iShares BBB Rated Corporate Bond ETF seeks to track the investment results of the iBoxx USD Liquid Investment Grade BBB 0+ Index composed of BBB (or its equivalent) fixed rate U.S. dollar-denominated bonds issued by U.S. and non-U.S. corporate issuers. The fund invests at least 80% of its assets in the component securities of the underlying index, and the fund will invest at least 90% of its assets in fixed income securities of the types included in the underlying index that the advisor believes will help the fund track the underlying index. The fund is non-diversified.
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