SLQD

iShares 0-5 Year Investment Grade Corporate Bond ETF

$50.66

+0.00%

Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The iShares 0-5 Year Investment Grade Corporate Bond ETF (SLQD) seeks to track the investment results of an index composed of U.S. dollar-denominated, investment-grade corporate bonds with remaining maturities of less than 5 years.

Overview

ETF tracking iShares 0-5 Year Investment Grade Corporate Bond ETF

Category Corporate Bonds

Issuer BlackRock

Inception Date 2016-02-02

Market Cap $2.4B

Average Volume N/A

Dividend Yield 3.43%

52-Week Range $49.58 - $50.93

VWAP $50.67

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF invests in a representative sample of bonds included in the index, which is designed to measure the performance of U.S. dollar-denominated, investment-grade, corporate bonds with remaining maturities of less than 5 years. The fund aims to provide exposure to the short-term corporate bond market.

✨ Key Features

Focuses on short-term, investment-grade corporate bonds with maturities less than 5 years
Seeks to track the performance of an index of U.S. dollar-denominated corporate bonds
Potentially lower interest rate risk compared to longer-term bond funds
Relatively low expense ratio of 0.00%

⚠️ Primary Risks

Credit risk: Possibility of default or downgrade of the underlying corporate bonds
Interest rate risk: Prices of bonds may decline as interest rates rise
Liquidity risk: Potential difficulty in selling holdings during times of market stress
Concentration risk: Exposure to the corporate bond market, which may underperform other fixed income sectors

👤 Best For

This ETF may be suitable for investors seeking exposure to short-term, investment-grade corporate bonds as part of a diversified fixed income portfolio. It may be particularly appealing to those looking to manage interest rate risk while maintaining exposure to the corporate bond market.