iShares is prepping an active exchange-traded bond fund to launch within the next two months.

According to a regulatory filing, the iShares Liquidity Income Fund will bet on U.S. dollar-denominated investment-grade fixed- and floating-rate debt securities that are rated BBB- or higher by Standard & Poor’s Ratings Services and/or Fitch, or Baa3 or higher by Moody’s.The fund may also bet on asset-backed and mortgage-backed securities.

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