iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD)

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iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) is a popular bond exchange traded fund. This index fund invests in high quality U.S. corporate bonds.

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

    iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD)
  • 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%
Updated May 2017

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:
YearReturn
2013-2.00%
20148.21%
2015-1.25%
20166.21%
20172.37%(YTD)
The average maturity is 12.29 years and the average duration is 8.19 years.

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
Cons:
  • None

Where to buy?

You can buy this iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) from any brokerages.Some brokerage may offer free trading such as Vanguard. Other free trading ETF brokers are Fidelity, Schwab, TD Ameritrade.

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