TIP - Snapshot
Vitals
- YTD Return -1.8%
- 3 Yr Annualized Return 6.2%
- 5 Yr Annualized Return 4.7%
- Net Assets $27.6 B
- Holdings in Top 10 51.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.19%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 53.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) N/A
- IRA N/A
Fund Classification
-
Primary Theme
TIPS
- Fund Type Exchange Traded Fund
- Investment Style Inflation-Protected Bond
TIP - Profile
Distributions
- YTD Total Return -1.4%
- 3 Yr Annualized Total Return 6.2%
- 5 Yr Annualized Total Return 4.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.29%
- Dividend Yield 0.4%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameiShares TIPS Bond ETF
-
Fund Family NameiShares
-
Inception DateDec 04, 2003
-
Shares Outstanding215700000
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerScott Radell
Fund Description
The fund generally invests at least 90% of its assets in the bonds of the underlying index and at least 95% of its assets in U.S. government bonds. It may invest up to 10% of its assets in U.S. government bonds not included in the underlying index, but which BFA believes will help the fund track the underlying index. It also may invest up to 5% of its assets in repurchase agreements collateralized by U.S. government obligations and in cash and cash equivalents.
TIP - Performance
Return Ranking - Trailing
Period | TIP Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -1.8% | -8.7% | 5.6% | 82.79% |
1 Yr | 8.9% | 2.5% | 18.1% | 36.74% |
3 Yr | 6.2%* | 1.1% | 12.0% | 25.36% |
5 Yr | 4.7%* | 1.4% | 9.8% | 31.50% |
10 Yr | 3.7%* | 1.2% | 7.3% | 13.64% |
* Annualized
Return Ranking - Calendar
Period | TIP Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 9.5% | -29.4% | 23.0% | 18.40% |
2019 | 6.4% | -47.0% | 16.7% | 17.22% |
2018 | -4.0% | -11.1% | -0.5% | 44.72% |
2017 | 0.8% | -2.8% | 6.6% | 43.96% |
2016 | 3.2% | 0.5% | 7.7% | 35.63% |
Total Return Ranking - Trailing
Period | TIP Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -1.4% | -8.5% | 5.6% | 73.02% |
1 Yr | 8.9% | 1.3% | 18.1% | 33.95% |
3 Yr | 6.2%* | 1.1% | 12.0% | 24.40% |
5 Yr | 4.7%* | 1.4% | 9.8% | 29.00% |
10 Yr | 3.7%* | 1.0% | 7.3% | 13.64% |
* Annualized
Total Return Ranking - Calendar
Period | TIP Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 9.5% | -29.4% | 23.0% | 18.40% |
2019 | 6.4% | 0.8% | 16.7% | 17.70% |
2018 | -4.0% | -9.9% | 0.6% | 61.81% |
2017 | 0.8% | -2.7% | 9.6% | 63.74% |
2016 | 3.2% | 0.5% | 10.4% | 55.75% |
TIP - Holdings
Concentration Analysis
TIP | Category Low | Category High | TIP % Rank | |
---|---|---|---|---|
Net Assets | 27.6 B | 8.26 M | 41.4 B | 3.69% |
Number of Holdings | 55 | 5 | 1120 | 76.04% |
Net Assets in Top 10 | 14.2 B | 2.42 M | 24.8 B | 2.30% |
Weighting of Top 10 | 51.39% | 10.4% | 99.4% | 47.09% |
Top 10 Holdings
- United States Treasury Notes 0.5% 7.70%
- United States Treasury Notes 0.63% 6.24%
- United States Treasury Notes 0.13% 6.15%
- United States Treasury Notes 0.13% 5.52%
- United States Treasury Notes 0.13% 4.50%
- United States Treasury Notes 0.13% 4.38%
- United States Treasury Bonds 0.75% 4.23%
- United States Treasury Notes 0.63% 4.23%
- United States Treasury Notes 0.13% 4.14%
- United States Treasury Notes 0.38% 3.76%
Asset Allocation
Weighting | Return Low | Return High | TIP % Rank | |
---|---|---|---|---|
Bonds | 97.67% | 55.55% | 141.57% | 34.10% |
Cash | 2.33% | -59.10% | 44.45% | 57.14% |
Stocks | 0.00% | 0.00% | 13.94% | 26.27% |
Preferred Stocks | 0.00% | 0.00% | 0.54% | 19.35% |
Other | 0.00% | -8.59% | 39.64% | 20.74% |
Convertible Bonds | 0.00% | 0.00% | 5.20% | 59.45% |
Bond Sector Breakdown
Weighting | Return Low | Return High | TIP % Rank | |
---|---|---|---|---|
Government | 95.78% | 19.21% | 100.00% | 25.35% |
Cash & Equivalents | 4.22% | 0.00% | 31.42% | 39.63% |
Derivative | 0.00% | 0.00% | 17.87% | 41.94% |
Securitized | 0.00% | 0.00% | 50.79% | 76.96% |
Corporate | 0.00% | 0.00% | 48.67% | 73.27% |
Municipal | 0.00% | 0.00% | 3.06% | 38.25% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | TIP % Rank | |
---|---|---|---|---|
US | 97.67% | 48.73% | 221.47% | 33.64% |
Non US | 0.00% | -96.23% | 39.10% | 69.12% |
TIP - Expenses
Operational Fees
TIP Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.19% | 0.01% | 22.01% | 89.27% |
Management Fee | 0.19% | 0.00% | 0.99% | 15.67% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.00% | 0.40% | N/A |
Sales Fees
TIP Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 4.75% | N/A |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
TIP Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | N/A | N/A | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
TIP Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 53.00% | 0.00% | 357.00% | 46.05% |
TIP - Distributions
Dividend Yield Analysis
TIP | Category Low | Category High | TIP % Rank | |
---|---|---|---|---|
Dividend Yield | 0.38% | 0.00% | 1.69% | 5.99% |
Dividend Distribution Analysis
TIP | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Semi-Annually | Monthly | Monthly |
Net Income Ratio Analysis
TIP | Category Low | Category High | TIP % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.29% | -0.02% | 3.82% | 68.37% |
Capital Gain Distribution Analysis
TIP | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Dividend Payout History
Date | Amount |
---|---|
May 07, 2020 | $0.298 |
Apr 07, 2020 | $0.176 |
Feb 07, 2020 | $0.127 |
Dec 26, 2019 | $0.109 |
Dec 06, 2019 | $0.104 |
Nov 07, 2019 | $0.020 |
Oct 07, 2019 | $0.196 |
Sep 09, 2019 | $0.060 |
Aug 07, 2019 | $0.270 |
Jul 08, 2019 | $0.612 |
Jun 07, 2019 | $0.639 |
May 07, 2019 | $0.035 |
Dec 24, 2018 | $0.184 |
Dec 07, 2018 | $0.155 |
Nov 07, 2018 | $0.091 |
Oct 05, 2018 | $0.102 |
Sep 10, 2018 | $0.386 |
Aug 07, 2018 | $0.468 |
Jul 09, 2018 | $0.431 |
Jun 07, 2018 | $0.336 |
May 07, 2018 | $0.499 |
Apr 06, 2018 | $0.292 |
Feb 07, 2018 | $0.021 |
Dec 28, 2017 | $0.156 |
Dec 07, 2017 | $0.501 |
Nov 07, 2017 | $0.218 |
Oct 06, 2017 | $0.048 |
Sep 08, 2017 | $0.237 |
Aug 07, 2017 | $0.217 |
Jul 10, 2017 | $0.292 |
Jun 07, 2017 | $0.259 |
May 05, 2017 | $0.284 |
Apr 07, 2017 | $0.155 |
Dec 07, 2016 | $0.244 |
Sep 08, 2016 | $0.418 |
Aug 05, 2016 | $0.461 |
Jul 08, 2016 | $0.512 |
Jun 07, 2016 | $0.036 |
Oct 07, 2015 | $0.062 |
Sep 08, 2015 | $0.308 |
Dec 05, 2014 | $0.060 |
Sep 08, 2014 | $0.194 |
Aug 07, 2014 | $0.356 |
Jul 08, 2014 | $0.344 |
Jun 06, 2014 | $0.655 |
May 07, 2014 | $0.258 |
Dec 06, 2013 | $0.090 |
Nov 07, 2013 | $0.118 |
Oct 07, 2013 | $0.047 |
Sep 09, 2013 | $0.103 |
Aug 07, 2013 | $0.070 |
Jul 08, 2013 | $0.149 |
Jun 07, 2013 | $0.293 |
May 07, 2013 | $0.311 |
Apr 05, 2013 | $0.080 |
Jan 02, 2013 | $0.009 |
Dec 07, 2012 | $0.485 |
Nov 07, 2012 | $0.292 |
Jul 09, 2012 | $0.354 |
Jun 07, 2012 | $0.804 |
May 07, 2012 | $0.426 |
Apr 09, 2012 | $0.324 |
Dec 07, 2011 | $0.241 |
Nov 07, 2011 | $0.360 |
Oct 07, 2011 | $0.173 |
Sep 08, 2011 | $0.010 |
Aug 05, 2011 | $0.581 |
Jul 08, 2011 | $0.755 |
Jun 07, 2011 | $1.049 |
May 06, 2011 | $0.594 |
Apr 07, 2011 | $0.582 |
Mar 07, 2011 | $0.274 |
Feb 07, 2011 | $0.164 |
Jan 04, 2011 | $0.263 |
Dec 07, 2010 | $0.179 |
Nov 05, 2010 | $0.255 |
Oct 07, 2010 | $0.135 |
Sep 08, 2010 | $0.030 |
Aug 06, 2010 | $0.192 |
Jul 08, 2010 | $0.281 |
Jun 07, 2010 | $0.541 |
May 07, 2010 | $0.163 |
Apr 08, 2010 | $0.442 |
Mar 05, 2010 | $0.005 |
Feb 05, 2010 | $0.208 |
Jan 05, 2010 | $0.239 |
Dec 07, 2009 | $0.208 |
Nov 06, 2009 | $0.342 |
Oct 07, 2009 | $0.047 |
Sep 08, 2009 | $0.920 |
Aug 07, 2009 | $0.429 |
Jul 08, 2009 | $0.389 |
Jun 05, 2009 | $0.371 |
May 07, 2009 | $0.623 |
Apr 07, 2009 | $0.474 |
Oct 07, 2008 | $0.800 |
Sep 08, 2008 | $0.815 |
Aug 07, 2008 | $0.934 |
Jul 08, 2008 | $0.727 |
Jun 06, 2008 | $0.826 |
May 07, 2008 | $0.444 |
Apr 07, 2008 | $0.632 |
Mar 07, 2008 | $0.516 |
Feb 07, 2008 | $0.561 |
Jan 03, 2008 | $0.531 |
Dec 07, 2007 | $0.425 |
Nov 07, 2007 | $0.320 |
Oct 05, 2007 | $0.415 |
Sep 10, 2007 | $0.440 |
Aug 07, 2007 | $0.445 |
Jul 09, 2007 | $0.437 |
Jun 07, 2007 | $0.447 |
May 07, 2007 | $0.386 |
Apr 09, 2007 | $0.369 |
Mar 07, 2007 | $0.278 |
Nov 07, 2006 | $0.563 |
Oct 06, 2006 | $0.456 |
Sep 08, 2006 | $0.572 |
Aug 07, 2006 | $0.562 |
Jul 10, 2006 | $0.556 |
Jun 07, 2006 | $0.554 |
May 05, 2006 | $0.495 |
Apr 07, 2006 | $0.515 |
Jan 06, 2006 | $0.376 |
Dec 07, 2005 | $1.190 |
Nov 07, 2005 | $0.432 |
Oct 07, 2005 | $0.313 |
Sep 08, 2005 | $0.417 |
Aug 05, 2005 | $0.673 |
Jul 08, 2005 | $0.687 |
Jun 07, 2005 | $0.612 |
May 06, 2005 | $0.419 |
Apr 07, 2005 | $0.297 |
Feb 07, 2005 | $0.162 |
Jan 06, 2005 | $0.575 |
Dec 07, 2004 | $0.273 |
Nov 05, 2004 | $0.168 |
Sep 08, 2004 | $0.426 |
Aug 06, 2004 | $0.540 |
Jul 08, 2004 | $0.412 |
Jun 07, 2004 | $0.687 |
May 07, 2004 | $0.544 |
Apr 07, 2004 | $0.520 |
Jan 12, 2004 | $0.117 |
TIP - Fund Manager Analysis
Managers
Scott Radell
Start Date
Tenure
Tenure Rank
Jul 01, 2010
10.59
10.6%
Scott Radell has been employed as managing director and portfolio manager with BlackRock Investment Management LLC and BlackRock Financial Advisers (formerly, Barclays Global Fund Advisors) and its predecessors since 2009. Mr. Radell served as a portfolio manager at Barclays Global Fund Advisors and its affiliates since 2004. Radell was a credit strategist from 2003 to 2004 before becoming a CoreAlpha Bond Portfolio Manager and prior to that he was employed by Morgan Stanley Asset Management as a credit analyst from 1996 to 2003.
James Mauro
Start Date
Tenure
Tenure Rank
Jul 01, 2011
9.59
9.6%
James Mauro has been employed by BlackRock Fund Advisors and BlackRock Institutional Trust Company, N.A. (“BTC”) as a portfolio manager since 2011. Prior to joining BTC, Mr. Mauro was a Vice President at State Street Global Advisors. His primary responsibilities include management of all government, inflation linked and derivative strategies. Other responsibilities include hedging and managing risk across all asset classes through futures and option overlays. James joined State Street Corporation in 1993. Previously, he worked as a portfolio manager on the passive team where he co-managed several Bond Index portfolios.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.16 | 19.18 | 7.03 | 9.77 |