iShares S&P 500 Index Fund Institutional Shares (BSPIX)
| Fund Assets | 54.03B |
| Expense Ratio | 0.10% |
| Min. Investment | $2,000,000 |
| Turnover | 9.00% |
| Dividend (ttm) | 13.19 |
| Dividend Yield | 1.66% |
| Dividend Growth | 42.50% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Dec 16, 2025 |
| Previous Close | 795.35 |
| YTD Return | -0.02% |
| 1-Year Return | 14.29% |
| 5-Year Return | 85.87% |
| 52-Week Low | 574.65 |
| 52-Week High | 812.01 |
| Beta (5Y) | n/a |
| Holdings | 512 |
| Inception Date | Apr 11, 2013 |
About BSPIX
The iShares S&P 500 Index Fund Institutional Shares is an open-end mutual fund designed to closely track the performance of the S&P 500 Index by investing primarily in the same large-cap U.S. equities that comprise the benchmark. The fund aims to mirror the index by holding at least 90% of its assets in S&P 500 securities, with each stock weighted proportionally to its index presence. This structure provides broad exposure to approximately 500 of the largest U.S. companies, representing about 80% of the U.S. equity market. Key industry sectors include technology, healthcare, financial services, and consumer cyclicals, with notable holdings such as Microsoft, Apple, NVIDIA, and Amazon. The fund features a competitively low expense ratio of 0.10%, making it cost-effective for institutional investors. It also maintains a low portfolio turnover and distributes dividends quarterly. With a minimum investment of $2 million, the fund is tailored for large-scale investors seeking diversified, passive exposure to U.S. large-cap stocks, and plays a significant role as a core equity allocation in institutional portfolios focused on long-term capital appreciation through broad market participation.
Performance
BSPIX had a total return of 14.29% in the past year, including dividends. Since the fund's inception, the average annual return has been 16.14%.
Top 10 Holdings
38.80% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 7.67% |
| Apple Inc. | AAPL | 6.80% |
| Microsoft Corporation | MSFT | 6.08% |
| Amazon.com, Inc. | AMZN | 3.80% |
| Alphabet Inc. | GOOGL | 3.08% |
| Broadcom Inc. | AVGO | 2.77% |
| Alphabet Inc. | GOOG | 2.47% |
| Meta Platforms, Inc. | META | 2.43% |
| Tesla, Inc. | TSLA | 2.14% |
| Berkshire Hathaway Inc. | BRK.B | 1.56% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 16, 2025 | $6.62155 | Dec 17, 2025 |
| Sep 30, 2025 | $2.15609 | Oct 1, 2025 |
| Jun 30, 2025 | $2.54148 | Jul 1, 2025 |
| Mar 31, 2025 | $1.87447 | Apr 1, 2025 |
| Dec 12, 2024 | $2.96887 | Dec 13, 2024 |
| Sep 30, 2024 | $2.0457 | Oct 1, 2024 |