NYSEArca - Delayed Quote USD

iShares Interest Rate Hedged Corporate Bond ETF (LQDH)

91.50
-0.36
(-0.39%)
At close: May 21 at 4:00:00 PM EDT
91.45
-0.05
(-0.05%)
After hours: May 21 at 4:08:11 PM EDT

ETF Summary

The index is designed to minimize the interest-rate risk exposure of a portfolio composed of U.S. dollar-denominated, investment grade bonds, represented in the index by the underlying fund, by including a series of up to 10 interest rate swap contracts with different maturities. The fund invests, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in component securities and instruments in the index and/or bonds included in the underlying index of the underlying fund.

ETF Overview

Category Ultrashort Bond
Fund Family iShares
Net Assets 458.36M
YTD Daily Total Return 1.07%
Yield 7.18%
Legal Type Exchange Traded Fund

ETF Operations

Attributes LQDH Category Average
Annual Report Expense Ratio (net) 0.24% 0.39%
Holdings Turnover 9.00% 67.76%
Total Net Assets 0.00 0.00

Morningstar Style Box

Yahoo partners with Morningstar a leading market research and investment data group to help investors rate and compare funds on Yahoo Finance. The Morningstar Category is shown next to the Morningstar Style Box which identifies a fund's investment focus, based on the underlying securities in the fund. Yahoo partners with Morningstar a leading market research and investment data group to help investors rate and compare funds on Yahoo Finance. The Morningstar Category is shown next to the Morningstar Style Box which identifies a fund's investment focus, based on the underlying securities in the fund.

Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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