LQD

iShares iBoxx $ Investment Grade Corporate Bond ETF

$110.25
+0.00%
Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) seeks to track the investment results of an index composed of U.S. dollar-denominated, investment-grade corporate bonds.

Overview

ETF tracking iShares iBoxx $ Investment Grade Corporate Bond ETF

Issuer BlackRock
Inception Date 2007-08-31
Market Cap $30.7B
Average Volume N/A
Dividend Yield 3.71%
52-Week Range $105.10 - $112.92
VWAP $110.47

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) seeks to track the investment results of an index composed of U.S. dollar-denominated, investment-grade corporate bonds.

🎯 Investment Strategy

The ETF invests in a representative sample of investment-grade corporate bonds included in the Markit iBoxx USD Liquid Investment Grade Index. The fund aims to provide exposure to the overall U.S. investment-grade corporate bond market.

✨ Key Features

  • Broad exposure to U.S. investment-grade corporate bonds
  • Low-cost, passively managed index fund
  • Potential for income generation through bond coupon payments
  • Diversified portfolio of hundreds of corporate issuers

⚠️ Primary Risks

  • Interest rate risk: Bond prices may decline as interest rates rise
  • Credit risk: Potential for issuers to default on their debt obligations
  • Liquidity risk: Difficulty selling bonds during periods of market stress
  • Reinvestment risk: Coupon payments may need to be reinvested at lower yields

👤 Best For

This ETF may be suitable for investors seeking exposure to the U.S. investment-grade corporate bond market as part of a diversified fixed-income allocation. It can provide stable income and potentially lower volatility compared to riskier asset classes.

Top Holdings

Rank Ticker Name Weight Sector
1 BLK CSH FND TREASURY SL AGENCY 0.57% Cash and/or Derivatives
2 ANHEUSER-BUSCH COMPANIES LLC 0.22% Consumer Non-Cyclical
3 CVS HEALTH CORP 0.18% Consumer Non-Cyclical
4 PFIZER INVESTMENT ENTERPRISES PTE 0.16% Consumer Non-Cyclical
5 ABBVIE INC 0.15% Consumer Non-Cyclical
6 GOLDMAN SACHS GROUP INC/THE 0.15% Banking
7 T-MOBILE USA INC 0.15% Communications
8 GOLDMAN SACHS GROUP INC/THE 0.15% Banking
9 BANK OF AMERICA CORP MTN 0.15% Banking
10 BANK OF AMERICA CORP MTN 0.15% Banking
11 ANHEUSER-BUSCH COMPANIES LLC 0.14% Consumer Non-Cyclical
12 BOEING CO 0.14% Capital Goods
13 AT&T INC 0.14% Communications
14 META PLATFORMS INC 0.13% Communications
15 ABBVIE INC 0.13% Consumer Non-Cyclical