BlackRock LifePath Index 2055 Fund

BlackRock Funds III

Target-date 2055 fund
$8.53B NAV
10 positions · as of 2026-06-30 · filed 2026-08-25

Fund classification

Classified from what the fund holds · as of 2026 Q2

BlackRock LifePath Index 2055 Fund is a target-date 2055 fund that tracks the LifePath Index 2055 Fund Custom Benchmark.

Asset class
Target-date
Region
United States
Management
Index (passive)
Fund type
Open-end fund
Target year
2055
Features
Fund of funds

Fund profile

As filed in the prospectus · 2026 Q2

The investment objective of BlackRock LifePath Index 2055 Fund (LifePath Index 2055 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 2055 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 custom benchmark and a predetermined glide path that shifts allocations toward fixed income as the target retirement date of 2055 approaches. The fund employs passive management, seeking to match the performance of its custom benchmark index, with at least 80% of assets in securities or instruments with economic characteristics similar to benchmark components. Asset allocations become progressively more conservative over time, moving from 99% equities more than 45 years before retirement to 40% equities at the target date. Because the fund invests through other funds rather than holding securities directly, its performance will reflect the performance of those underlying funds.

Expenses
0.09% 0.39%across 4 share classes
Share classGrossNet
C0001011580.43%0.39%
C0001011590.18%0.14%
C0001011600.13%0.09%
C0002019760.43%0.39%

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

Portfolio turnover 12.00% · as of 2026 Q2

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

Partial coverage
100.03%
of net assets
Stocks99.84%
Cash & short-term0.19%

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 2 new0 exited

New: iShares US Long Government Bond Index Fund/BlackRock, iShares US Intermediate Government Bond Index Fund/BlackRock

Return profile

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

1-year
+31.24%
3-year
+69.00%
5-year
+60.85%
Volatility
12.42%
Worst 3-yr fall
-9.88%
Cumulative return· Jul 2023 – Apr 2026

May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are 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 LIFEPATH55.63%$4.75B
iShares Core MSCI Total International Stock ETF37.40%$3.19B
SMALL CAP LIFEPATH3.58%$305.40M
iShares US Long Credit Bond Index Fund/BlackRockBLCBX1.92%$163.94M
iShares FTSE NAREIT All Equity REITs Index FundBREBX1.28%$109.64M
BLACKROCK CASH FUNDS TREASURY SL AGENCY SHARES0.16%$13.38M
BlackRock Funds III0.04%$2.95M
iShares US Long Government Bond Index Fund/BlackRockBLGBX0.01%$0.74M
iShares US Intermediate Credit Bond Index Fund/BlackRockBICBX0.01%$0.78M
iShares US Intermediate Government Bond Index Fund/BlackRockBIGBX0.01%$0.74M
Showing 10 of 10

Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.

Top 10 positions are 100.03% of net assets, top 25 100.03%, 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.

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