iShares TIPS Bond ETF (NYSEARCA:TIP) Shows a 5.56% SEC Yield and 6.20-Year Duration

Sonal Goyal

27 October 2026 05:28 PM AEDT

iShares TIPS Bond ETF (NYSEARCA:TIP) Shows a 5.56% SEC Yield and 6.20-Year Duration

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Key Highlights

iShares TIPS Bond ETF (NYSEARCA:TIP) had net assets of about $14.63 billion and a NAV of $106.23 as of Oct 26, 2026.
The fund tracks the ICE U.S. Treasury Inflation Linked Bond Index with an expense ratio of 0.18%.
Its 30-day SEC yield was 5.56%, with monthly distributions.

The iShares TIPS Bond ETF (NYSEARCA:TIP) holds U.S. Treasury inflation-protected securities. As of Oct 26, 2026, net assets were about $14.63 billion and NAV was $106.23 per share.

Index and Investment Approach

The fund tracks the ICE U.S. Treasury Inflation Linked Bond Index and has traded since Dec 4, 2003. It charges 0.18%, more than the 0.03% charged by the shorter-dated iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP).

Portfolio Composition

The portfolio held 48 Treasury inflation-protected notes as of Oct 23, 2026. The largest were the 1.88% note due Jul 15, 2035 (4.07%), the 2.13% note due Jan 15, 2035 (3.99%) and the 1.88% note due Jan 15, 2036 (3.99%). Weighted average maturity was 7.03 years.

Real Yield and Distributions

Real yield was 2.66% and weighted average yield to maturity 4.88%. Distributions vary with inflation adjustments: the most recent payment was $0.784384 per share on Aug 6, 2026, and no distribution was recorded for the Sep 1 or Oct 1, 2026 ex-dates.

Yield and Distributions

The fund reported a 30-day SEC yield of 5.56% as of Oct 23, 2026 and a 12-month trailing yield of 4.43%. Distributions are paid monthly. The most recent distribution was $0.784384 per share, with an ex-date of Aug 3, 2026 and payment on Aug 6, 2026. iShares notes that distribution yield and trailing yield can vary from period to period for reasons such as tax treatment and changes in fund shares outstanding.

Portfolio Characteristics

As of Oct 23, 2026 the portfolio held 48 securities. Weighted average coupon was 1.31, weighted average maturity 7.03 years, effective duration 6.20 years and average yield to maturity 4.88% and convexity of 0.74. Real yield was 2.66%.

Concentration and Holdings Profile

48 securities were held as of Oct 23, 2026. The five largest positions listed on the fund page totalled about 19.24% of assets, leaving roughly 80.76% across the remaining holdings. That is a moderate level of concentration at the top of the portfolio. iShares notes that holdings are subject to change and that the weights shown are calculated from vendor prices, which may differ from the fund’s own valuation prices.

Fund Details at a Glance

The iShares TIPS Bond ETF (NYSEARCA:TIP) is an index-based fixed income fund that began trading on Dec 4, 2003. Its benchmark is the ICE U.S. Treasury Inflation Linked Bond Index, and it pays distributions monthly. As of Oct 26, 2026 it had 137.7 million shares outstanding and net assets of $14,627,948,063. An annual fee of 0.18% works out to $18 for every $10,000 held, before any brokerage commissions.

Risk Disclosures Noted by iShares

Fixed income risks include interest-rate and credit risk: when interest rates rise, the value of debt securities typically declines, and credit risk is the possibility that an issuer cannot make principal and interest payments. Because of the inflation adjustment feature, inflation-protected bonds typically have lower yields than conventional fixed rate bonds and will likely decline in price during periods of deflation, which could result in losses. Government backing applies only to government-issued securities, not to the fund. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency, and its return and yield will fluctuate with market conditions. Shares of ETFs are bought and sold at market price rather than NAV and are not individually redeemed from the fund, and brokerage commissions will reduce returns. Investing involves risk, including possible loss of principal.

Costs and Trading Details

The expense ratio is 0.18%. The fund is listed on NYSE Arca with 137.7 million shares outstanding and net assets of $14,627,948,063 as of Oct 26, 2026. The closing price was $106.31 as of Oct 26, 2026, against a NAV of $106.23 on Oct 26, and the premium/discount was 0.07. The 30-day median bid/ask spread was 0.01% and 30-day average volume was 1,994,126 shares.

Closing View

iShares TIPS Bond ETF (NYSEARCA:TIP) reported net assets of about $14.63 billion and 48 holdings, with its index, fees and distribution schedule as set out above. The monthly distribution schedule, 0.18% expense ratio and 0.01% median bid/ask spread are the main cost and income details reported for the fund.

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