# BlackRock LifePath Dynamic 2060 Inv A (LPDAX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/lpdax 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: Actively Managed · Inception: 2017-05-31 This actively managed fund strategically adjusts its holdings across various underlying investments, including equities, bonds, money market instruments, and derivatives. The portfolio manager typically concentrates investments within affiliated open-end funds and exchange-traded funds (ETFs), some of which may follow market indexes. This offering is specifically tailored for individuals anticipating retirement or starting to draw income from their assets around the year 2060. ## Key Facts | Metric | Value | |---|---| | Price | $19.02 | | Expense Ratio | 0.84% | | Assets Under Management | $177.3M | | NAV | $19.02 | | Holdings Count | 0 | | Distribution Yield (TTM) | 3.21% | | Annual Distribution (TTM) | $0.61 /share | | Distribution Frequency | Semi-Annual | | 52-Week Range | $16.14 – $19.57 | | Beta | 1.31 | ## Latest Distribution - Amount: $0.0906 /share - Ex-date: 2026-07-22 - Pay date: 2026-07-23 ## Frequently Asked Questions ### What does LPDAX invest in? This actively managed fund strategically adjusts its holdings across various underlying investments, including equities, bonds, money market instruments, and derivatives. The portfolio manager typically concentrates investments within affiliated open-end funds and exchange-traded funds (ETFs), some of which may follow market indexes. This offering is specifically tailored for individuals anticipating retirement or starting to draw income from their assets around the year 2060. ### What is the expense ratio of LPDAX? BlackRock LifePath Dynamic 2060 Inv A (LPDAX) charges an expense ratio of 0.84%. This is the annual fee deducted from fund assets to cover management and operations. ### What is LPDAX's dividend yield? LPDAX's trailing-twelve-month yield is 3.21%, calculated from the sum of dividends over the past year divided by the current price. ### How big is LPDAX? BlackRock LifePath Dynamic 2060 Inv A (LPDAX) manages $177.3M 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 LPDAX actively managed or an index fund? LPDAX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (LPDAX's is 0.84%) in exchange for the discretion to over- or under-weight positions. ### When was LPDAX launched? BlackRock LifePath Dynamic 2060 Inv A (LPDAX) launched in May 2017 and is managed by BlackRock. ### Does LPDAX pay a dividend? Yes, BlackRock LifePath Dynamic 2060 Inv A (LPDAX) distributes dividends to shareholders. The trailing-twelve-month yield is 3.21%. Full dividend history is on this page. ### How often does LPDAX pay dividends? BlackRock LifePath Dynamic 2060 Inv A 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 LPDAX's next ex-dividend date? The most recently announced ex-dividend date for LPDAX 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 LPDAX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.84% 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 LPDAX charge its expense ratio? The expense ratio is deducted in tiny daily slices from LPDAX'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 LPDAX cost more than a fund like VOO? LPDAX is actively managed (current expense ratio 0.84%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether LPDAX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to LPDAX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as LPDAX (0.84%) 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/lpdax - Distribution history: https://www.dividenddata.com/funds/lpdax/dividend - Holdings & diversification: https://www.dividenddata.com/funds/lpdax/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/lpdax/expenses - Peer comparison: https://www.dividenddata.com/funds/lpdax/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.