Fixed Income

BKIPX

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.
3.12 2.13 3.10 - 2.59
Benchmark (%) 3.20 2.25 3.20 - 2.68
Morningstar Ranking 20/215 15/203 33/195 - -
Morningstar Quartile 1 1 1 - -
Lipper Ranking 14/206 17/193 31/184 - -
Lipper Quartile 1 1 1 - -
  YTD 1m 3m 1y 3y 5y 10y Incept.
0.86 0.54 0.86 3.12 6.54 16.49 - 23.09
Benchmark (%) 0.85 0.63 0.85 3.20 6.90 17.08 - 23.94
  2019 2020 2021 2022 2023
Total Return (%) 4.72 4.87 5.19 -2.86 4.51
Benchmark (%) 4.85 5.07 5.34 -2.74 4.57
Morningstar Category Avg. (%) 5.40 6.15 5.78 -4.86 4.31

Performance is shown after deduction of ongoing charges. Any entry and exit charges are excluded from the calculation.

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

Net Assets
as of Jun 12, 2024
$168,721,079
Share Class launch date
Feb 16, 2016
Benchmark Index
Bloomberg U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Years Index (Series-L) (USD)
Morningstar Category
Inflation-Protected Bond
CUSIP
09258N869
Open to New Investors
Yes
Net Assets of Fund
as of Jun 12, 2024
$294,084,322
Asset Class
Fixed Income
Distribution Frequency
Monthly
Lipper Classification
Infl Protected Bd Fds
Max Offer Price
as of Jun 12, 2024
$9.52
Turnover Percent in the Annual Report
34.00%

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of May 31, 2024
27
Alpha (3y)
as of May 31, 2024
0.00
Fund Standard Deviation (3y)
as of May 31, 2024
3.10
Average Coupon
0.93%
Effective Duration
as of May 31, 2024
2.39 yrs
WAL to Maturity
as of May 31, 2024
2.50 yrs
Worst 3-Month Return Over the Last 3 Years
3 months ending Oct 31, 2022
-3.36%
30 Day SEC Yield
as of May 31, 2024
10.13%
R-Squared (3y)
99.00
Beta (3y)
as of May 31, 2024
0.96
Unsubsidized 30-Day SEC Yield
as of May 31, 2024
10.09%
WAL to Worst
as of May 31, 2024
2.50 yrs
Best 3-Month Return Over the Last 3 Years
3 months ending Jan 31, 2024
2.64%

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 provide investors with specific non-traditional metrics. Alongside other metrics and information, these enable investors to evaluate funds on certain environmental, social and governance characteristics. Sustainability Characteristics do not provide an indication of current or future performance nor do they represent the potential risk and reward profile of a fund. They are provided for transparency and for information purposes only. Sustainability Characteristics should not be considered solely or in isolation, but instead are one type of information that investors may wish to consider when assessing a fund. Learn more


This fund does not seek to follow a sustainable, impact or ESG investment strategy. The metrics do not change the fund’s investment objective or constrain the fund’s investable universe, and there is no indication that a sustainable, impact or ESG investment strategy will be adopted by the fund. For more information regarding the fund's investment strategy, please see the fund's prospectus.


Review the MSCI methodologies behind Sustainability Characteristics using the links below.

MSCI ESG Fund Rating (AAA-CCC)
as of May 19, 2024
A
MSCI ESG Quality Score (0-10)
as of May 19, 2024
5.9
Fund Lipper Global Classification
as of May 19, 2024
Bond USD Inflation Linked
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES)
as of -
-
MSCI ESG % Coverage
as of May 19, 2024
100.00%
MSCI ESG Quality Score - Peer Percentile
as of May 19, 2024
67.89%
Funds in Peer Group
as of May 19, 2024
109
MSCI Weighted Average Carbon Intensity % Coverage
as of May 19, 2024
0.00%
All data is from MSCI ESG Fund Ratings as of May 19, 2024, based on holdings as of Nov 30, 2023. 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% (or 50% for bond funds and money market funds) of the fund’s gross weight must come from securities with ESG coverage 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.

Fees

Fees

as of current prospectus
Gross Expense Ratio 0.18%
Net Expense Ratio 0.06%

Net Expense Ratio excluding Investment Related Expenses is 0.06%

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

Ratings

Ratings

Morningstar Rating

4 stars
Overall Morningstar Rating for iShares Short-Term TIPS Bond Index Fund, Class K, as of May 31, 2024 rated against 61 Inflation-Protected Bond Funds based on risk adjusted total return.

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 May 31, 2024 out of 193, 6,133, 193, 301 and 191 Funds, respectively in Lipper's Infl Protected Bd Fds classification.

Morningstar Medalist Rating

Morningstar Medalist Rating - SILVER
Morningstar has awarded the Fund a Silver medal. (Effective Mar 31, 2024)

Holdings

Holdings

as of May 31, 2024
Name Weight (%)
UNITED STATES TREASURY 100.00
Name Market Value Weight (%) Shares Maturity Coupon (%)
Holdings are subject to change. Fund holdings and allocations shown are unaudited, and may not be representative of current or future investments. Holdings shown should not be deemed as a recommendation to buy or sell securities. The user relies on this data at its own risk and neither BlackRock nor any other party makes any representations or express or implied warranties (which are expressly disclaimed) nor shall they incur any liability for any errors or omissions in the data.

Exposure Breakdowns

Exposure Breakdowns

as of May 31, 2024

% of Market Value

Type Fund Benchmark Net
as of May 31, 2024

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
as of May 31, 2024

% of Market Value

Type Fund Benchmark Net
as of May 31, 2024

% of Market Value

Type Fund Benchmark Net
as of May 31, 2024

% 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
Managing Director, Deputy Head of Index Fixed Income

  

Portfolio Manager

Literature

Literature

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