- What does STLAX invest in?
- This fund aims to achieve retirement outcomes by managing investments based on a quantitative assessment of risk. It dynamically allocates and reallocates its capital among a mix of equity, bond, and money market funds (referred to as "underlying funds"), as well as derivatives, with proportions determined by its comprehensive investment strategy. Generally, the fund manager intends to primarily invest in affiliated open-end mutual funds and associated exchange-traded funds (ETFs), some of which may be index-tracking. To further its investment objectives, and when consistent with its strategy, the fund may also engage in transactions involving options, futures, total return swaps, and foreign currency.
- What is the expense ratio of STLAX?
- BlackRock LifePath Retirement Portfolio Institutional (STLAX) charges an expense ratio of 0.59%. This is the annual fee deducted from fund assets to cover management and operations.
- What is STLAX's dividend yield?
- STLAX's trailing-twelve-month yield is 4.54%, calculated from the sum of dividends over the past year divided by the current price.
- How big is STLAX?
- BlackRock LifePath Retirement Portfolio Institutional (STLAX) manages $465.6M 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 STLAX actively managed or an index fund?
- STLAX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (STLAX's is 0.59%) in exchange for the discretion to over- or under-weight positions.
- When was STLAX launched?
- BlackRock LifePath Retirement Portfolio Institutional (STLAX) launched in March 1996 and is managed by BlackRock.
