iShares 5-10 Year Investment Grade Corporate Bond Etf
IndustryExchange Traded Fund
SectorFinancial Services Etf
ExchangeNASDAQ
Market Capitalization18,032 mln
Business Description
This fund places at least 80% of its money into securities that make up its target index, and at least 90% into the broader category of fixed income securities that its manager believes will closely follow that index. The remaining portion, no more than 10%, may go into futures, options, swaps, or other fixed income securities outside the index that are still expected to support accurate index tracking.