iShares Investment Grade Corporate Bond BuyWrite Strategy ETF (LQDW)
| Assets | $228.13M |
| Expense Ratio | 0.34% |
| PE Ratio | n/a |
| Shares Out | 8.90M |
| Dividend (ttm) | $3.98 |
| Dividend Yield | 15.40% |
| Ex-Dividend Date | Apr 2, 2025 |
| Payout Ratio | n/a |
| 1-Year Return | -8.15% |
| Volume | 16,788 |
| Open | 25.82 |
| Previous Close | 25.73 |
| Day's Range | 25.82 - 25.82 |
| 52-Week Low | 24.96 |
| 52-Week High | 28.54 |
| Beta | 0.32 |
| Holdings | 4 |
| Inception Date | Aug 18, 2022 |
About LQDW
Fund Home PageThe iShares Investment Grade Corporate Bond BuyWrite Strategy ETF (LQDW) is an exchange-traded fund that is based on the CBOE LQD BuyWrite index. The fund uses a fund-of-fund approach to passively track an index that measures the performance of holding shares of the iShares iBoxx USD Investment Grade Corporate Bond ETF and writes one-month call options against the shares. LQDW was launched on Aug 18, 2022 and is issued by BlackRock.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 2, 2025 | $0.27491 | Apr 7, 2025 |
| Mar 4, 2025 | $0.25995 | Mar 7, 2025 |
| Feb 4, 2025 | $0.4334 | Feb 7, 2025 |
| Dec 20, 2024 | $0.52988 | Dec 26, 2024 |
| Dec 3, 2024 | $0.31076 | Dec 6, 2024 |
| Nov 4, 2024 | $0.22625 | Nov 7, 2024 |
News
LQDW And HYGW: Avoid These Buy-Write ETFs
Buy-write ETFs like LQDW and HYGW historically underperformed their underlying ETFs due to mechanical monthly covered Call strategies. LQDW and HYGW's make sense in very few scenarios, in most scenari...
LQDW: Attractive Income With Low Volatility For Easing Cycle
Investors may be overexposed to cash, with money market assets totaling $6.1 trillion, highlighting the need for diversified income sources. Moving money to bonds can outperform cash, especially in th...
LQDW: NAV Erosion And Unsustainable Distributions
iShares Investment Grade Corporate Bond Buywrite Strategy ETF has significantly underperformed its underlying asset, LQD, due to its covered call strategy. LQDW's unsustainable options strategy causes...
LQDW: The Great Illusion Of 2-Digit Yields
iShares Investment Grade Corporate Bond Buywrite Strategy ETF pays a 2-digit yield thanks to a covered call strategy based on a bond ETF. Such a fund is likely to attract income-oriented investors. Ho...
LQDW: Not The Best If Expecting Extreme Outcomes
LQDW is a covered call strategy based on writing calls on the LQD while also going long. It's not too bad if you expect downside in the LQD, though it still faces downside risk. It's not great if you ...
LQDW: Taking Advantage Of Elevated Bond Volatility
The iShares Investment Grade Corporate Bond Buywrite Strategy ETF has lost money since its launch in August 2022 due to rising yields and extreme volatility. The ETF should perform better in 2024 as h...
January's 83 Monthly Paid Dividend Stocks And 80 Funds
Imagine stocks or funds that pay-out their dividends once-a-month! Unlike waiting for quarterly, semi-annual or (ugh) annual payouts, your angst awaiting money is reduced by 300%, or more!. These Janu...
79 Monthly-Paying Dividend Stocks And 80 Funds For December
Imagine stocks or funds that pay out their dividends once a month! Unlike waiting for quarterly, semi-annual or (ugh) annual payouts, your angst awaiting money is reduced by 300% or more! These Decemb...
LQDW Has Been Underperforming But It May Be Salvageable
iShares Investment Grade Corporate Bond BuyWrite Strategy ETF aims to generate high yields by writing covered calls on investment grade corporate bonds. The fund has underperformed its underlying asse...
LQDW: An Innovative Approach But Unclear In The Near Term
iShares Investment Grade Corporate Bond Buywrite Strategy ETF applies a buy-write strategy to the bond market, generating additional income and reducing portfolio volatility. The LQDW ETF has underper...
85 Monthly Paying Dividend Stocks And 80 Funds For August
Imagine stocks or funds that pay out their dividends once a month! Unlike waiting for quarterly, semi-annual or (ugh) annual payouts, your angst waiting for money is reduced by 300%, or more! These Au...
Readers Reveal 30 June Dividend Buys
Prior to June 30, 2023, my readers mentioned 42 equities in their comments on my articles. Some bad-news investments (Rogues) mixed with (mostly) Favorites. Thus, these are ReFa/Ro. Ten analyst-target...
87 Monthly Paying Dividend Stocks And 80 Funds For July
Imagine stocks or funds that pay out their dividends once-a-month! Unlike waiting for quarterly, semi-annual or (ugh) annual payouts, your angst waiting for money is reduced by 300%, or more! These Ju...
LQDW: Appreciated Addition To The Buy-Write Arena, Sell On Lower Rates
The iShares Investment Grade Corporate Bond Buywrite Strategy ETF is a new exchange-traded fund that offers a unique approach to investing in the fixed income market. The fund invests in an investment...
LQDW: A Covered Call Strategy Based On Popular Bond Index
The iShares Investment Grade Corporate Bond BuyWrite Strategy (LQDW) invests based on the Cboe LQD BuyWrite Index. The strategy is to hold shares in the iShares iBoxx $ Investment Grade Corporate Bond...
LQDW: Covered Call Bond ETF Offers A Massive Yield While Limiting Volatility
LQDW tracks an index of investment-grade corporate bonds while writing call options to generate extra income. Bonds have been volatile and under pressure but look increasingly attractive as interest r...
BlackRock Announces 3 New BuyWrite Fixed Income ETFs For The Savvy Investor
On August 22, BlackRock Inc (NYSE: BLK) unveiled three new fixed income exchange traded funds, offering investors a BuyWrite strategy on fixed income assets.
BlackRock Launches Industry's First BuyWrite Fixed Income ETFs
NEW YORK--(BUSINESS WIRE)--BlackRock today launched a first-of-its-kind suite of fixed income ETFs that provide access to buy-write investment strategies on baskets of fixed income securities: the iSh...