Fixed Income

BIIPX

iShares Short-Term TIPS Bond Index Fund

  • NAV as of Nov 05, 2025 $9.75
    52 WK: 9.58 - 9.84
  • 1 Day NAV Change as of Nov 05, 2025 -0.02 (-0.20%)
  • NAV Total Return as of Nov 05, 2025 YTD: 5.63%

Overview

Investment Approach

The BlackRock Short-Term Inflation-Protected Securities Index Fund seeks to track the investment results of an index composed of inflation-protected U.S. Treasury bonds with remaining maturities of less than five years.
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Performance

Performance

  1y 3y 5y 10y Incept.
Total Return (%) 5.56 5.37 3.65 - 3.15
Benchmark (%) 5.54 5.42 3.72 - 3.24
Morningstar Category Avg. (%) 5.48 5.40 3.52 - -
Morningstar Ranking 24/63 30/63 25/59 - -
Morningstar Quartile 2 2 2 - -
Lipper Ranking 31/220 54/198 28/184 - -
Lipper Quartile 1 2 1 - -
  YTD 1m 3m 1y 3y 5y 10y Incept.
Total Return (%) 5.69 -0.04 1.68 5.56 17.00 19.64 - 34.82
Benchmark (%) 5.66 -0.05 1.57 5.54 17.16 20.06 - 35.94
Morningstar Category Avg. (%) 5.95 -0.07 1.62 5.48 17.08 18.91 - -
  2020 2021 2022 2023 2024
Total Return (%) 4.89 5.18 -2.81 4.41 4.72
Benchmark (%) 5.07 5.34 -2.74 4.57 4.69
Morningstar Category Avg. (%) 6.15 5.78 -4.86 4.31 4.29

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.
Click here for Distribution data

Key Facts

Key Facts

Net Assets
as of Nov 05, 2025
$626,549,709
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
Short-Term Inflation-Protected Bond
CUSIP
09258N885
Open to New Investors
Yes
Net Assets of Fund
as of Nov 05, 2025
$1,160,675,699
Asset Class
Fixed Income
Distribution Frequency
Monthly
Lipper Classification
Infl Protected Bd Fds
Max Offer Price
as of Nov 05, 2025
$9.75
Turnover Percent in the Annual Report
as of Dec 31, 2024
18%

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of Sep 30, 2025
26
Alpha (3y)
as of Oct 31, 2025
0.00
Fund Standard Deviation (3y)
as of Oct 31, 2025
1.99
Average Coupon
as of Sep 30, 2025
1.02%
Weighted Average Life
as of Sep 30, 2025
2.45 yrs
Effective Duration
as of Sep 30, 2025
2.36 yrs
Worst 3-Month Return Over the Last 3 Years
3 months ending Jun 30, 2023
-0.67%
30 Day SEC Yield
as of Sep 30, 2025
2.85%
R-Squared (3y)
as of Oct 31, 2025
99.15
Beta (3y)
as of Oct 31, 2025
0.98
Unsubsidized 30-Day SEC Yield
as of Sep 30, 2025
2.85%
WAL to Maturity
as of Sep 30, 2025
2.45 yrs
Best 3-Month Return Over the Last 3 Years
3 months ending Mar 31, 2025
3.05%

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 0.13%
Net Expense Ratio 0.11%

Net Expense Ratio excluding Investment Related Expenses is 0.11%

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

Ratings

Ratings

Morningstar Medalist Rating

Morningstar Medalist Rating - BRONZE
Morningstar has awarded the Fund a Bronze medal. (Effective Sep 30, 2025)
Analyst-Driven % as of Sep 30, 2025
100.00
Data Coverage % as of Sep 30, 2025
100.00

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 Sep 30, 2025 out of 198, 6,065, 198, 248 and 198 Funds, respectively in Lipper's Infl Protected Bd Fds classification.

Holdings

Holdings

as of Sep 30, 2025
Name Weight (%)
UNITED STATES TREASURY 100.00
Name Market Value Weight (%) Quantity Maturity Coupon (%)
Detailed Holdings and Analytics
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 Sep 30, 2025

% of Market Value

Type Fund Benchmark Net
as of Sep 30, 2025

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
as of Sep 30, 2025

% of Market Value

Type Fund Benchmark Net
as of Sep 30, 2025

% of Market Value

Type Fund Benchmark Net
as of Sep 30, 2025

% 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.

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Carefully consider the Funds' investment objectives, risk factors, and charges and expenses before investing. This and other information can be found in the Funds' prospectuses or, if available, the summary prospectuses, which may be obtained by visiting the iShares ETF and BlackRock Fund prospectus pages. Read the prospectus carefully before investing. Investing involves risk, including possible loss of principal.

The Funds are distributed by BlackRock Investments, LLC (together with its affiliates, “BlackRock”).

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USR-9694

Portfolio Managers

Portfolio Managers

James Mauro
James Mauro
Jonathan Graves
Jonathan Graves
Marcus Tom
Marcus Tom
Portfolio Manager

This fund does not seek to follow a sustainable, impact or ESG investment strategy. For more information regarding the fund's investment strategy, please see the fund's prospectus or, as applicable, shareholder report.

Literature

Literature