iShares Investment Grade Corporate Bond BuyWrite Strategy ETF (LQDW)

BATS: LQDW · Real-Time Price · USD
28.37
0.00 (0.00%)
Sep 18, 2024, 3:59 PM EDT - Market closed
0.00%
Assets $200.35M
Expense Ratio 0.34%
PE Ratio n/a
Shares Out 7.08M
Dividend (ttm) $4.73
Dividend Yield 16.66%
Ex-Dividend Date Sep 4, 2024
Payout Ratio n/a
1-Year Return -11.51%
Volume 61,197
Open 28.36
Previous Close 28.37
Day's Range 28.36 - 28.38
52-Week Low 27.84
52-Week High 32.17
Beta 0.35
Holdings 5
Inception Date Aug 18, 2022

About LQDW

Fund Home Page

The 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.

Asset Class Fixed Income
Stock Exchange BATS
Ticker Symbol LQDW
ETF Provider BlackRock
Index Tracked CBOE LQD BuyWrite Index

Dividends

Ex-Dividend Amount Pay Date
Sep 4, 2024 $0.34109 Sep 9, 2024
Aug 2, 2024 $0.3023 Aug 7, 2024
Jul 2, 2024 $0.32322 Jul 8, 2024
Jun 4, 2024 $0.26349 Jun 10, 2024
May 2, 2024 $0.36468 May 8, 2024
Apr 2, 2024 $0.24591 Apr 8, 2024
Full Dividend History

News

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...

1 day ago - Seeking Alpha

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...

6 weeks ago - Seeking Alpha

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 ...

5 months ago - Seeking Alpha

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...

8 months ago - Seeking Alpha

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...

8 months ago - Seeking Alpha

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...

10 months ago - Seeking Alpha

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...

11 months ago - Seeking Alpha

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...

1 year ago - Seeking Alpha

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...

1 year ago - Seeking Alpha

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...

1 year ago - Seeking Alpha

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...

1 year ago - Seeking Alpha

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...

1 year ago - Seeking Alpha

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...

1 year ago - Seeking Alpha

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...

1 year ago - Seeking Alpha

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.

Other symbols: HYGWTLTW
2 years ago - Benzinga

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...

Other symbols: HYGWTLTW
2 years ago - Business Wire