LQDH

iShares Interest Rate Hedged Corporate Bond ETF
*Unless otherwise stated, data provided by FactSet.

LQDH 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 managed 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. For reference, LQD consists of USD denominated, investment-grade corporate bonds, weighted by market value and rebalanced monthly.

LQDH MSCI ESG Analytics Insight

iShares Interest Rate Hedged Corporate Bond ETF has an MSCI ESG Fund Rating of A based on a score of 6.56 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 63th percentile within its peer group and in the 66th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

PERFORMANCE [as of 07/29/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
LQDH -0.04% 0.55% 1.27% 6.86% 2.94% 3.78% --
LQDH (NAV) -0.03% 0.84% 1.86% 6.70% 3.03% 3.89% --
No Underlying Index -- -- -- -- -- -- --
Bloomberg Barclays US Aggregate Corporate Index -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

LQDH Summary Data

Blackrock
iShares
05/27/14
Open-Ended Fund
0.24%
$572.09M
$4.52M
0.11%

LQDH Portfolio Data

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08/02/21
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LQDH Index Data

No Underlying Index
Fixed
Fixed
Bloomberg Barclays US Aggregate Corporate Index

LQDH Portfolio Management

0.24%
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LQDH Tax Exposures

20.00% / 39.60%
0.53%
Ordinary income
No

LQDH Fund Structure

Open-Ended Fund
Yes
Yes
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N/A
N/A
Low
Daily

LQDH Factset Analytics Block Liquidity

As of 07/30/21
5
4
3
2
1

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

47,101
$4.52M
25,656
$2.46M
0.11%
$0.10
0.04%
0.57% / -0.40%
None
100.00%
50,000
0.51
0.00%
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1
$96.19
N/A

LQDH Top 10 Holdings

2.33%
-1.35%
100.00%

LQDH Performance Statistics

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LQDH MSCI ESG Ratings

6.56 / 10
66.18
63.36
9.89%
2.18%
141.62

LQDH Holdings Statistics

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LQDH Avg Life Maturity Distribution

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LQDH OAS Breakdown

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