Four New iShares Fixed-Income Exchange-Traded Funds Assigned Ratings - S&P Global Ratings’ Credit Research

Four New iShares Fixed-Income Exchange-Traded Funds Assigned Ratings

Four New iShares Fixed-Income Exchange-Traded Funds Assigned Ratings - S&P Global Ratings’ Credit Research
Four New iShares Fixed-Income Exchange-Traded Funds Assigned Ratings
Published Dec 20, 2018
5 pages (2154 words) — Published Dec 20, 2018
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

NEW YORK (S&P Global Ratings) Dec. 20, 2018--S&P Global Ratings today said it assigned the following fund credit quality ratings (FCQRs) and fund volatility ratings (FVRs) on four new iShares fixed-income exchange-traded funds (ETFs): 'Af/S2' ratings on the iShares Global Green Bond ETF, 'AA-f/S2' ratings on the iShares ESG U.S. Aggregate Bond ETF, 'AA-f/S3' ratings on the iShares iBonds Dec 2025 Term Muni Bond ETF, and 'BBBf/S3' ratings on the iShares iBonds Dec 2028 Term Corporate ETF. The iShares Global Green Bond ETF (BGRN) seeks to track the investment results of Bloomberg Barclays MSCI Global Green Bond Select (USD Hedged) Index, while mitigating exposure to currency fluctuations versus the U.S. dollar. BGRN targets exposure to investment-grade global green bonds where

  
Brief Excerpt:

...NEW YORK (S&P Global Ratings) Dec. 20, 2018--S&P Global Ratings today said it assigned the following fund credit quality ratings (FCQRs) and fund volatility ratings (FVRs) on four new iShares fixed-income exchange-traded funds (ETFs): + 'Af/##' ratings on the iShares Global Green Bond ETF, + '##-f/##' ratings on the iShares ESG U.S. Aggregate Bond ETF, + '##-f/##' ratings on the iShares iBonds Dec 2025 Term Muni Bond ETF, and + 'BBBf/##' ratings on the iShares iBonds Dec 2028 Term Corporate ETF. The iShares Global Green Bond ETF (BGRN) seeks to track the investment results of Bloomberg Barclays MSCI Global Green Bond Select (USD Hedged) Index, while mitigating exposure to currency fluctuations versus the U.S. dollar. BGRN targets exposure to investment-grade global green bonds where the use of proceeds is directly tied to projects or activities that promote climate or other environmental sustainability purposes. The iShares ESG U.S. Aggregate Bond ETF (EAGG) seeks to track the investment...

  
Report Type:

Ratings Action

Issuer
BlackRock Fund Advisors
Sector
Global Issuers
Country
Region
Format:
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "Four New iShares Fixed-Income Exchange-Traded Funds Assigned Ratings" Dec 20, 2018. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Four-New-iShares-Fixed-Income-Exchange-Traded-Funds-Assigned-Ratings-2146993>
  
APA:
S&P Global Ratings’ Credit Research. (). Four New iShares Fixed-Income Exchange-Traded Funds Assigned Ratings Dec 20, 2018. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Four-New-iShares-Fixed-Income-Exchange-Traded-Funds-Assigned-Ratings-2146993>
  
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