Highlights

  • QLTA seeks exposure to US dollar investment-grade corporate bonds rated Aaa to A.
  • The fund reports NAV of USD 45.71 as of 2 November 2026.
  • QLTA lists an expense ratio of 0.15% and distributes monthly.

iShares Aaa - A Rated Corporate Bond ETF (NYSE Arca:QLTA) seeks to track US dollar investment-grade corporate bonds rated Aaa to A. Its NAV stood at USD 45.71 as of 2 November 2026. Net Assets totalled USD 1,188,517,247 as of 2 November 2026.

A Rating Filter Shapes Corporate Exposure

QLTA tracks the Bloomberg U.S. Corporate Aaa - A Capped Index. The benchmark is drawn from the fixed-rate taxable corporate bond market and uses a cap on individual issuers. Industrial, Utility and financial issuers can qualify. The rating requirement narrows the Credit universe to the higher-rated portion of the investment-grade market.

The fund uses representative sampling, selecting investments intended to resemble the benchmark’s overall characteristics. It may therefore hold a different collection of securities from the index while seeking a similar Investment profile.

Portfolio Composition and Exposure

QLTA reported 3,537 holdings as of 30 October 2026. Its allocation by Market Value included Banking at 32.75%, Other at 11.86% and Healthcare at 10.57% as of 30 October 2026.

The portfolio’s effective duration was 6.46 yrs as of 30 October 2026. Weighted average Maturity was 10.47 yrs as of 30 October 2026.

Duration measures sensitivity to Interest Rate changes. Maturity describes the timing of principal repayments, while cash-flow patterns and embedded Options can make the two measures differ. These characteristics describe the bond portfolio rather than a fixed outcome for shareholders.

The fact sheet dated 30 September 2026 recorded credit allocations including A Rated at 79.44% and AA Rated at 18.20%. These classifications describe underlying securities at that date; ratings and portfolio credit quality can change.

Fees and Distribution Policy

The published expense ratio is 0.15%. Distributions are scheduled monthly.

The 30-day SEC Yield was 5.60% as of 30 October 2026. This standardised income measure reflects the fund’s recent income after expenses; it is separate from changes in the market value of its shares.

The prospectus notes that brokerage commissions and other intermediary charges may apply separately. Fund shares trade at market prices, which can differ from NAV, so the stated NAV does not establish the price of every exchange transaction.

Key Insights

Higher credit ratings do not remove interest rate or issuer risk. Changes in a borrower’s ability to pay, or in market yields, can affect the portfolio even when securities meet the index’s rating requirements.