LQDH
iShares Interest Rate Hedged Corporate Bond ETFLQDH Fund Description
LQDH is an actively managed fund-of-funds that targets USD-denominated investment corporate bonds while mitigating duration risk.
LQDH Factset Analytics Insight
LQDH—an actively manage fund-of-funds—primarily takes a long position in LQD (an iShares corporate investment-grade ETF) 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. The fund’s 25 bp expense ratio is fair given its duration-hedging overlay. LQDH should blossom in liquidity given its superbly liquid underlying, which should ultimately benefit investors large and small. Still, the new fund will have to fight for investor interest just like any other. In addition to being a solution to rising interest rates, LQDH may also appeal to existing LQD investors as an overlay for those who want to shorten their portfolio duration without significantly altering the underlying credit and liquidity profile.
LQDH MSCI ESG Analytics Insight
iShares Interest Rate Hedged Corporate Bond ETF has an MSCI ESG Fund Rating of BBB based on a score of 5.21 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. iShares Interest Rate Hedged Corporate Bond ETF ranks in the 35th percentile within its peer group and in the 47th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
LQDH Charts And Performance
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LQDH Summary Data
LQDH Portfolio Data
LQDH Index Data
LQDH Portfolio Management
LQDH Tax Exposures
LQDH Fund Structure
LQDH Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of LQDH. LQDH is rated a N/A out of 5.
LQDH Tradability
LQDH Performance Statistics
LQDH MSCI ESG Ratings
LQDH Holdings Statistics
LQDH Avg Life Maturity Distribution
LQDH OAS Breakdown
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MSCI ESG Research LLC’s ("MSCI ESG") Fund Metrics products (the "Information") provide environmental, social and governance data with respect to underlying securities within more than 24,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted to, nor received approval from, the US SEC or any other regulatory body. None of the Information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided "as is" and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information.