iShares TIPS Bond
Investment Strategy
The Fund seeks to track the investment results of the ICE U.S. Treasury Inflation Linked Bond Index (the “Underlying Index”), which tracks the performance of inflation-protected public obligations of the U.S. Treasury, commonly known as “TIPS,” that have a remaining maturity of more than one year. TIPS are securities issued by the U.S. Treasury that are designed to provide inflation protection to investors. TIPS are income-generating instruments whose interest and principal payments are adjusted for inflation — a sustained increase in prices that erodes the purchasing power of money. The inflation adjustment, which is typically applied monthly to the principal of the bond, follows a designated inflation index, the Consumer Price Index (“CPI”), and TIPS' principal payments are adjusted according to changes in the CPI. A fixed coupon rate is applied to the inflation-adjusted principal so that, as inflation rises, both the principal value and the interest payments increase. This can provide investors with a hedge against inflation, as it helps preserve the purchasing power of an investment. Because of this inflation adjustment feature, inflation-protected bonds typically have lower yields than conventional fixed-rate bonds.
Fees & Expenses
| Net Expense Ratio | 0.18% |
| Management Fee | 0.18% |
| Portfolio Turnover | 19% |
Reported Performance
Average annual returns as reported in the fund's most recent prospectus. Past performance does not guarantee future results.
| 1-Year Return | 6.71% |
| 5-Year Avg Annual | 0.89% |
| 10-Year Avg Annual | 2.90% |
Holdings
Top 10 holdings
| Name | Ticker | Weight | Value |
|---|---|---|---|
| U.S. Treasury Inflation Linked Notes | 4.07% | $562,469,369 | |
| U.S. Treasury Inflation Linked Notes | 4.01% | $553,987,635 | |
| U.S. Treasury Inflation Linked Notes | 3.77% | $520,753,865 | |
| U.S. Treasury Inflation Linked Notes | 3.59% | $496,929,723 | |
| U.S. Treasury Inflation Linked Notes | 3.39% | $469,402,869 | |
| U.S. Treasury Inflation Linked Notes | 3.38% | $467,067,189 | |
| U.S. Treasury Inflation Linked Notes | 3.35% | $463,790,108 | |
| U.S. Treasury Inflation Linked Notes | 3.34% | $461,316,548 | |
| U.S. Treasury Inflation Linked Notes | 3.32% | $458,831,471 | |
| U.S. Treasury Inflation Linked Notes | 3.27% | $452,749,689 |
Country
| Country | Weight |
|---|---|
| United States | 99.8% |
| Total | 99.8% |
Region
| Region | Weight |
|---|---|
| Americas | 99.8% |
| Total | 99.8% |
Market classification
| Market | Weight |
|---|---|
| Developed | 99.8% |
| Total | 99.8% |
Asset class
| Class | Weight |
|---|---|
| Debt | 99.5% |
| Short-term investment | 0.3% |
| Total | 99.8% |
Issuer type
| Type | Weight |
|---|---|
| US Treasury | 99.5% |
| Registered fund | 0.3% |
| Total | 99.8% |
Maturity
| Maturity | Weight |
|---|---|
| Under 1 year | 3.5% |
| 1-3 years | 25.1% |
| 3-5 years | 25.2% |
| 5-10 years | 32.0% |
| Over 10 years | 13.7% |
| No expiry | 0.3% |
| Total | 99.8% |