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Morningstar

BlackRock Inflation Protected Bond K BPLBX

Morningstar Analyst Rating
Analyst rating as of
  • NAV / 1-Day Return 9.88  /  0.61 %
  • Total Assets 2.7 Bil
  • Adj. Expense Ratio
    0.330%
  • Expense Ratio 0.300%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category Inflation-Protected Bond
  • Credit Quality / Interest Rate Sensitivity High / Limited
  • Min. Initial Investment 5,000,000
  • Status Open
  • TTM Yield 7.71%
  • Effective Duration 0.03 years

USD | NAV as of Feb 01, 2023 | 1-Day Return as of Feb 01, 2023, 11:20 PM GMT+00:00

Morningstar’s Analysis BPLBX

Will BPLBX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable BPLBX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the BPLBX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of BPLBX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Turnover has settled, but the strategy does not demonstrate a consistent, inflation-focused edge.

Senior Analyst

Summary

| by R.J. D'Ancona

BlackRock Inflation-Protected Bond’s management team has broad responsibilities and its multi-levered approach to inflation protection does not offer a consistent edge compared with low-cost passive offerings. Its cheaper share classes earn a Morningstar Analyst Rating of Neutral, while its most expensive is rated Negative.

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