BlackRock LifePath Index 2050 Fund

BlackRock Funds III · Series S000032782

Equity fund · 100% stocks
$11.11B NAV
10 positions · as of 2026-03-31 · filed 2026-05-28
data updated 2026-08-17

Fund profile

As filed in the prospectus · 2026 Q2

The investment objective of BlackRock LifePath Index 2050 Fund (LifePath Index 2050 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 2050 Fund will be broadly diversified across global asset classes, with asset allocations becoming more conservative over time.

Strategy · summarised

The fund allocates its assets among affiliated equity index funds, bond index funds, and money market funds according to a predetermined glide path that shifts allocations toward fixed income as the 2050 target date approaches, beginning at 99% equities and 1% bonds and ending at 40% equities and 60% bonds. The fund tracks a custom benchmark index and seeks to match its performance through passive management of the underlying funds. The investment team may periodically adjust the equity and fixed-income proportions based on market conditions and risk assessments, which could cause the fund to diverge from its stated glide path targets.

Expenses
0.09% 0.39%across 4 share classes
Share classGrossNet
C0001011550.43%0.39%
C0001011560.18%0.14%
C0001011570.13%0.09%
C0002019750.43%0.39%

Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.

Portfolio turnover 13.00% · as of 2026 Q2

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q1

99.98%
of net assets
Stocks99.79%
Cash & short-term0.19%

Latest quarter

What changed since the fund's previous filing

2026Q1 vs 2025Q4: 1 new0 exited

New: BLACKROCK CASH FUNDS TREASURY SL AGENCY SHARES

Return profile

Total return as filed — price change plus distributions reinvested · trailing figures to Feb 2026

1-year
3-year
5-year
Volatility
Worst 3-yr fall
Cumulative return· Apr 2023 – 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

Issuer%NAVValue
RUSSEL 1000 LIFEPATH51.79%$5.75B
iShares Core MSCI Total International Stock ETF35.47%$3.94B
iShares US Long Credit Bond Index Fund/BlackRock3.93%$436.28M
SMALL CAP LIFEPATH3.24%$359.99M
iShares FTSE NAREIT All Equity REITs Index Fund2.76%$306.87M
iShares US Securitized Bond Index Fund/BlackRock1.72%$191.33M
iShares US Long Government Bond Index Fund/BlackRock0.38%$41.92M
iShares US Intermediate Government Bond Index Fund/BlackRock0.36%$39.86M
BLACKROCK CASH FUNDS TREASURY SL AGENCY SHARES0.19%$20.92M
iShares US Intermediate Credit Bond Index Fund/BlackRock0.15%$16.41M
Showing 10 of 10

Reported price is the fund's own reported value divided by its own reported shares at 2026-03-31 — not a live quote, and not what the fund paid.

Top 10 positions are 99.98% of net assets, top 25 99.98%, across 10 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

Sign in free