IRTR ETF — iShares LifePath Retirement ETF

iShares LifePath Retirement ETF (IRTR)

IRTR is a low-cost ETF. its distribution rate is 2.20%, its trailing-12-month yield is 3.15%, its expense ratio is 0.08%. Dividend Vision Distribution Safety Score™ is 94/100 (Safe). Total return is 40.3% over the past 2.9 years, 44.9 points behind SPY at 85.2%.

At the current 2.20% distribution rate, a $10,000 investment would generate approximately $220 per year, or $18.33 per month.

iShares LifePath Retirement ETF is an actively managed fund that allocates across a combination of underlying funds according to its own investment strategy, with a focus on fixed income assets. The fund carries a modest current distribution rate and distributes income monthly, with a very low expense ratio of 0.08%. It may appeal to income-focused investors seeking a diversified, professionally managed approach to retirement-oriented investing.

IRTR performance versus SPY

Price and return data through 2026-09-18.

Total return is 40.3% over the past 2.9 years, 44.9 points behind SPY at 85.2%. Over the past year its total return — price change plus distributions reinvested — is 6.5%. Its deepest 1-year drawdown was 4.8%.

IRTR key facts

Distribution Safety Score™

94 · Safe

Safety-Adjusted Yield

2.07%

Issuer

iShares

Asset type

ETF

Asset class

Fixed Income

Inception date

10/17/2023

Expense ratio

0.08%

Distribution rate

2.20%

Distribution frequency

Monthly

Trailing yield

3.15%

Last close

$31.58 (as of 2026-09-18)

NAV

$31.45

Premium / discount

0.41% premium

AUM

$59,258,547

Average volume

13600.0

Last dividend

$0.058

Last ex-dividend date

09/02/2026 (as of 2026-09-02)

Last payment date

09/08/2026 (as of 2026-09-08)

Beta

0.4439

P/E ratio

20.8954

How Dividend Vision calculates yield and returns

Distribution rate (2.20%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (3.15%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: iShares; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

IRTR risks and drawbacks

IRTR's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 4.8%.

Who may consider IRTR — and who may not

IRTR may suit someone looking for low-cost broad dividend exposure, a high Distribution Safety Score, moderate current income with a quality tilt. It is a weaker fit for investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

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