Two iShares iBonds Corporate ETFs Assigned Fund Credit Quality And Volatility Ratings - S&P Global Ratings’ Credit Research

Two iShares iBonds Corporate ETFs Assigned Fund Credit Quality And Volatility Ratings

Two iShares iBonds Corporate ETFs Assigned Fund Credit Quality And Volatility Ratings - S&P Global Ratings’ Credit Research
Two iShares iBonds Corporate ETFs Assigned Fund Credit Quality And Volatility Ratings
Published Nov 19, 2020
3 pages (1710 words) — Published Nov 19, 2020
Price US$ 150.00  |  Buy this Report Now

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Abstract:

NEW YORK (S&P Global Ratings) Nov. 19, 2020--S&P Global Ratings today assigned its 'BBBf/S3' fund credit quality and volatility ratings to iShares iBonds Dec 2029 Term Corporate ETF and its 'BBB+f/S3' fund credit quality and volatility ratings to iShares iBonds Dec 2030 Term Corporate ETF. Each iBonds ETF holds a diversified portfolio of bonds providing regular interest payments and distributing a final payout upon maturity. The iBonds Corporate ETFs seek to track the investment results of indices composed of U.S. dollar-denominated investment-grade corporate bonds maturing in each ETF's maturity year. The ETFs seek to meet their investment objectives generally by investing in component securities of Bloomberg Barclays Corporate indices and may invest up to 10% of their assets in certain

  
Brief Excerpt:

...November 19, 2020 NEW YORK (S&P Global Ratings) Nov. 19, 2020--S&P Global Ratings today assigned its 'BBBf/##' fund credit quality and volatility ratings to iShares iBonds Dec 2029 Term Corporate ETF and its '###+f/##' fund credit quality and volatility ratings to iShares iBonds Dec 2030 Term Corporate ETF. Each iBonds ETF holds a diversified portfolio of bonds providing regular interest payments and distributing a final payout upon maturity. The iBonds Corporate ETFs seek to track the investment results of indices composed of U.S. dollar-denominated investment-grade corporate bonds maturing in each ETF's maturity year. The ETFs seek to meet their investment objectives generally by investing in component securities of Bloomberg Barclays Corporate indices and may invest up to 10% of their assets in certain futures, options and swap contracts, and cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates. We view BlackRock Fund Advisors (BFA), the...

  
Report Type:

Ratings Action

Issuer
BlackRock Fund Advisors
Sector
Global Issuers
Country
United States
Region
United States
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Two iShares iBonds Corporate ETFs Assigned Fund Credit Quality And Volatility Ratings" Nov 19, 2020. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Two-iShares-iBonds-Corporate-ETFs-Assigned-Fund-Credit-Quality-And-Volatility-Ratings-2557750>
  
APA:
S&P Global Ratings’ Credit Research. (). Two iShares iBonds Corporate ETFs Assigned Fund Credit Quality And Volatility Ratings Nov 19, 2020. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Two-iShares-iBonds-Corporate-ETFs-Assigned-Fund-Credit-Quality-And-Volatility-Ratings-2557750>
  
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