The iShares Aaa - A Rated Corporate Bond ETF seeks to track the investment results of an index composed of Aaa to A, or equivalently rated, fixed rate U.S. dollar-denominated bonds issued by U.S. and non-U.S. corporations. WHY QLTA? Exposure to the most highly rated fixed-rate U.S. dollar-denominated bonds issued by U.S. and non-U.S. corporations.
What is the AAA-a rated corporate bond index?
The Index measures the performance of the Aaa- A rated range of the fixed-rate corporate bond market with maturities of one year or more that have $500 million or more outstanding face value. QLTA | A complete iShares AAA-A Rated Corporate Bond ETF exchange traded fund overview by MarketWatch.
What is a corporate bonds ETF?
This ETF is the first product of its kind in the Corporate Bonds ETFdb Category to focus exclusively on debt securities with a specific credit rating. The underlying portfolio is well-balanced; less than a quarter of total assets are allocated to the top ten holdings alone.
