iShares Trust - iShares BBB Rated Corporate Bond ETF

iShares Trust - iShares BBB Rated Corporate Bond ETF is an exchange traded fund launched by BlackRock, Inc. The fund is managed by BlackRock Fund Advisors. It invests in fixed income markets of global developed region. The fund primarily invests in U.S. dollar-denominated fixed rate investment-grade corporate bonds that are rated BBB or equivalent by Fitch and S&P and Baa2 by Moody’s. It invests in securities of varying maturities. It seeks to track the performance of the iBoxx USD Liquid Investment Grade BBB 0+ Index, by using representative sampling technique. iShares Trust - iShares BBB Rated Corporate Bond ETF was formed on May 18, 2021 and is domiciled in the United States.