LDRC

iShares iBonds 1-5 Year Corporate Ladder ETF

$25.27
+0.00%
Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The iShares iBonds 1-5 Year Corporate Ladder ETF (LDRC) seeks to provide a steady stream of income by investing in a diversified portfolio of investment-grade corporate bonds with maturities between 1 and 5 years.

Overview

ETF tracking iShares iBonds 1-5 Year Corporate Ladder ETF

Issuer BlackRock
Inception Date 2024-11-08
Market Cap $9.1M
Average Volume N/A
Dividend Yield 3.72%
52-Week Range $24.84 - $25.55
VWAP $25.29

Performance

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Investment Summary

📎 Investment Objective

The iShares iBonds 1-5 Year Corporate Ladder ETF (LDRC) seeks to provide a steady stream of income by investing in a diversified portfolio of investment-grade corporate bonds with maturities between 1 and 5 years.

🎯 Investment Strategy

The fund tracks the iBonds 1-5 Year Corporate Ladder Index, which is designed to provide exposure to a laddered portfolio of corporate bonds with staggered maturity dates. This strategy aims to generate consistent income while managing interest rate risk.

✨ Key Features

  • Invests in investment-grade corporate bonds with maturities between 1 and 5 years
  • Employs a laddered bond portfolio approach to manage interest rate risk
  • Targets a steady stream of income through diversified corporate bond exposure
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Interest rate risk: The value of the fund's holdings may decline as interest rates rise
  • Credit risk: The fund is exposed to the risk of default or downgrade of the underlying corporate bonds
  • Liquidity risk: The fund may experience difficulty buying or selling certain bonds, especially during periods of market stress
  • Reinvestment risk: As bonds mature, the fund may need to reinvest the proceeds at lower interest rates

👤 Best For

This ETF may be suitable for investors seeking a steady source of income and moderate risk exposure within the fixed income asset class. It may be particularly appealing to those with a short-to-medium-term investment horizon who want to manage interest rate risk.