iShares Interest Rate Hedged Corporate Bond ETF (LQDH)
| Assets | $447.56M |
| Expense Ratio | 0.23% |
| PE Ratio | n/a |
| Shares Out | 4.80M |
| Dividend (ttm) | $7.48 |
| Dividend Yield | 8.02% |
| Ex-Dividend Date | Nov 4, 2024 |
| Payout Ratio | n/a |
| 1-Year Return | +0.04% |
| Volume | 18,001 |
| Open | 93.20 |
| Previous Close | 93.22 |
| Day's Range | 93.10 - 93.26 |
| 52-Week Low | 90.46 |
| 52-Week High | 94.37 |
| Beta | 0.29 |
| Holdings | 202 |
| Inception Date | May 27, 2014 |
About LQDH
Fund Home PageThe iShares Interest Rate Hedged Corporate Bond ETF (LQDH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index that holds iShares iBoxx USD Investment Grade Corporate Bond ETF (LQD), which targets USD-denominated investment corporate bonds, while mitigating duration risk. LQDH was launched on May 27, 2014 and is issued by BlackRock.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 4, 2024 | $0.546 | Nov 7, 2024 |
| Oct 2, 2024 | $0.564 | Oct 7, 2024 |
| Sep 4, 2024 | $0.576 | Sep 9, 2024 |
| Aug 2, 2024 | $0.596 | Aug 7, 2024 |
| Jul 2, 2024 | $0.541 | Jul 8, 2024 |
| Jun 4, 2024 | $0.611 | Jun 10, 2024 |
News
LQDH: Checking In On Hedged Investment Grade Bonds (Rating Upgrade)
We initially rated LQDH a 'Sell' due to its zero duration profile, making it less beneficial in a falling rate environment. LQD outperformed LQDH by 4% as expected as the Fed announced its intent to c...
LQDH: Investment-Grade Bond ETF, Interest Rate Hedged, Good 6.6% Yield
LQDH is an interest rate hedged investment-grade corporate bond index ETF managed by BlackRock. It provides investors with diversified exposure to investment-grade corporate bonds, and uses swaps to h...
How to immunize your bond ETF if interest rates turn back up
The best time to buy insurance is when whatever it is you're insuring against is considered unlikely. So, should you hedge your bond portfolio against rising interest rates?
LQDH: A Corporate Spreads Play (Rating Downgrade)
iShares Interest Rate Hedged Corporate Bond ETF is a fixed income ETF that hedges against rising interest rates. LQDH isolates corporate credit spreads and gains when spreads tighten, but loses value ...
The Credit Opportunity In M&A
M&A was almost dormant in 2023. In the US, as a proportion of the market value of the benchmark equity indices, it fell to its lowest level in 20 years, according to McKinsey. Credit investors are not...
LQDH: A Hedge For The Fed Not Pivoting
Bond funds that hedge interest rate risk have performed better than those that don't in recent years. The iShares Interest Rate Hedged Corporate Bond ETF is a cost-effective option for investors seeki...
LQDH: What Explains The ETF's Outperformance?
The iShares Interest Rate Hedged Corporate Bond ETF tracks a diversified portfolio of U.S. dollar-denominated investment grade corporate bonds. The fund hedges out interest rate risk by owning the iSh...
LQDH: Credit Spreads Probably Too Low
LQDH tracks a corporate bond portfolio of consumer and financial stocks primarily in a way where effective duration, i.e duration risk, is zero. This is good in terms of hedging rate volatility, but i...
LQDH Will Likely Underperform In A Decreasing Rate Environment
The iShares Interest Rate Hedged Corporate Bond ETF is a fixed-income exchange-traded fund. The vehicle seeks to track the investment results of an index designed to mitigate the interest rate risk of...
How you can avoid bond fund losses when rates rise
Bond funds that don't lose money when interest rates rise? Sounds too good to be true, doesn't it?