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.
BlackRock Inflation Protected Bond Instl BPRIX
NAV / 1-Day Return
11.48
/
0.27
%
Total Assets
3.3 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.350%
Expense Ratio
0.440%
Fee Level
Below Average
Longest Manager Tenure
4.95
years
Category
Inflation-Protected Bond
Credit Quality / Interest Rate Sensitivity
High / ModerateMin. Initial Investment
2,000,000
Status
Open
TTM Yield
4.85%
Effective Duration
6.91
years
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will BPRIX 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 BPRIX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the BPRIX 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 BPRIX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A unique inflation-protected strategy with recent leadership changes.
