iShares Creates the First Suite of Corporate Credit Quality Exchange Traded Funds

SAN FRANCISCO--(BUSINESS WIRE)--BlackRock, Inc. (NYSE:BLK) announced that its iShares Exchange Traded Funds (ETFs) business, the world’s largest manager of ETFs, has launched the first suite of corporate credit quality ETFs. The new iShares ETFs that began trading today are the iShares Baa – Ba Rated Corporate Bond Fund (BATS: QLTB) and the iShares B – Ca Rated Corporate Bond Fund (BATS: QLTC). The two new funds are the first ETFs designed to offer precise exposure to specific credit quality segments of the U.S. corporate debt market. Today’s launch follows the February debut of the iShares Aaa – A Rated Corporate Fund (NYSE Arca: QLTA), which offers exposure to the highest quality USD-denominated corporate bonds rated Aaa – A.