# iShares S&P 500 Index Fund Investor A Shares (BSPAX): Mutual Fund Facts & Distributions

> Markdown mirror of https://www.dividenddata.com/funds/bspax for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice.

- Issuer: BlackRock · Asset class: Equity
- Strategy: Passive Index · Inception: 2013-04-11

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...

## Key Facts

| Metric | Value |
|---|---|
| Price | $885.69 |
| Expense Ratio | 0.35% |
| Assets Under Management | $60.08B |
| NAV | $885.69 |
| Holdings Count | 505 |
| Distribution Yield (TTM) | 1.33% |
| Annual Distribution (TTM) | $11.81 /share |
| Distribution Frequency | Quarterly |
| 52-Week Range | $739.07 – $908.21 |
| Beta | 1.00 |

## Latest Distribution

- Amount: $1.6166 /share
- Ex-date: 2026-09-30
- Pay date: 2026-10-01

## Frequently Asked Questions

### 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?

iShares S&P 500 Index Fund Investor A Shares (BSPAX) charges an expense ratio of 0.35%. This is the annual fee deducted from fund assets to cover management and operations.

### How big is BSPAX?

iShares S&P 500 Index Fund Investor A Shares (BSPAX) manages $60.08B 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 (BSPAX's is 0.35%) 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.

### 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.

### Does BSPAX pay a dividend?

iShares S&P 500 Index Fund Investor A Shares (BSPAX) currently distributes little or no income. Trailing-twelve-month yield is 1.33%. Investors looking for income should consider income-focused alternatives. See the Peers tab.

### How often does BSPAX pay dividends?

iShares S&P 500 Index Fund Investor A Shares pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page.

### What is BSPAX's dividend yield?

BSPAX's trailing-twelve-month yield is 1.33%, calculated from the sum of dividends over the past year divided by the current price.

### When is BSPAX's next ex-dividend date?

The most recently announced ex-dividend date for BSPAX was 2026-09-30. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page.

### How much will BSPAX's expense ratio cost me over 30 years?

On a $10,000 investment compounding at 7% gross return, a 0.35% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees.

### How does BSPAX charge its expense ratio?

The expense ratio is deducted in tiny daily slices from BSPAX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price.

### Why does BSPAX cost more than a fund like VOO?

BSPAX is a passive index fund (current expense ratio 0.35%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM).

### Are there cheaper alternatives to BSPAX?

The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as BSPAX (0.35%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want.

## More on Dividend Data

- Overview (HTML): https://www.dividenddata.com/funds/bspax
- Distribution history: https://www.dividenddata.com/funds/bspax/dividend
- Holdings & diversification: https://www.dividenddata.com/funds/bspax/diversification
- Fees & cheaper alternatives: https://www.dividenddata.com/funds/bspax/expenses
- Peer comparison: https://www.dividenddata.com/funds/bspax/peers

Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.