This iShares fund is tracking track the investment results of an index composed of U.S. dollar-denominated, investment grade corporate bonds. This bond fund utilizes its assets to purchase U.S. investment grade corporate bonds. This ETF offer access to 1000+ high quality corporate bonds in a single fund.
This bond fund use to seek stability and pursue income. The 12-month yield is 3.25%. This top fund also has 0.15% annual expense ratio. The market price is currently traded at 0.03% discount of its NAV.
LQD Fund Profile
- Fund Inception Date: July 22 2002
- Ticker Symbol: LQD
- CUSIP: 464287242
- Rank in category (YTD): 50%
- Category: Corporate Bond
- Yield: 3.25%
- Capital Gains: -
- Expense Ratio: 0.15%
- Total Assets: $ 33.65 billion
- Annual Turnover Rate: 0%
Morningstar analysts rank this fund with 3-stars rating. The benchmark is Markit iBoxx USD Liquid Investment Grade Index.
This best ETF fund has YTD return of 2.37% as of May 30, 2017. The fund’s return since its inception in 2013 is as below:
Year | Return |
---|---|
2013 | -2.00% |
2014 | 8.21% |
2015 | -1.25% |
2016 | 6.21% |
2017 | 2.37%(YTD) |
If you want to buy this bond fund, you can get a free ETF trades through Fiedlity or other brokerages which offer free ETFs trading.
Goods & Bads
Pros:- This iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) has a low expense fee of 0.15%.
- It has a yield for income
- None
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