LQDB

iShares BBB Rated Corporate Bond ETF

$87.10

+0.00%

Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The iShares BBB Rated Corporate Bond ETF (LQDB) seeks to track the investment results of an index composed of U.S. dollar-denominated, investment-grade corporate bonds with a BBB credit rating.

Overview

ETF tracking iShares BBB Rated Corporate Bond ETF

Category Fixed Income

Issuer BlackRock

Inception Date 2021-05-20

Market Cap $43.5M

Average Volume N/A

Dividend Yield 3.86%

52-Week Range $83.64 - $88.78

VWAP $87.22

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The iShares BBB Rated Corporate Bond ETF (LQDB) seeks to track the investment results of an index composed of U.S. dollar-denominated, investment-grade corporate bonds with a BBB credit rating.

🎯 Investment Strategy

The ETF employs a representative sampling strategy to track the index, holding a subset of the bonds in the index that collectively have an investment profile similar to the full index. The fund invests primarily in investment-grade corporate bonds.

✨ Key Features

Exposure to a diversified portfolio of U.S. dollar-denominated, investment-grade corporate bonds with a BBB credit rating
Seeks to provide income and total return by tracking the performance of the underlying index
Low expense ratio of 0.00%
Relatively low risk profile compared to high-yield corporate bond funds

⚠️ Primary Risks

Interest rate risk: The value of the bonds may decline as interest rates rise
Credit risk: The risk that the issuer may default on interest or principal payments
Liquidity risk: The risk that the fund may have difficulty selling certain bonds at an advantageous time or price
Concentration risk: The fund's performance may be more sensitive to any single issuer or sector

👤 Best For

This ETF may be suitable for investors seeking exposure to investment-grade corporate bonds as part of a diversified fixed-income portfolio. It may be appropriate for investors with a moderate risk tolerance who are looking for a relatively stable source of income.