Symbols

QLTA

iShares Aaa-A Rated Corporate Bond ETF·NYSE

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Key Stats

Assets Under Management

1.73BUSD

Fund Flows (1Y)

-15.11MUSD

Dividend Yield

4.35%

Discount/Premium to NAV

0.05%

Shares Outstanding

36.00M

Expense Ratio

0.15%

About iShares Aaa-A Rated Corporate Bond ETF

Issuer

BlackRock Fund Advisors

Brand

iShares

Home Page

https://www.ishares.com/us/products/239431/ishares-aaa-a-rated-corporate-bond-etf

Inception Date

Feb 14, 2012

Structure

Open-Ended Fund

Index Tracked

Bloomberg U.S. Corporate Aaa - A Capped Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Ordinary income

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

BlackRock Fund Advisors

Distributor

BlackRock Investments LLC

QLTA reflects the broad investment-grade corporate market reasonably well even as it focuses on bonds with higher credit quality. It includes only those rated AAA to A, and excludes the bonds rated BBB out of its investment-grade universe, sacrificing yield for safety. QLTA also invests across multiple sectors and only requires a minimum maturity of at least one year. Subsequently, it weights each security based on market value, with a cap of 3%. The fund uses a sampling method in tracking the index, meaning it invests in securities that have identical characteristics of the securities that comprise the Index.