BlackRock LifePath Index 2035 Fund
BlackRock Funds III · Series S000032779
data updated 2026-08-10
Fund profile
As filed in the prospectus · 2026 Q2
The investment objective of BlackRock LifePath Index 2035 Fund (LifePath Index 2035 Fund or the Fund), a series of BlackRock Funds III (the Trust), is to seek to provide for retirement outcomes based on quantitatively measured risk. In pursuit of this objective, LifePath Index 2035 Fund will be broadly diversified across global asset classes, with asset allocations becoming more conservative over time.
The fund allocates assets among underlying equity index funds, bond index funds, and money market funds according to a custom benchmark index, employing a passive management approach to track that benchmark. The asset allocation shifts along a predetermined glide path, becoming progressively more conservative as the target retirement date of 2035 approaches, moving from 99% equities to 40% equities and 60% fixed income at the target date. The fund may periodically adjust the proportion of equity and fixed-income funds based on assessment of market conditions and risk characteristics, which could cause performance to diverge from its benchmark.
| Share class | Gross | Net |
|---|---|---|
| C000101146 | 0.42% | 0.39% |
| C000101147 | 0.17% | 0.14% |
| C000101148 | 0.12% | 0.09% |
| C000201972 | 0.42% | 0.39% |
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Portfolio turnover 19.00% · as of 2026 Q2
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q1
| Stocks | 99.72% |
| Cash & short-term | 0.27% |
Latest quarter
What changed since the fund's previous filing
New: BLACKROCK CASH FUNDS TREASURY SL AGENCY SHARES, BlackRock Funds III
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Feb 2026
Mar 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
This fund changed legal form during the period shown. The history above is continuous — it spans both eras, and the change is not a gap in reporting.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Value | Shares |
|---|---|---|---|---|
| — | RUSSEL 1000 LIFEPATH | 34.45% | $3.90B | 63.2M |
| — | iShares Core MSCI Total International Stock ETF | 21.77% | $2.47B | 28.5M |
| — | iShares US Intermediate Government Bond Index Fund/BlackRock | 12.28% | $1.39B | 139.7M |
| — | iShares US Securitized Bond Index Fund/BlackRock | 9.76% | $1.11B | 114.8M |
| — | iShares US Intermediate Credit Bond Index Fund/BlackRock | 7.76% | $879.25M | 87.0M |
| — | iShares US Long Government Bond Index Fund/BlackRock | 4.65% | $526.70M | 68.8M |
| — | iShares US Long Credit Bond Index Fund/BlackRock | 2.88% | $326.84M | 36.7M |
| — | iShares FTSE NAREIT All Equity REITs Index Fund | 2.53% | $286.74M | 29.8M |
| — | iShares Global Infrastructure ETF | 1.91% | $216.46M | 3.2M |
| — | SMALL CAP LIFEPATH | 1.02% | $116.04M | 3.2M |
Top 10 positions are 99.02% of net assets, top 25 99.99%, across 14 issuers.
See more of this fund's book
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