QLTA

iShares Aaa - A Rated Corporate Bond ETF

$48.10
+0.00%
Market closed. Last update: 12:33 PM ET

📎 Investment Objective

The iShares Aaa - A Rated Corporate Bond ETF (QLTA) seeks to track the investment results of an index composed of U.S. dollar-denominated, investment-grade corporate bonds with credit ratings of Aaa to A.

Overview

ETF tracking iShares Aaa - A Rated Corporate Bond ETF

Issuer BlackRock
Inception Date 2012-02-16
Market Cap $1.7B
Average Volume N/A
Dividend Yield 3.60%
52-Week Range $46.18 - $49.01
VWAP $48.17

Performance

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Investment Summary

📎 Investment Objective

The iShares Aaa - A Rated Corporate Bond ETF (QLTA) seeks to track the investment results of an index composed of U.S. dollar-denominated, investment-grade corporate bonds with credit ratings of Aaa to A.

🎯 Investment Strategy

The ETF invests in a representative sample of bonds included in the Bloomberg Barclays U.S. Corporate Aaa-A Capped Index. The fund aims to provide exposure to high-quality corporate bonds with the goal of generating current income.

✨ Key Features

  • Focuses on investment-grade corporate bonds with the highest credit ratings
  • Seeks to provide exposure to a diversified portfolio of U.S. dollar-denominated corporate bonds
  • Low expense ratio of 0.00%
  • Designed for investors seeking stable income and low-risk exposure to the corporate bond market

⚠️ Primary Risks

  • Interest rate risk: The value of the bonds may decline as interest rates rise
  • Credit risk: The issuer of a bond could default on its payments, reducing the value of the bond
  • Liquidity risk: The bonds held by the fund may be difficult to sell, especially during times of market stress
  • Concentration risk: The fund's focus on high-quality corporate bonds may limit its diversification

👤 Best For

This ETF may be suitable for conservative investors seeking stable income and low-risk exposure to the corporate bond market. It may be particularly appealing to investors with a low risk tolerance who are looking to diversify their fixed-income holdings.