That's all I get for a July distribution for $121/share invested? A lousy 7 cents?! And for that, this MF dropped more than 7% in the last two months?!
The TIP ETF is a scam. I bought the iShares 1-3 Year Credit Bond ETF, symbol CSJ, for less money, about $105/share, I received a July distribution of 9 cents, and guess what, it didn't drop barely at all over the last two months. It's still trading around $105.
The whole point of going out into longer-term bonds is to get a better yield, right? And this MF is supposed to be more desirable because it's inflation protected. So where's the yield?!?!