LQDH

iShares Interest Rate Hedged Corporate Bond ETF

$92.75

+0.00%

Market closed. Last update: 10:55 PM ET

📎 Investment Objective

The iShares Interest Rate Hedged Corporate Bond ETF (LQDH) seeks to provide exposure to investment-grade corporate bonds while mitigating the impact of rising interest rates.

Overview

ETF tracking iShares Interest Rate Hedged Corporate Bond ETF

Category Corporate Bonds

Issuer BlackRock

Inception Date 2014-05-29

Market Cap $505.5M

Average Volume N/A

Dividend Yield 5.15%

52-Week Range $88.49 - $93.95

VWAP $92.87

Performance

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Investment Summary

📎 Investment Objective

The iShares Interest Rate Hedged Corporate Bond ETF (LQDH) seeks to provide exposure to investment-grade corporate bonds while mitigating the impact of rising interest rates.

🎯 Investment Strategy

LQDH invests in a portfolio of investment-grade corporate bonds and uses interest rate derivatives to hedge against the effects of rising interest rates. The fund aims to maintain a similar level of credit risk as the broader investment-grade corporate bond market while reducing the portfolio's sensitivity to changes in interest rates.

✨ Key Features

Provides exposure to investment-grade corporate bonds
Utilizes interest rate hedging to mitigate the impact of rising interest rates
Seeks to maintain a similar level of credit risk as the broader investment-grade corporate bond market
Low expense ratio of 0.00%

⚠️ Primary Risks

Interest rate risk: The fund's interest rate hedging strategy may not fully offset the impact of rising interest rates on the portfolio
Credit risk: The fund is exposed to the creditworthiness of the underlying corporate bond issuers
Liquidity risk: The fund may experience reduced liquidity in certain market conditions, which could impact its ability to execute trades
Derivative risk: The use of interest rate derivatives introduces additional risks, such as counterparty risk and the potential for increased volatility

👤 Best For

LQDH may be suitable for investors seeking exposure to investment-grade corporate bonds with a focus on mitigating interest rate risk. It may be particularly appealing to investors who are concerned about the potential impact of rising interest rates on their fixed-income allocations.