Shareholder Report | 6 Months Ended |
Jun. 30, 2024 USD ($) Holding |
Shareholder Report [Line Items] | |
Document Type | N-CSRS |
Amendment Flag | false |
Registrant Name | BlackRock Funds |
Entity Central Index Key | 0000844779 |
Document Period End Date | Jun. 30, 2024 |
C000166149 [Member] | |
Shareholder Report [Line Items] | |
Fund Name | iShares Short-Term TIPS Bond Index Fund |
Class Name | Institutional Shares |
Trading Symbol | BIIPX |
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains important information about iShares Short-Term TIPS Bond Index Fund (the “Fund”) for the period of January 1, 2024 to June 30, 2024. |
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at blackrock.com/fundreports |
Additional Information Phone Number | (800) 441‑7762 |
Additional Information Website | blackrock.com/fundreports |
Expenses [Text Block] | What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment) Class name Costs of a $10,000 Costs paid as a percentage of a Institutional Shares $ 0.11 % |
Expenses Paid, Amount | $ 6 |
Expense Ratio, Percent | 0.11% |
Performance Past Does Not Indicate Future [Text] | Past performance is not an indication of future results. |
Average Annual Return [Table Text Block] | Average annual total returns 6-Month 1 Year 5 Years Since Institutional Shares 2.34 ) % 5.29 % 3.03 ) % 2.67 % ICE BofA US Broad Market Index (0.47 ) % 2.71 % (0.23 ) % 1.11 % Bloomberg U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Years Index (Series-L) 2.26 ) % 5.37 % 3.16 ) % 2.77 % |
Performance Inception Date | Feb. 16, 2016 |
No Deduction of Taxes [Text Block] | Performance results do not reflect the deduction of taxes that a shareholder would pay on fund distributions or on the redemption or sale of fund shares. |
Updated Performance Information Location [Text Block] | Visit blackrock.com |
Net Assets | $ 299,009,907 |
Holdings Count | Holding | 28 |
Investment Company Portfolio Turnover | 9% |
Additional Fund Statistics [Text Block] | Key Fund statistics Net Assets $ % Number of Portfolio Holdings $ % Portfolio Turnover Rate $ % |
Holdings [Text Block] | What did the Fund invest in? (as of June 30, 2024) Maturity allocation Period Percent of (a) 1-2 Years 23.0 % 2-3 Years 23.6 % 3-4 Years 27.0 % 4-5 Years 26.4 % Five largest holdings Security Percent of (a) U.S. Treasury Inflation-Indexed Notes, 2.38%, 10/15/28 5.6 % U.S. Treasury Inflation-Indexed Notes, 2.13%, 04/15/29 5.0 % U.S. Treasury Inflation-Indexed Notes, 0.38%, 07/15/25 4.9 % U.S. Treasury Inflation-Indexed Notes, 1.25%, 04/15/28 4.8 % U.S. Treasury Inflation-Indexed Notes, 1.63%, 10/15/27 4.8 % (a) Excludes short-term securities. |
Largest Holdings [Text Block] | Five largest holdings Security Percent of (a) U.S. Treasury Inflation-Indexed Notes, 2.38%, 10/15/28 5.6 % U.S. Treasury Inflation-Indexed Notes, 2.13%, 04/15/29 5.0 % U.S. Treasury Inflation-Indexed Notes, 0.38%, 07/15/25 4.9 % U.S. Treasury Inflation-Indexed Notes, 1.25%, 04/15/28 4.8 % U.S. Treasury Inflation-Indexed Notes, 1.63%, 10/15/27 4.8 % (a) Excludes short-term securities. |
C000166148 [Member] | |
Shareholder Report [Line Items] | |
Fund Name | iShares Short-Term TIPS Bond Index Fund |
Class Name | Investor A Shares |
Trading Symbol | BAIPX |
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains important information about iShares Short-Term TIPS Bond Index Fund (the “Fund”) for the period of January 1, 2024 to June 30, 2024. |
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at blackrock.com/fundreports |
Additional Information Phone Number | (800) 441‑7762. |
Additional Information Website | blackrock.com/fundreports. |
Expenses [Text Block] | What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment) Class name Costs of a $10,000 Costs paid as a percentage of a Investor A Shares $ 0.36 % |
Expenses Paid, Amount | $ 18 |
Expense Ratio, Percent | 0.36% |
Performance Past Does Not Indicate Future [Text] | Past performance is not an indication of future results. |
Average Annual Return [Table Text Block] | Average annual total returns 6-Month 1 Year 5 Years Since Investor A Shares 2.20 ) % 5.02 % 2.76 ) % 2.40 % ICE BofA US Broad Market Index (0.47 ) % 2.71 % (0.23 ) % 1.11 % Bloomberg U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Years Index (Series-L) 2.26 ) % 5.37 % 3.16 ) % 2.77 % |
Performance Inception Date | Feb. 16, 2016 |
No Deduction of Taxes [Text Block] | Performance results do not reflect the deduction of taxes that a shareholder would pay on fund distributions or on the redemption or sale of fund shares. |
Updated Performance Information Location [Text Block] | Visit blackrock.com |
Net Assets | $ 299,009,907 |
Holdings Count | Holding | 28 |
Investment Company Portfolio Turnover | 9% |
Additional Fund Statistics [Text Block] | Key Fund statistics Net Assets $ % Number of Portfolio Holdings $ % Portfolio Turnover Rate $ % |
Holdings [Text Block] | What did the Fund invest in? (as of June 30, 2024) Maturity allocation Period Percent of (a) 1-2 Years 23.0 % 2-3 Years 23.6 % 3-4 Years 27.0 % 4-5 Years 26.4 % Five largest holdings Security Percent of (a) U.S. Treasury Inflation-Indexed Notes, 2.38%, 10/15/28 5.6 % U.S. Treasury Inflation-Indexed Notes, 2.13%, 04/15/29 5.0 % U.S. Treasury Inflation-Indexed Notes, 0.38%, 07/15/25 4.9 % U.S. Treasury Inflation-Indexed Notes, 1.25%, 04/15/28 4.8 % U.S. Treasury Inflation-Indexed Notes, 1.63%, 10/15/27 4.8 % (a) Excludes short-term securities. |
Largest Holdings [Text Block] | Five largest holdings Security Percent of (a) U.S. Treasury Inflation-Indexed Notes, 2.38%, 10/15/28 5.6 % U.S. Treasury Inflation-Indexed Notes, 2.13%, 04/15/29 5.0 % U.S. Treasury Inflation-Indexed Notes, 0.38%, 07/15/25 4.9 % U.S. Treasury Inflation-Indexed Notes, 1.25%, 04/15/28 4.8 % U.S. Treasury Inflation-Indexed Notes, 1.63%, 10/15/27 4.8 % (a) Excludes short-term securities. |
C000166150 [Member] | |
Shareholder Report [Line Items] | |
Fund Name | iShares Short-Term TIPS Bond Index Fund |
Class Name | Class K Shares |
Trading Symbol | BKIPX |
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains important information about iShares Short-Term TIPS Bond Index Fund (the “Fund”) for the period of January 1, 2024 to June 30, 2024. |
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at blackrock.com/fundreports |
Additional Information Phone Number | (800) 441‑7762 |
Additional Information Website | blackrock.com/fundreports |
Expenses [Text Block] | What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment) Class name Costs of a $10,000 Costs paid as a percentage of a Class K Shares $ 0.06 % |
Expenses Paid, Amount | $ 3 |
Expense Ratio, Percent | 0.06% |
Performance Past Does Not Indicate Future [Text] | Past performance is not an indication of future results. |
Average Annual Return [Table Text Block] | Average annual total returns 6-Month 1 Year 5 Years Since Class K Shares 2.36 ) % 5.35 % 3.07 ) % 2.69 % ICE BofA US Broad Market Index (0.47 ) % 2.71 % (0.23 ) % 1.11 % Bloomberg U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Years Index (Series-L) 2.26 ) % 5.37 % 3.16 ) % 2.77 % |
Performance Inception Date | Feb. 16, 2016 |
No Deduction of Taxes [Text Block] | Performance results do not reflect the deduction of taxes that a shareholder would pay on fund distributions or on the redemption or sale of fund shares. |
Updated Performance Information Location [Text Block] | Visit blackrock.com |
Net Assets | $ 299,009,907 |
Holdings Count | Holding | 28 |
Investment Company Portfolio Turnover | 9% |
Additional Fund Statistics [Text Block] | Key Fund statistics Net Assets $ % Number of Portfolio Holdings $ % Portfolio Turnover Rate $ % |
Holdings [Text Block] | What did the Fund invest in? (as of June 30, 2024) Maturity allocation Period Percent of (a) 1-2 Years 23.0 % 2-3 Years 23.6 % 3-4 Years 27.0 % 4-5 Years 26.4 % Five largest holdings Security Percent of (a) U.S. Treasury Inflation-Indexed Notes, 2.38%, 10/15/28 5.6 % U.S. Treasury Inflation-Indexed Notes, 2.13%, 04/15/29 5.0 % U.S. Treasury Inflation-Indexed Notes, 0.38%, 07/15/25 4.9 % U.S. Treasury Inflation-Indexed Notes, 1.25%, 04/15/28 4.8 % U.S. Treasury Inflation-Indexed Notes, 1.63%, 10/15/27 4.8 % (a) Excludes short-term securities. |
Largest Holdings [Text Block] | Five largest holdings Security Percent of (a) U.S. Treasury Inflation-Indexed Notes, 2.38%, 10/15/28 5.6 % U.S. Treasury Inflation-Indexed Notes, 2.13%, 04/15/29 5.0 % U.S. Treasury Inflation-Indexed Notes, 0.38%, 07/15/25 4.9 % U.S. Treasury Inflation-Indexed Notes, 1.25%, 04/15/28 4.8 % U.S. Treasury Inflation-Indexed Notes, 1.63%, 10/15/27 4.8 % (a) Excludes short-term securities. |
C000195948 [Member] | |
Shareholder Report [Line Items] | |
Fund Name | iShares Municipal Bond Index Fund |
Class Name | Institutional Shares |
Trading Symbol | BIDIX |
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains important information about iShares Municipal Bond Index Fund (the “Fund”) for the period of January 1, 2024 to June 30, 2024. |
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at blackrock.com/fundreports |
Additional Information Phone Number | (800) 441‑7762 |
Additional Information Website | blackrock.com/fundreports |
Expenses [Text Block] | What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment) Class name Costs of a $10,000 Costs paid as a percentage of a Institutional Shares $ 0.25 % |
Expenses Paid, Amount | $ 12 |
Expense Ratio, Percent | 0.25% |
Performance Past Does Not Indicate Future [Text] | Past performance is not an indication of future results. |
Average Annual Return [Table Text Block] | Average annual total returns 6-Month 1 Year 5 Years 10 Years Institutional Shares (0.33 ) % 3.19 % 1.09 % 2.19 % ICE BofA US Municipal Securities Index (0.06 ) % 3.49 % 1.19 % 2.46 % |
No Deduction of Taxes [Text Block] | Performance results do not reflect the deduction of taxes that a shareholder would pay on fund distributions or on the redemption or sale of fund shares. |
Updated Performance Information Location [Text Block] | Visit blackrock.com |
Net Assets | $ 242,270,439 |
Holdings Count | Holding | 269 |
Investment Company Portfolio Turnover | 2% |
Additional Fund Statistics [Text Block] | Key Fund statistics Net Assets $ % Number of Portfolio Holdings $ % Portfolio Turnover Rate $ % |
Holdings [Text Block] | What did the Fund invest in? (as of June 30, 2024) Sector allocation Sector (a) Percent of (b) Transportation 29.5 % State 26.1 % County/City/Special District/School District 17.8 % Utilities 12.3 % Health 6.8 % Education 6.6 % Housing 0.9 % Credit quality allocation Credit Rating (c) Percent of (b) AAA/Aaa 21.8 % AA/Aa 59.3 % A 17.6 % BBB/Baa 0.5 % N/R 0.8 % (a) For purposes of this report, sector sub-classifications may differ from those utilized for compliance purposes. (b) Excludes short-term securities. (c) For purposes of this report, credit quality ratings shown above reflect the highest rating assigned by either S&P Global Ratings or Moody’s Investors Service, Inc. if ratings differ. These rating agencies are independent, nationally recognized statistical rating organizations and are widely used. Investment grade ratings are credit ratings of BBB/Baa or higher. Below investment grade ratings are credit ratings of BB/Ba or lower. Investments designated N/R are not rated by either rating agency. Unrated investments do not necessarily indicate low credit quality. Credit quality ratings are subject to change. |
Credit Ratings Selection [Text Block] | For purposes of this report, credit quality ratings shown above reflect the highest rating assigned by either S&P Global Ratings or Moody’s Investors Service, Inc. if ratings differ. These rating agencies are independent, nationally recognized statistical rating organizations and are widely used. Investment grade ratings are credit ratings of BBB/Baa or higher. Below investment grade ratings are credit ratings of BB/Ba or lower. Investments designated N/R are not rated by either rating agency. Unrated investments do not necessarily indicate low credit quality. Credit quality ratings are subject to change. |
C000195947 [Member] | |
Shareholder Report [Line Items] | |
Fund Name | iShares Municipal Bond Index Fund |
Class Name | Investor A Shares |
Trading Symbol | BIDAX |
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains important information about iShares Municipal Bond Index Fund (the “Fund”) for the period of January 1, 2024 to June 30, 2024. |
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at blackrock.com/fundreports |
Additional Information Phone Number | (800) 441‑7762 |
Additional Information Website | blackrock.com/fundreports |
Expenses [Text Block] | What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment) Class name Costs of a $10,000 Costs paid as a percentage of a Investor A Shares $ 0.50 % |
Expenses Paid, Amount | $ 25 |
Expense Ratio, Percent | 0.50% |
Performance Past Does Not Indicate Future [Text] | Past performance is not an indication of future results. |
Average Annual Return [Table Text Block] | Average annual total returns 6-Month 1 Year 5 Years 10 Years Investor A Shares (0.46 ) % 2.93 % 0.85 % 2.04 % ICE BofA US Municipal Securities Index (0.06 ) % 3.49 % 1.19 % 2.46 % |
No Deduction of Taxes [Text Block] | Performance results do not reflect the deduction of taxes that a shareholder would pay on fund distributions or on the redemption or sale of fund shares. |
Updated Performance Information Location [Text Block] | Visit blackrock.com |
Net Assets | $ 242,270,439 |
Holdings Count | Holding | 269 |
Investment Company Portfolio Turnover | 2% |
Additional Fund Statistics [Text Block] | Key Fund statistics Net Assets $ % Number of Portfolio Holdings $ % Portfolio Turnover Rate $ % |
Holdings [Text Block] | What did the Fund invest in? (as of June 30, 2024) Sector allocation Sector (a) Percent of (b) Transportation 29.5 % State 26.1 % County/City/Special District/School District 17.8 % Utilities 12.3 % Health 6.8 % Education 6.6 % Housing 0.9 % Credit quality allocation Credit Rating (c) Percent of (b) AAA/Aaa 21.8 % AA/Aa 59.3 % A 17.6 % BBB/Baa 0.5 % N/R 0.8 % (a) For purposes of this report, sector sub-classifications may differ from those utilized for compliance purposes. (b) Excludes short-term securities. (c) For purposes of this report, credit quality ratings shown above reflect the highest rating assigned by either S&P Global Ratings or Moody’s Investors Service, Inc. if ratings differ. These rating agencies are independent, nationally recognized statistical rating organizations and are widely used. Investment grade ratings are credit ratings of BBB/Baa or higher. Below investment grade ratings are credit ratings of BB/Ba or lower. Investments designated N/R are not rated by either rating agency. Unrated investments do not necessarily indicate low credit quality. Credit quality ratings are subject to change. |
Credit Ratings Selection [Text Block] | For purposes of this report, credit quality ratings shown above reflect the highest rating assigned by either S&P Global Ratings or Moody’s Investors Service, Inc. if ratings differ. These rating agencies are independent, nationally recognized statistical rating organizations and are widely used. Investment grade ratings are credit ratings of BBB/Baa or higher. Below investment grade ratings are credit ratings of BB/Ba or lower. Investments designated N/R are not rated by either rating agency. Unrated investments do not necessarily indicate low credit quality. Credit quality ratings are subject to change. |
C000201952 [Member] | |
Shareholder Report [Line Items] | |
Fund Name | iShares Municipal Bond Index Fund |
Class Name | Investor P Shares |
Trading Symbol | BIDPX |
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains important information about iShares Municipal Bond Index Fund (the “Fund”) for the period of January 1, 2024 to June 30, 2024. |
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at blackrock.com/fundreports |
Additional Information Phone Number | (800) 441‑7762 |
Additional Information Website | blackrock.com/fundreports |
Expenses [Text Block] | What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment) Class name Costs of a $10,000 Costs paid as a percentage of a Investor P Shares $ 0.50 % |
Expenses Paid, Amount | $ 25 |
Expense Ratio, Percent | 0.50% |
Performance Past Does Not Indicate Future [Text] | Past performance is not an indication of future results. |
Average Annual Return [Table Text Block] | Average annual total returns 6-Month 1 Year 5 Years 10 Years Investor P Shares (0.46 ) % 2.94 ) % 0.85 % 2.04 % Investor P Shares (with sales charge) (4.44 ) % (1.18 ) % 0.03 % 1.63 % ICE BofA US Municipal Securities Index (0.06 ) % 3.49 ) % 1.19 % 2.46 % |
No Deduction of Taxes [Text Block] | Performance results do not reflect the deduction of taxes that a shareholder would pay on fund distributions or on the redemption or sale of fund shares. |
Updated Performance Information Location [Text Block] | Visit blackrock.com |
Net Assets | $ 242,270,439 |
Holdings Count | Holding | 269 |
Investment Company Portfolio Turnover | 2% |
Additional Fund Statistics [Text Block] | Key Fund statistics Net Assets $ % Number of Portfolio Holdings $ % Portfolio Turnover Rate $ % |
Holdings [Text Block] | What did the Fund invest in? (as of June 30, 2024) Sector allocation Sector (a) Percent of (b) Transportation 29.5 % State 26.1 % County/City/Special District/School District 17.8 % Utilities 12.3 % Health 6.8 % Education 6.6 % Housing 0.9 % Credit quality allocation Credit Rating (c) Percent of (b) AAA/Aaa 21.8 % AA/Aa 59.3 % A 17.6 % BBB/Baa 0.5 % N/R 0.8 % (a) For purposes of this report, sector sub-classifications may differ from those utilized for compliance purposes. (b) Excludes short-term securities. (c) For purposes of this report, credit quality ratings shown above reflect the highest rating assigned by either S&P Global Ratings or Moody’s Investors Service, Inc. if ratings differ. These rating agencies are independent, nationally recognized statistical rating organizations and are widely used. Investment grade ratings are credit ratings of BBB/Baa or higher. Below investment grade ratings are credit ratings of BB/Ba or lower. Investments designated N/R are not rated by either rating agency. Unrated investments do not necessarily indicate low credit quality. Credit quality ratings are subject to change. |
Credit Ratings Selection [Text Block] | For purposes of this report, credit quality ratings shown above reflect the highest rating assigned by either S&P Global Ratings or Moody’s Investors Service, Inc. if ratings differ. These rating agencies are independent, nationally recognized statistical rating organizations and are widely used. Investment grade ratings are credit ratings of BBB/Baa or higher. Below investment grade ratings are credit ratings of BB/Ba or lower. Investments designated N/R are not rated by either rating agency. Unrated investments do not necessarily indicate low credit quality. Credit quality ratings are subject to change. |
C000195949 [Member] | |
Shareholder Report [Line Items] | |
Fund Name | iShares Municipal Bond Index Fund |
Class Name | Class K Shares |
Trading Symbol | BIDKX |
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains important information about iShares Municipal Bond Index Fund (the “Fund”) for the period of January 1, 2024 to June 30, 2024. |
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at blackrock.com/fundreports |
Additional Information Phone Number | (800) 441‑7762 |
Additional Information Website | blackrock.com/fundreports |
Expenses [Text Block] | What were the Fund costs for the last six months? (based on a hypothetical $10,000 investment) Class name Costs of a $10,000 Costs paid as a percentage of a Class K Shares $ 0.20 % |
Expenses Paid, Amount | $ 10 |
Expense Ratio, Percent | 0.20% |
Performance Past Does Not Indicate Future [Text] | Past performance is not an indication of future results. |
Average Annual Return [Table Text Block] | Average annual total returns 6-Month 1 Year 5 Years 10 Years Class K Shares (0.31 ) % 3.24 % 1.14 % 2.21 % ICE BofA US Municipal Securities Index (0.06 ) % 3.49 % 1.19 % 2.46 % |
No Deduction of Taxes [Text Block] | Performance results do not reflect the deduction of taxes that a shareholder would pay on fund distributions or on the redemption or sale of fund shares. |
Updated Performance Information Location [Text Block] | Visit blackrock.com |
Net Assets | $ 242,270,439 |
Holdings Count | Holding | 269 |
Investment Company Portfolio Turnover | 2% |
Additional Fund Statistics [Text Block] | Key Fund statistics Net Assets $ % Number of Portfolio Holdings $ % Portfolio Turnover Rate $ % |
Holdings [Text Block] | What did the Fund invest in? (as of June 30, 2024) Sector allocation Sector (a) Percent of (b) Transportation 29.5 % State 26.1 % County/City/Special District/School District 17.8 % Utilities 12.3 % Health 6.8 % Education 6.6 % Housing 0.9 % Credit quality allocation Credit Rating (c) Percent of (b) AAA/Aaa 21.8 % AA/Aa 59.3 % A 17.6 % BBB/Baa 0.5 % N/R 0.8 % (a) For purposes of this report, sector sub-classifications may differ from those utilized for compliance purposes. (b) Excludes short-term securities. (c) For purposes of this report, credit quality ratings shown above reflect the highest rating assigned by either S&P Global Ratings or Moody’s Investors Service, Inc. if ratings differ. These rating agencies are independent, nationally recognized statistical rating organizations and are widely used. Investment grade ratings are credit ratings of BBB/Baa or higher. Below investment grade ratings are credit ratings of BB/Ba or lower. Investments designated N/R are not rated by either rating agency. Unrated investments do not necessarily indicate low credit quality. Credit quality ratings are subject to change. |
Credit Ratings Selection [Text Block] | For purposes of this report, credit quality ratings shown above reflect the highest rating assigned by either S&P Global Ratings or Moody’s Investors Service, Inc. if ratings differ. These rating agencies are independent, nationally recognized statistical rating organizations and are widely used. Investment grade ratings are credit ratings of BBB/Baa or higher. Below investment grade ratings are credit ratings of BB/Ba or lower. Investments designated N/R are not rated by either rating agency. Unrated investments do not necessarily indicate low credit quality. Credit quality ratings are subject to change. |