Overview
Description
The iShares iBoxx $ Investment Grade Corporate Bond ETF is a prominent exchange-traded fund that provides investors with exposure to high-quality bonds issued by companies predominantly located in the United States. This ETF tracks the Markit iBoxx USD Liquid Investment Grade Index, which includes bonds from industries such as technology, finance, healthcare, and telecommunications, among others. Its primary function is to offer investors a diversified portfolio of corporate bonds with investment-grade ratings, thereby balancing risk and return for fixed-income investors.
Notable features of this ETF include its focus on liquidity and credit quality, as it contains bonds that are not only rated highly by credit agencies but are also actively traded in the bond markets, ensuring ease of transactions. Its composition offers investors a way to earn potential interest income while mitigating risk compared to lower-grade bonds. In the financial market, the iShares iBoxx $ Investment Grade Corporate Bond ETF plays a significant role in providing a liquid and diversified investment avenue for institutional and retail investors seeking to invest in corporate bonds while gaining exposure to various economic sectors.
About
Instrument type
ETF
Country
United States
MIC code
ARCX