iShares iBoxx $ Investment Grade Corporate Bond ETF

The iShares iBoxx $ Investment Grade Corporate Bond ETF is an exchange-traded fund that seeks to provide broad exposure to the U.S. investment-grade corporate bond market. Its primary function is to track an index composed of high-quality, U.S. dollar-denominated corporate bonds issued by leading companies across diverse industries such as finance, telecommunications, healthcare, and consumer goods. This ETF holds a diversified portfolio, typically featuring more than a thousand individual bonds from issuers like JPMorgan Chase, Bank of America, Verizon Communications, and Anheuser-Busch, among others. Notable for its focus on investment-grade securities, the fund targets bonds with relatively low credit risk, reflecting the financial strength and stability of the issuers. By requiring a longer average maturity than many peers, it offers significant exposure to interest-rate movements. The ETF is widely used by market participants seeking efficient, cost-effective access to the performance of the U.S. corporate bond sector, playing a significant role in providing liquidity and portfolio diversification to institutional and individual investors alike.