BlackRock Inflation-Protected Bond’s recently refreshed management team navigates the competitive inflation-protected bond sector with a sweeping approach, but it 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.
Will BPRAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable BPRAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the BPRAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of BPRAX’s parent organization’s priorities and whether they’re in line with investors’ interests.