LQD 📈 iShares Investment Grade - Overview

The iShares iBoxx $ Investment Grade Corporate Bond ETF, listed on NYSE ARCA under the ticker LQD, is designed to track the performance of the U.S. dollar-denominated liquid investment-grade corporate bond market. To achieve this, the fund invests a minimum of 80% of its assets in the component securities of the underlying index, which is a broad representation of this market segment. Additionally, the fund allocates at least 90% of its assets in fixed income securities that the advisor believes will help in tracking the underlying index, thereby ensuring a high level of correlation with the index's performance.

The underlying index of the LQD ETF is specifically designed to capture the investment-grade segment of the U.S. corporate bond market, focusing on liquid, dollar-denominated bonds. This index provides a comprehensive benchmark for investors seeking exposure to the higher end of the credit spectrum within the corporate bond universe. By tracking this index, the LQD ETF offers investors a diversified portfolio of investment-grade corporate bonds, which can be an attractive option for those seeking regular income and relatively lower credit risk compared to high-yield or non-investment-grade bonds.

As an exchange-traded fund (ETF), the LQD offers the benefits of transparency, liquidity, and diversification. It is listed on NYSE ARCA, making it easily accessible to a wide range of investors. The fund is managed by BlackRock, one of the world's leading asset managers, and more information about the fund, including its holdings, performance, and other details, can be found on the iShares website. The fund's domicile is the United States, and its ISIN is US4642872422, categorizing it as a corporate bond ETF. This classification indicates that the fund's primary investment objective is to provide exposure to the U.S. investment-grade corporate bond market, making it a valuable tool for investors seeking to allocate assets to this specific sector.