 9.89% |
| MASTER INVESTMENT PORTFOLIO - International Tilts Master Portfolio | 7.64% |
| BlackRock Tactical Opportunities Fund | 5.12% |
| iShares Core MSCI Emerging Markets ETF | 4.21% |
| Blackrock Cash Funds Treasury Sl Agency Shares | 2.61% |
| iShares Global Infrastructure ETF | 1.73% |
| iShares MSCI EAFE Small-Cap ETF | 1.29% |
| BlackRock Funds III | 1.18% |
LPSAX Portfolio Allocation
Asset-class allocation of BlackRock LifePath Dynamic Retirement Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 96.1% |
| Cash & Equivalents | 3.8% |
LPSAX Performance
Total returns for LPSAX (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 5.6% |
| 1 year | 11.5% |
| 3 years (annualised) | 10.6% |
| 5 years (annualised) | 4.8% |
LPSAX Risk Information
Risk metrics for LPSAX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 6.2%
LPSAX Costs and Fees
LPSAX costs about $34 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.34%
- Gross expense ratio: 0.52%
- Portfolio turnover: 17%
- Brokerage commissions: 0.69 bps of average net assets (SEC N-CEN)
LPSAX Cashflows
Over the 12 months to 2026-06, BlackRock LifePath Dynamic Retirement Fund had net outflows of $9.42M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$14.78M |
| 2026-05 | −$947.19K |
| 2026-04 | −$2.16M |
| 2026-03 | −$1.81M |
| 2026-02 | −$28.86M |
| 2026-01 | $1.69M |
LPSAX Debt Constituents
No individual debt constituents are reported in BlackRock LifePath Dynamic Retirement Fund's latest SEC N-PORT filing.
LPSAX Prospectus and SEC Filings
Official BlackRock LifePath Dynamic Retirement Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-30
- Prospectus supplement (497) — filed 2025-06-09
- Prospectus supplement (497) — filed 2025-05-05
- Portfolio holdings (N-PORT) — filed 2026-08-25
- Portfolio holdings (N-PORT) — filed 2026-05-28
- Portfolio holdings (N-PORT) — filed 2026-02-24
- Annual census (N-CEN) — filed 2026-03-16
- Annual census (N-CEN) — filed 2025-03-17
Related Funds
Other Target Date / Glide Path Allocation funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.