What is LQDI?

LQDI tracks an index that holds the iShares iBoxx USD Investment Grade Corporate Bond ETF (LQD), which targets investment-grade corporate bond, while using swaps to hedge inflation risk.

PERFORMANCE [as of 03/28/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
LQDI 1.52% 2.94% 2.96% -8.47% 4.98% -- --
LQDI (NAV) 1.79% 3.18% 3.16% -8.16% 5.98% -- --
ICE BofAML US Corporate Index 1.52% 2.64% 2.40% -5.01% -0.20% 1.52% 2.25%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

LQDI Factset Analytics Insight

LQDI tracks an index that combines a long position in iShares iBoxx USD Investment Grade Corporate Bond ETF (LQD) with an overlay of inflation swaps. By entering these swaps, the fund agrees to give up a portion of the fixed payments it receives from LQDs bond portfolio in exchange for floating payments tied to the inflation rate. Because inflation is already priced into the market for corporate bonds, the fund effectively hedges inflation expectations, rather than the inflation rate itself. Therefore, even if inflation rises, LQDI will underperform if the rise is less than expected. The fund will outperform (before costs) when inflation exceeds expectations. LQDI should appeal to investors who want the inflation protection of TIPS with the higher risk and return of corporate bonds. Prior to Dec. 1, 2021, the fund was actively managed, holding the ETF LQD and using the same strategy of hedging inflation risk.

LQDI Summary Data

Blackrock
05/08/18
0.18%
$55.16M
BlackRock Inflation Hedged Corporate Bond Index
ICE BofAML US Corporate Index
Open-Ended Fund

Peers

ICE BofAML US Corporate Index

Fund Flows

$0.00B 5 Days
-$0.01B 30 Days
-$0.00B 90 Days

LQDI Portfolio Data

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LQDI Index Data

BlackRock Inflation Hedged Corporate Bond Index
Fixed
Fixed
ICE BofAML US Corporate Index

LQDI Portfolio Management

0.18%
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LQDI Tax Exposures

20.00% / 39.60%
0.08%
Ordinary income
No

LQDI Fund Structure

Open-Ended Fund
No
Yes
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N/A
N/A
Medium
Daily

Factset Analytics Block Liquidity

As of 03/29/23

This measurement shows how easy it is to trade a $1 million USD block of LQDI. LQDI is rated a N/A out of 5.

LQDI Tradability

31,125
$800.55K
12,552
$322.09K
0.19%
$0.05
-0.00%
1.01% / -0.59%
None
100.00%
50,000
0.25
0.01%
0.05%
32
$25.72
N/A

LQDI Sector/Industry Breakdown

LQDI Segment
Benchmark
98.18% --
1.82% --

LQDI Top 10 Holdings

1.82%
100.00%

LQDI Performance Statistics

0.54
1.08
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LQDI Avg Life Maturity Distribution

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LQDI OAS Breakdown

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LQDI Holdings Statistics

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