# BlackRock LifePath Index 2045 Fund (LIHKX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/lihkx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: BlackRock · Asset class: Multi-Asset - Strategy: Passive Index · Inception: 2011-05-31 The fund strategically invests its capital across a diversified mix of underlying investments, specifically equity index funds, bond index funds, and money market funds. These allocations are dynamically adjusted according to the fund's comprehensive investment strategy. Under typical market conditions, the fund commits a substantial portion—at least 80%—of its total assets to securities and financial instruments that either constitute components of, or share similar economic traits with, those found in its specific custom benchmark: the LifePath Index 2045 Fund Custom Benchmark. ## Key Facts | Metric | Value | |---|---| | Price | $28.54 | | Expense Ratio | 0.09% | | Assets Under Management | $11.42B | | NAV | $28.54 | | Holdings Count | 0 | | Distribution Yield (TTM) | 2.62% | | Annual Distribution (TTM) | $0.75 /share | | Distribution Frequency | Semi-Annual | | 52-Week Range | $24.84 – $29.20 | | Beta | 1.19 | ## Latest Distribution - Amount: $0.0251 /share - Ex-date: 2026-07-22 - Pay date: 2026-07-23 ## Frequently Asked Questions ### What does LIHKX invest in? The fund strategically invests its capital across a diversified mix of underlying investments, specifically equity index funds, bond index funds, and money market funds. These allocations are dynamically adjusted according to the fund's comprehensive investment strategy. Under typical market conditions, the fund commits a substantial portion—at least 80%—of its total assets to securities and financial instruments that either constitute components of, or share similar economic traits with, those found in its specific custom benchmark: the LifePath Index 2045 Fund Custom Benchmark. ### What is the expense ratio of LIHKX? BlackRock LifePath Index 2045 Fund (LIHKX) charges an expense ratio of 0.09%. This is the annual fee deducted from fund assets to cover management and operations. ### What is LIHKX's dividend yield? LIHKX's trailing-twelve-month yield is 2.62%, calculated from the sum of dividends over the past year divided by the current price. ### How big is LIHKX? BlackRock LifePath Index 2045 Fund (LIHKX) manages $11.42B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is LIHKX actively managed or an index fund? LIHKX is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (LIHKX's is 0.09%) because there's no security selection cost. ### When was LIHKX launched? BlackRock LifePath Index 2045 Fund (LIHKX) launched in May 2011 and is managed by BlackRock. ### Does LIHKX pay a dividend? Yes, BlackRock LifePath Index 2045 Fund (LIHKX) distributes dividends to shareholders. The trailing-twelve-month yield is 2.62%. Full dividend history is on this page. ### How often does LIHKX pay dividends? BlackRock LifePath Index 2045 Fund pays dividends Semi-Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is LIHKX's next ex-dividend date? The most recently announced ex-dividend date for LIHKX was 2026-07-22. The next ex-date typically follows Semi-Annual; once announced it appears at the top of the dividend history table on this page. ### How much will LIHKX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.09% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does LIHKX charge its expense ratio? The expense ratio is deducted in tiny daily slices from LIHKX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does LIHKX cost more than a fund like VOO? LIHKX is a passive index fund (current expense ratio 0.09%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to LIHKX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as LIHKX (0.09%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/lihkx - Distribution history: https://www.dividenddata.com/funds/lihkx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/lihkx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/lihkx/expenses - Peer comparison: https://www.dividenddata.com/funds/lihkx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.