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

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  1y 3y 5y 10y Incept.
4.72 3.01 - - 2.65
Benchmark (%) 4.89 3.10 - - 2.72
Morningstar Category Avg. (%) 8.12 4.75 3.84 2.66 -
Morningstar Ranking 186/200 168/191 - - -
Morningstar Quartile 4 4 - - -
Lipper Ranking 180/209 160/198 - - -
Lipper Quartile 4 4 - - -
  YTD 1m 3m 1y 3y 5y 10y Incept.
3.56 -0.16 1.72 4.72 9.31 - - 12.84
Benchmark (%) 3.71 -0.15 1.75 4.89 9.60 - - 13.23
Morningstar Category Avg. (%) 7.36 -0.51 0.26 8.12 14.94 20.76 29.97 -
  2015 2016 2017 2018 2019
Total Return (%) - - 0.89 0.60 4.72
Benchmark (%) - - 0.88 0.59 4.85
Morningstar Category Avg. (%) -2.36 4.59 2.72 -1.64 7.92
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 Nov 27, 2020 $35.7 M
Size of Fund (Millions) as of Nov 27, 2020 $53.1 M
Share Class launch date Feb 16, 2016
Asset Class Fixed Income
Morningstar Category Inflation-Protected Bond
Lipper Classification Infl Protected Bd Fds
Benchmark Index BBG Barc US TIPS 0-5 Years Index
CUSIP 09258N869
Distribution Frequency Monthly
Number of Holdings as of Oct 30, 2020 18
Max Offer Price as of Nov 27, 2020 $10.24
Open to New Investors Yes
Turnover Percent in the Annual Report 45%

Portfolio Characteristics

Portfolio Characteristics

30 Day SEC Yield as of Oct 31, 2020 3.42%
Unsubsidized 30-Day SEC Yield as of Oct 31, 2020 3.04%
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 -0.69%
Effective Duration as of Oct 30, 2020 2.67 yrs
Nominal WAL as of Oct 30, 2020 2.69 yrs

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.

Fees

Fees

as of current prospectus
Gross Expense Ratio 2.14%
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

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 Oct 31, 2020 out of 198, 6,065, 198, 282 and 198 Funds, respectively in Lipper's Infl Protected Bd Fds classification.

Holdings

Holdings

as of Oct 30, 2020
Name Weight (%)
UNITED STATES TREASURY 100.00

Exposure Breakdowns

Exposure Breakdowns

as of Oct 30, 2020

% of Market Value

Type Fund Benchmark Net
as of Oct 30, 2020

% of Market Value

Type Fund Benchmark Net
as of Oct 30, 2020

% 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

Scott Radell
Head of Core Portfolio Management, Systematic Fixed Income

  

James Mauro
James Mauro
Portfolio Manager

Literature

Literature

 

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