Ratings Assigned To Four New iShares Fixed-Income ETFs - S&P Global Ratings’ Credit Research

Ratings Assigned To Four New iShares Fixed-Income ETFs

Ratings Assigned To Four New iShares Fixed-Income ETFs - S&P Global Ratings’ Credit Research
Ratings Assigned To Four New iShares Fixed-Income ETFs
Published Jul 13, 2017
5 pages (2224 words) — Published Jul 13, 2017
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

NEW YORK (S&P Global Ratings) July 13, 2017--S&P Global Ratings today said it assigned its 'A-f' fund credit quality rating (FCQR) and 'S3' fund volatility rating (FVR) to the iShares ESG USD Corporate Bond ETF. Similarly, we assigned an 'A-f' FCQR and 'S2' FVR to the iShares ESG 1-5 Year USD Corporate Bond ETF. In addition to these ratings, we assigned a 'B+f' FCQR and 'S4' FVR to the iShares Edge High Yield Defensive Bond ETF and 'BBBf' FCQR and 'S3' FVR to the iShares Edge Investment Grade Enhanced Bond ETF. Given all four funds are new and we expect them to launch soon, we have assessed the funds' respective index portfolios to determine the fund credit quality. An 'A-f'

  
Brief Excerpt:

...NEW YORK (S&P Global Ratings) July 13, 2017--S&P Global Ratings today said it assigned its 'A-f' fund credit quality rating (FCQR) and '##' fund volatility rating (FVR) to the iShares ESG USD Corporate Bond ETF. Similarly, we assigned an 'A-f' FCQR and '##' FVR to the iShares ESG 1-5 Year USD Corporate Bond ETF. In addition to these ratings, we assigned a 'B+f' FCQR and '##' FVR to the iShares Edge High Yield Defensive Bond ETF and 'BBBf' FCQR and '##' FVR to the iShares Edge Investment Grade Enhanced Bond ETF. Given all four funds are new and we expect them to launch soon, we have assessed the funds' respective index portfolios to determine the fund credit quality. An 'A-f' FCQR signifies that the credit quality of the fund's portfolio exposure is strong. A 'BBBf' FCQR signifies that the credit quality of the fund's portfolio exposure is adequate, and a 'B+f' FCQR signifies that the credit quality of the fund's portfolio exposure is very weak. The iShares ESG USD Corporate Bond ETF and...

  
Report Type:

Ratings Action

Issuer
BlackRock Fund Advisors
Sector
Global Issuers
Country
United States
Region
United States
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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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Ratings Assigned To Four New iShares Fixed-Income ETFs" Jul 13, 2017. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Ratings-Assigned-To-Four-New-iShares-Fixed-Income-ETFs-1883029>
  
APA:
S&P Global Ratings’ Credit Research. (). Ratings Assigned To Four New iShares Fixed-Income ETFs Jul 13, 2017. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Ratings-Assigned-To-Four-New-iShares-Fixed-Income-ETFs-1883029>
  
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