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

iShares BBB Rated Corporate Bond ETF Assigned 'BBBf/S4' Ratings

iShares BBB Rated Corporate Bond ETF Assigned 'BBBf/S4' Ratings - S&P Global Ratings’ Credit Research
iShares BBB Rated Corporate Bond ETF Assigned 'BBBf/S4' Ratings
Published May 20, 2021
3 pages (1702 words) — Published May 20, 2021
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

AUSTIN (S&P Global Ratings) May 20, 2021--S&P Global Ratings today said it assigned its 'BBBf/S4' fund credit quality rating (FCQR) and fund volatility rating (FVR) to the iShares BBB Rated Corporate Bond Exchange Traded Fund (ETF) sponsored by BlackRock Inc. The iShares ETF holds a diversified portfolio of 'BBB' (or its equivalent) fixed-rate U.S dollar-denominated bonds issued by U.S. and non-U.S. corporate issuers. The ETF seeks to meet its investment objective generally by investing in individual securities that satisfy the criteria of their underlying index based on the credit quality of 'BBB' rated corporate issuers. The 'BBBf' FCQR signifies that the credit quality of the ETF's exposure is adequate. The FCQR reflects our quantitative assessment of the fund's portfolio credit

  
Brief Excerpt:

...May 20, 2021 AUSTIN (S&P Global Ratings) May 20, 2021--S&P Global Ratings today said it assigned its 'BBBf/##' fund credit quality rating (FCQR) and fund volatility rating (FVR) to the iShares ### Rated Corporate Bond Exchange Traded Fund (ETF) sponsored by BlackRock Inc. The iShares ETF holds a diversified portfolio of '###' (or its equivalent) fixed-rate U.S dollar-denominated bonds issued by U.S. and non-U.S. corporate issuers. The ETF seeks to meet its investment objective generally by investing in individual securities that satisfy the criteria of their underlying index based on the credit quality of '###' rated corporate issuers. The 'BBBf' FCQR signifies that the credit quality of the ETF's exposure is adequate. The FCQR reflects our quantitative assessment of the fund's portfolio credit risk via our fund credit quality matrix. The assessment is based on the weighted average credit risk of the portfolio of investments. The '##' FVR signifies that the ETF exhibits moderate to high...

  
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 BBB Rated Corporate Bond ETF Assigned 'BBBf/S4' Ratings" May 20, 2021. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/iShares-BBB-Rated-Corporate-Bond-ETF-Assigned-BBBf-S4-Ratings-2651908>
  
APA:
S&P Global Ratings’ Credit Research. (). iShares BBB Rated Corporate Bond ETF Assigned 'BBBf/S4' Ratings May 20, 2021. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/iShares-BBB-Rated-Corporate-Bond-ETF-Assigned-BBBf-S4-Ratings-2651908>
  
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