iShares Interest Rate Hedged Corporate Bond ETF

No trades
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Key stats

Assets under management (AUM)
‪299.36 M‬USD
Fund flows (1Y)
‪−35.77 M‬USD
Dividend yield (indicated)
7.80%
Discount/Premium to NAV
0.07%

About iShares Interest Rate Hedged Corporate Bond ETF

Issuer
BlackRock, Inc.
Brand
iShares
Expense ratio
0.24%
Home page
Inception date
May 27, 2014
Index tracked
BlackRock Interest Rate Hedged Corporate Bond Index - Benchmark TR Gross
Management style
Passive
ISIN
US46431W7056
LQDH tracks an index that primarily takes a long position in iShares iBoxx USD Investment Grade Corporate Bond ETF (LQD) and shorts Treasury futures to achieve a net-zero portfolio duration. This strategy aims to capture only the credit spread without interest-rate risk, although precise duration hedging is hard to implement in the real world. For reference, LQD consists of USD denominated, investment-grade corporate bonds, weighted by market value and rebalanced monthly. Prior to Dec. 1, 2021, the fund is actively-managed holding the ETF LQD and using the same strategy of hedging interest rate risk.

Classification

Asset Class
Fixed income
Category
Corporate, broad-based
Focus
Investment grade
Niche
Broad maturities
Strategy
Duration hedged
Weighting scheme
Fixed
Selection criteria
Fixed
What's in the fund
Exposure type
Bonds, Cash & Other
ETF
Bonds, Cash & Other100.00%
ETF121.69%
Cash−21.69%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy