Highlights

  • TIP seeks exposure to US Treasury inflation-protected securities.
  • The fund reports NAV of USD 106.34 as of 2 November 2026.
  • TIP lists an expense ratio of 0.18% and distributes monthly.

iShares TIPS Bond ETF (NYSE Arca:TIP) seeks to track US Treasury inflation-protected securities. Its NAV stood at USD 106.34 as of 2 November 2026. Net Assets totalled USD 14,600,153,409 as of 2 November 2026.

Inflation Adjustments Within a Treasury Portfolio

TIP tracks the ICE U.S. Treasury Inflation Linked Bond Index. The benchmark tracks inflation-protected Treasury obligations with remaining maturities beyond one year. Principal adjusts with the designated consumer price index, while a fixed coupon is applied to that adjusted principal. The structure ties the securities’ cash flows to inflation without removing Interest Rate sensitivity.

The fund uses representative sampling, selecting investments intended to resemble the benchmark’s overall characteristics. It may therefore hold a different collection of securities from the index while seeking a similar Investment profile.

Portfolio Composition and Exposure

TIP reported 49 holdings as of 30 October 2026. Its allocation by Market Value included Treasuries at 99.76% and Cash and/or Derivatives at 0.24% as of 30 October 2026.

The portfolio’s effective duration was 6.33 yrs as of 30 October 2026. Weighted average Maturity was 7.18 yrs as of 30 October 2026.

Duration measures sensitivity to interest rate changes. Maturity describes the timing of principal repayments, while cash-flow patterns and embedded Options can make the two measures differ. These characteristics describe the bond portfolio rather than a fixed outcome for shareholders.

The fact sheet dated 30 September 2026 recorded Credit allocations including AA Rated at 100.00%. These classifications describe underlying securities at that date; ratings and portfolio credit quality can change.

Fees and Distribution Policy

The published expense ratio is 0.18%. Distributions are scheduled monthly.

The 30-day SEC Yield was 6.47% as of 30 October 2026. This standardised income measure reflects the fund’s recent income after expenses; it is separate from changes in the market value of its shares.

The prospectus notes that brokerage commissions and other intermediary charges may apply separately. Fund shares trade at market prices, which can differ from NAV, so the stated NAV does not establish the price of every exchange transaction.

Key Insights

Inflation adjustments can change the income generated by the underlying bonds. Market interest rates and real yields can also affect valuations, so inflation protection in the securities does not imply a stable fund NAV.