LPHRX

About LPHRX

BlackRock LifePath Dynamic 2045 Fund Class R is a target-date mutual fund designed for investors planning to retire around the year 2045. Its primary function is to help participants achieve appropriate retirement outcomes through a sophisticated, quantitatively measured approach to risk management. The fund employs a globally diversified investment strategy, allocating across a mix of equities, fixed income, and other asset classes, with allocations that gradually become more conservative as the retirement target date nears. This fund invests predominantly in affiliated BlackRock open-end funds and ETFs, leveraging both active and passive management styles for broad diversification and adaptability to evolving market conditions. Its portfolio features exposure to U.S. large-cap equities, international markets—including small-cap and emerging markets—and a range of fixed income securities. The fund is regularly rebalanced to maintain a risk profile suitable for investors with a horizon matching the 2045 retirement date. As part of the widely recognized LifePath series, it serves as a foundational option in workplace retirement plans and individual retirement strategies, providing an automated, age-appropriate investment solution linked to a specific target retirement year.