iShares Inflation Hedged Corporate Bond ETF Assigned 'A-f/S4' Ratings - S&P Global Ratings’ Credit Research

iShares Inflation Hedged Corporate Bond ETF Assigned 'A-f/S4' Ratings

iShares Inflation Hedged Corporate Bond ETF Assigned 'A-f/S4' Ratings - S&P Global Ratings’ Credit Research
iShares Inflation Hedged Corporate Bond ETF Assigned 'A-f/S4' Ratings
Published May 10, 2018
4 pages (1949 words) — Published May 10, 2018
Price US$ 150.00  |  Buy this Report Now

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Abstract:

NEW YORK (S&P Global Ratings) May 10, 2018--S&P Global Ratings today said it assigned its 'A-f' fund credit quality rating (FCQR) and 'S4' fund volatility rating (FVR) on the iShares Inflation Hedged Corporate Bond ETF. Given the fund intends to hold only shares of iShares iBoxx $ Investment Grade Corporate Bond ETF and inflation swaps, we have assessed the underlying fund's portfolio to determine the preliminary fund credit quality rating. The final FCQR was assigned at a rating level equivalent to the preliminary FCQR, as there were no rating adjustments made as a result of the management assessment, portfolio risk assessment, or comparable rating analysis. The 'A-f' FCQR signifies that the credit quality of the fund's portfolio exposure is strong.

  
Brief Excerpt:

...NEW YORK (S&P Global Ratings) May 10, 2018--S&P Global Ratings today said it assigned its 'A-f' fund credit quality rating (FCQR) and '##' fund volatility rating (FVR) on the iShares Inflation Hedged Corporate Bond ETF. Given the fund intends to hold only shares of iShares iBoxx $ Investment Grade Corporate Bond ETF and inflation swaps, we have assessed the underlying fund's portfolio to determine the preliminary fund credit quality rating. The final FCQR was assigned at a rating level equivalent to the preliminary FCQR, as there were no rating adjustments made as a result of the management assessment, portfolio risk assessment, or comparable rating analysis. The 'A-f' FCQR signifies that the credit quality of the fund's portfolio exposure is strong. The iShares Inflation Hedged Corporate Bond ETF is a transparent active exchange-traded fund (ETF), without an explicit index, that seeks to mitigate the inflation risk of a portfolio composed of U.S. dollar-denominated, investment-grade corporate...

  
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 Inflation Hedged Corporate Bond ETF Assigned 'A-f/S4' Ratings" May 10, 2018. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/iShares-Inflation-Hedged-Corporate-Bond-ETF-Assigned-A-f-S4-Ratings-2036145>
  
APA:
S&P Global Ratings’ Credit Research. (). iShares Inflation Hedged Corporate Bond ETF Assigned 'A-f/S4' Ratings May 10, 2018. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/iShares-Inflation-Hedged-Corporate-Bond-ETF-Assigned-A-f-S4-Ratings-2036145>
  
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