- What does BSPAX invest in?
- The primary goal of this fund is to replicate the overall return performance of the broad market of publicly traded common stocks, as measured by the Standard & Poor's 500® Index. Operating as a feeder fund, it channels all its capital into the MIP Master Portfolio, which shares identical investment objectives and strategies. At least 90% of its assets are directly invested in the constituent securities of the S&P 500 Index. Furthermore, the fund strives to mirror the individual stock weightings found within the S&P 500, meaning its allocation to each stock roughly corresponds to that stock's representation in the index.
- What is the expense ratio of BSPAX?
- An expense ratio for iShares S&P 500 Index Fund Investor A Shares (BSPAX) is not available from our data sources — neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.
- How big is BSPAX?
- iShares S&P 500 Index Fund Investor A Shares (BSPAX) manages $59.67B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is BSPAX actively managed or an index fund?
- BSPAX is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios because there's no security selection cost.
- When was BSPAX launched?
- iShares S&P 500 Index Fund Investor A Shares (BSPAX) launched in April 2013 and is managed by BlackRock / iShares.
- How has BSPAX performed?
- BSPAX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
