Morningstar

BlackRock Inflation Protected Bond Fund Institutional Shares BPRIX

Morningstar Medalist Rating
Medalist Rating as of | See BlackRock Investment Hub
  • NAV / 1-Day Return 9.58  /  0.00
  • Total Assets 1.7B
  • Adj. Expense Ratio
    0.340%
  • Expense Ratio 0.920%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category Inflation-Protected Bond
  • Credit Quality / Interest Rate Sensitivity High/Moderate
  • Min. Initial Investment 2M
  • Status Open
  • TTM Yield 5.08%
  • Effective Duration 6.84 years

USD | NAV as of Jul 21, 2026 | 1-Day Return as of Jul 21, 2026, 2:52 PM GMT+0

Morningstar’s Analysis BPRIX

Will BPRIX outperform in the 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.

Thoughtful, but new managers need time to settle in.

Principal Paul Olmsted

Paul Olmsted

Principal

Summary

BlackRock Inflation Protected Bond’s process hasn’t changed but its lead manager has, and that warrants caution and a reset of the strategy’s People rating to Average from Above Average.

by Paul Olmsted
Rated on Published on

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Portfolio Holdings BPRIX

More BPRIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings −2.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

1 Month SOFR Future Sept 27

12.54 219M
Government

Cash Offset

7.21 126M
—

3M Corra Jun 27

5.37 94M
Government

United States Treasury Notes

4.34 76M
Government

United States Treasury Notes

4.14 72M
Government

1 Month SOFR Future Mar 27

4.09 71M
Government

United States Treasury Notes

4.03 70M
Government

United States Treasury Notes

3.81 66M
Government

SWP: IFS 2.750000 11-MAR-2027 USC Receive

3.78 66M
Government

United States Treasury Notes

3.51 61M
Government

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