LQDBiShares BBB Rated Corporate Bond ETF

Get income5y track recordRanked #791 of 1,622 in this goal

Seeks to track the investment results of an index composed of BBB fixed rate U.S. dollar-denominated bonds issued by corporate issuers.

By iShares · Launched 2021

Annual Cost

0.15%

#740 of 5,562 · low cost

Fund Size

$56M

#3,458 of 5,562 · mid-size

Dividend YieldGoal

4.65%

Track Record

5 years

#2,378 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$10,547+5.5%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Index tracking

Index tracked

iBoxx USD Liquid Investment Grade BBB 0+ Index

What it actually holds

By weight

Concentration

Top 10 holdings = 9.6% of fund✓ well diversified

BlackRock Funds III

4.7%

BlackRock Funds III

1.4%

AerCap Ireland Capital DAC

0.5%

Ford Motor Credit Co. LLC

0.5%

Nomura Holdings, Inc.

0.4%

Santander UK Group Holdings plc

0.4%

Nomura Holdings, Inc.

0.4%

Ford Motor Credit Co. LLC

0.4%

Barclays plc

0.4%

General Motors Financial Co., Inc.

0.4%

Asset allocation

Bonds

95.4%

Cash

4.6%

Convertible

0.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

4.1%Low

Year-on-year price swings

Max drawdown

-21.6%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

0.41Below average

Sortino (3Y)

0.58Moderate downside risk

Bond profile

Duration

4.6 years

Avg maturity

9.5 years

Credit ratings

0.9%

BBB

99.1%

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to track the investment results of an index composed of BBB fixed rate U.S. dollar-denominated bonds issued by corporate issuers.
Strategy: Invests primarily in BBB fixed rate U.S. dollar-denominated corporate bonds, tracking the iBoxx USD Liquid Investment Grade BBB 0+ Index. The Fund uses a representative sampling strategy to manage investments, aiming to keep portfolio turnover low and achieve lower costs compared to active management.
Inception date: May 18, 2021
Fund family: iShares