Fixed Income

BAIPX

iShares Short-Term TIPS Bond Index Fund

Overview

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Performance

Performance

Growth of Hypothetical $10,000

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Distributions

Record Date Ex-Date Payable Date
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  1y 3y 5y 10y Incept.
5.54 3.76 2.47 - 2.74
Benchmark (%) 5.95 4.19 2.84 - 3.11
Morningstar Category Avg. (%) 7.13 6.86 4.22 2.69 -
Morningstar Ranking 186/205 197/201 170/175 - -
Morningstar Quartile 4 4 4 - -
Lipper Ranking 178/198 188/194 165/170 - -
Lipper Quartile 4 4 4 - -
  YTD 1m 3m 1y 3y 5y 10y Incept.
2.57 -0.06 1.61 5.54 11.70 12.97 - 15.60
Benchmark (%) 2.78 0.03 1.69 5.95 13.10 15.04 - 17.90
Morningstar Category Avg. (%) 4.31 2.27 3.88 7.13 22.01 22.93 30.35 -
  2016 2017 2018 2019 2020
Total Return (%) - 0.77 0.22 4.39 4.64
Benchmark (%) - 0.88 0.59 4.85 5.07
Morningstar Category Avg. (%) 4.59 2.72 -1.64 7.92 10.01
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.

Key Facts

Key Facts

Size of Class (Millions) as of Sep 27, 2021 $1.6 M
Share Class launch date Feb 16, 2016
Asset Class Fixed Income
Size of Fund (Millions) as of Sep 27, 2021 $91.9 M
Morningstar Category Inflation-Protected Bond
Lipper Classification Infl Protected Bd Fds
Benchmark Index Bloomberg U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Years Ind
Distribution Frequency Monthly
CUSIP 09258N877
Max Offer Price as of Sep 27, 2021 $10.38
Open to New Investors Yes
Turnover Percent in the Annual Report 22%

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings as of Aug 31, 2021 18
Alpha (3y) as of Aug 31, 2021 -0.04
R-Squared (3y) as of Aug 31, 2021 99.41
30 Day SEC Yield as of Jun 30, 2021 8.63%
Fund Standard Deviation (3y) as of Aug 31, 2021 1.93
Beta (3y) as of Aug 31, 2021 1.01
Unsubsidized 30-Day SEC Yield as of Jun 30, 2021 8.26%
Effective Duration as of Aug 31, 2021 2.72 yrs
WAL to Worst as of Aug 31, 2021 2.75 yrs
Best 3-Month Return Over the Last 3 Years 3 months ending Aug 31, 2020 2.59%
Worst 3-Month Return Over the Last 3 Years 3 months ending Mar 31, 2020 -0.77%

For the latest month-end Distribution Yield, click here.


This information must be preceded or accompanied by a current prospectus. For standardized performance, please see the Performance section above.

Sustainability Characteristics

Sustainability Characteristics

Sustainability Characteristics can help investors integrate non-financial, sustainability considerations into their investment process. These metrics enable investors to evaluate funds based on their environmental, social, and governance (ESG) risks and opportunities. This analysis can provide insight into the effective management and long-term financial prospects of a fund.


The metrics below have been provided for transparency and informational purposes only. The existence of an ESG rating is not indicative of how or whether ESG factors will be integrated into a fund. The metrics are based on MSCI ESG Fund Ratings and, unless otherwise stated in fund documentation and included within a fund’s investment objective, do not change a fund’s investment objective or constrain the fund’s investable universe, and there is no indication that an ESG or Impact focused investment strategy or exclusionary screens will be adopted by a fund. For more information regarding a fund's investment strategy, please see the fund's prospectus.


Review the MSCI methodology behind Sustainability Characteristics, using links below.

MSCI ESG Fund Rating (AAA-CCC) as of Sep 07, 2021 A
MSCI ESG Quality Score (0-10) as of Sep 07, 2021 6.1
MSCI ESG Quality Score - Peer Percentile as of Sep 07, 2021 64.10%
MSCI ESG % Coverage as of Sep 07, 2021 100.00%
Fund Lipper Global Classification as of Sep 07, 2021 Bond USD Inflation Linked
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES) as of - -
Funds in Peer Group as of Sep 07, 2021 78
All data is from MSCI ESG Fund Ratings as of Sep 07, 2021, based on holdings as of May 31, 2021. As such, the fund’s sustainable characteristics may differ from MSCI ESG Fund Ratings from time to time.

To be included in MSCI ESG Fund Ratings, 65% of the fund’s gross weight must come from securities covered by MSCI ESG Research (certain cash positions and other asset types deemed not relevant for ESG analysis by MSCI are removed prior to calculating a fund’s gross weight; the absolute values of short positions are included but treated as uncovered), the fund’s holdings date must be less than one year old, and the fund must have at least ten securities. For newly launched funds, sustainability characteristics are typically available 6 months after launch.

Fees

Fees

Gross Expense Ratio 1.18%
Net Expense Ratio 0.36%

Net Expense Ratio excluding Investment Related Expenses is 0.36%

  • Acquired Fund Fees and Expenses 0.00%
  • Interest expense 0.00%

Ratings

Ratings

Lipper Leader

 
 
 
Overall Lipper Leaders ratings based on an equal-weighted average of percentile ranks for each measure over 3-, 5-, and 10-year periods (if applicable) and do not take into account the effects of sales charges for these categories (Consistent Return, Preservation, Total Return, Expense, and Tax Efficiency) as of Aug 31, 2021 out of 193, 6,158, 193, 105 and 193 Funds, respectively in Lipper's Infl Protected Bd Fds classification.

Holdings

Holdings

as of Aug 31, 2021
Name Weight (%)
UNITED STATES TREASURY 100.00

Exposure Breakdowns

Exposure Breakdowns

as of Aug 31, 2021

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
as of Aug 31, 2021

% of Market Value

Type Fund Benchmark Net
as of Aug 31, 2021

% of Market Value

Type Fund Benchmark Net
as of Aug 31, 2021

% of Market Value

Type Fund Benchmark Net
The fund itself has not been rated by an independent rating agency. Credit quality ratings on underlying securities of the fund are received from S&P, Moody’s and Fitch and converted to the equivalent S&P major rating category. This breakdown is provided by BlackRock and takes the median rating of the three agencies when all three agencies rate a security the lower of the two ratings if only two agencies rate a security and one rating if that is all that is provided. Unrated securities do not necessarily indicate low quality. Below investment-grade is represented by a rating of BB and below. Ratings and portfolio credit quality may change over time.

Negative weightings may result from specific circumstances (including timing differences between trade and settle dates of securities purchased by the funds) and/or the use of certain financial instruments, including derivatives, which may be used to gain or reduce market exposure and/or risk management.

Allocations are subject to change.

Portfolio Managers

Portfolio Managers

James Mauro
James Mauro
Karen Uyehara
Core Portfolio Manager, Systematic Fixed Income

  

Portfolio Manager