iShares BB Rated Corporate Bond ETF Assigned 'BBf/S4' Ratings - S&P Global Ratings’ Credit Research

iShares BB Rated Corporate Bond ETF Assigned 'BBf/S4' Ratings

iShares BB Rated Corporate Bond ETF Assigned 'BBf/S4' Ratings - S&P Global Ratings’ Credit Research
iShares BB Rated Corporate Bond ETF Assigned 'BBf/S4' Ratings
Published Oct 09, 2020
3 pages (1700 words) — Published Oct 09, 2020
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

NEW YORK (S&P Global Ratings) Oct. 9, 2020--S&P Global Ratings today said it assigned its 'BBf' fund credit quality rating (FCQR) and 'S4' fund volatility rating (FVR) to the iShares BB Rated Corporate Bond ETF. The 'BBf' FCQR signifies that the credit quality of the fund's portfolio exposure is weak. The iShares BB Rated Corporate Bond ETF seeks to track the investment results of an index composed of 'BB' or equivalently rated fixed rate U.S. dollar-denominated bonds issued by U.S. and non-U.S. corporations. The fund seeks to meet its investment objective generally by investing in individual securities that satisfy the criteria of the ICE BofA BB US High Yield Constrained Index, which measures the performance of the 'BB' or equivalently

  
Brief Excerpt:

...October 9, 2020 NEW YORK (S&P Global Ratings) Oct. 9, 2020--S&P Global Ratings today said it assigned its 'BBf' fund credit quality rating (FCQR) and '##' fund volatility rating (FVR) to the iShares ## Rated Corporate Bond ETF. The 'BBf' FCQR signifies that the credit quality of the fund's portfolio exposure is weak. The iShares ## Rated Corporate Bond ETF seeks to track the investment results of an index composed of '##' or equivalently rated fixed rate U.S. dollar-denominated bonds issued by U.S. and non-U.S. corporations. The fund seeks to meet its investment objective generally by investing in individual securities that satisfy the criteria of the ICE BofA ## US High Yield Constrained Index, which measures the performance of the '##' or equivalently rated, fixed-rate, U.S. dollar-denominated corporate bond market. We view the investment manager, BlackRock Fund Advisors (BFA), as strong. Within our management-scoring framework, we do not assess credit culture or credit research of funds...

  
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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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "iShares BB Rated Corporate Bond ETF Assigned 'BBf/S4' Ratings" Oct 09, 2020. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/iShares-BB-Rated-Corporate-Bond-ETF-Assigned-BBf-S4-Ratings-2531046>
  
APA:
S&P Global Ratings’ Credit Research. (). iShares BB Rated Corporate Bond ETF Assigned 'BBf/S4' Ratings Oct 09, 2020. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/iShares-BB-Rated-Corporate-Bond-ETF-Assigned-BBf-S4-Ratings-2531046>
  
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