Overview
Description
The iShares USD Corporate Bond ETF is an exchange-traded fund focused on providing investors with exposure to the U.S. dollar-denominated corporate bond market. Its primary function is to track the investment results of an underlying index composed of investment-grade corporate bonds issued by diverse corporations. Offering a broad representation of the U.S. corporate credit market, this ETF includes bonds from established industries such as financials, telecommunications, and consumer goods, facilitating diversification across different sectors. By pooling a collection of bonds, it allows investors to gain access to a wide array of corporate debt instruments with varying maturities and credit qualities. The iShares USD Corporate Bond ETF plays a significant role in the fixed income market by providing liquidity and easy market access to institutional and retail investors alike. It is an effective tool for those looking to enhance their portfolio with exposure to corporate credit risk while potentially capitalizing on income generation through periodic interest payments.
About
Address
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Website
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Instrument type
ETF
Country
United States
MIC code
PINX