1. Exposure to short-term U.S. investment grade credit (corporate and non-corporate bonds)
2. Targeted access to a specific segment of the domestic credit market
3. Use to customize a bond allocation and pursue income
The iShares 1-3 Year Credit Bond ETF seeks to track the investment results of an index composed of U.S. dollar-denominated, investment-grade corporate, sovereign, supranational, local authority and non-U.S. agency bonds with remaining maturities between one and three years.