Two New iShares ETFs Assigned Ratings - S&P Global Ratings’ Credit Research

Two New iShares ETFs Assigned Ratings

Two New iShares ETFs Assigned Ratings - S&P Global Ratings’ Credit Research
Two New iShares ETFs Assigned Ratings
Published Jun 16, 2016
4 pages (1524 words) — Published Jun 16, 2016
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

NEW YORK (S&P Global Ratings) June 16, 2016--S&P Global Ratings today said it assigned its 'Bf' fund credit quality rating (FCQR) and its 'S4' fund volatility rating (FVR) on the iShares Fallen Angels USD Bond ETF. We also assigned our 'B-f' FCQR and 'S4' FVR on the iShares iBoxx $ High Yield ex Oil&Gas Corporate Bond ETF. The iShares Fallen Angels USD Bond ETF seeks to track the investment results of the Barclays US High Yield Fallen Angel 3% Capped Index, which is designed to reflect the performance of U.S. dollar-denominated, high-yield corporate bonds that were previously rated investment grade. Bonds are market value weighted with a 3% cap on each issuer. The index will be a subset

  
Brief Excerpt:

...NEW YORK (S&P Global Ratings) June 16, 2016--S&P Global Ratings today said it assigned its 'Bf' fund credit quality rating (FCQR) and its '##' fund volatility rating (FVR) on the iShares Fallen Angels USD Bond ETF. We also assigned our 'B-f' FCQR and '##' FVR on the iShares iBoxx $ High Yield ex Oil & Gas Corporate Bond ETF. The iShares Fallen Angels USD Bond ETF seeks to track the investment results of the Barclays US High Yield Fallen Angel 3% Capped Index, which is designed to reflect the performance of U.S. dollar-denominated, high-yield corporate bonds that were previously rated investment grade. Bonds are market value weighted with a 3% cap on each issuer. The index will be a subset of Barclays US Corporate High Yield Index, with a 3% issuer cap to securities previously rated investment grade, which will rebalance on a monthly basis. The iShares iBoxx $ High Yield ex Oil & Gas Corporate Bond ETF seeks to track the investment results of the Markit iBoxx USD Liquid High Yield ex-Oil...

  
Report Type:

Ratings Action

Issuer
BlackRock Fund Advisors
Sector
Global Issuers
Country
United States
Region
United States
Format:
PDF Adobe Acrobat
Buy Now

More from S&P Global Ratings’ Credit Research

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.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Two New iShares ETFs Assigned Ratings" Jun 16, 2016. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Two-New-iShares-ETFs-Assigned-Ratings-1658034>
  
APA:
S&P Global Ratings’ Credit Research. (). Two New iShares ETFs Assigned Ratings Jun 16, 2016. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Two-New-iShares-ETFs-Assigned-Ratings-1658034>
  
US$ 150.00
$  £  €
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.