1. Exposure to the most highly rated U.S. corporate bonds
2. Targeted access to a specific segment of the domestic corporate bond market
3. Use to express a view on bonds with a specific rating and seek to generate income
The iShares Aaa - A Rated Corporate Bond ETF seeks to track the investment results of an index composed of Aaa to A, or equivalently rated, fixed rate U.S. dollar-denominated bonds issued by U.S. and non-U.S. corporations.