iShares Interest Rate Hedged Corporate Bond ETF Key Executives
This section highlights iShares Interest Rate Hedged Corporate Bond ETF's key executives, including their titles and compensation details.
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iShares Interest Rate Hedged Corporate Bond ETF Earnings
This section highlights iShares Interest Rate Hedged Corporate Bond ETF's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.
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iShares Interest Rate Hedged Corporate Bond ETF (LQDH)
The index is designed to minimize the interest-rate risk exposure of a portfolio composed of U.S. dollar-denominated, investment grade bonds, represented in the index by the underlying fund, by including a series of up to 10 interest rate swap contracts with different maturities. The fund invests, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in component securities and instruments in the index and/or bonds included in the underlying index of the underlying fund.
$92.76
Stock Price
$507.90M
Market Cap
-
Employees
None, DE
Location
Financial Statements
Access annual & quarterly financial statements for iShares Interest Rate Hedged Corporate Bond ETF, including income statements, balance sheets, and cash flow statements..
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iShares Interest Rate Hedged Corporate Bond ETF Dividends
Explore iShares Interest Rate Hedged Corporate Bond ETF's dividend history, including dividend yield, payout ratio, and historical payments.
Dividend Yield
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Dividend Payout Ratio
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Dividend Paid & Capex Coverage Ratio
x
iShares Interest Rate Hedged Corporate Bond ETF Dividend History
| Dividend | Adjusted Dividend | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.44527 | $0.44527 | March 04, 2025 | March 04, 2025 | March 07, 2025 | July 04, 2024 |
| $0.41774 | $0.41774 | February 04, 2025 | February 04, 2025 | February 07, 2025 | July 04, 2024 |
| $0.58951 | $0.58951 | December 20, 2024 | December 20, 2024 | December 26, 2024 | November 23, 2023 |
| $0.51226 | $0.51226 | December 03, 2024 | December 03, 2024 | December 06, 2024 | November 23, 2023 |
| $0.54583 | $0.54583 | November 04, 2024 | November 04, 2024 | November 07, 2024 | November 23, 2023 |
| $0.56424 | $0.56424 | October 02, 2024 | October 02, 2024 | October 07, 2024 | November 23, 2023 |
| $0.57612 | $0.57612 | September 04, 2024 | September 04, 2024 | September 09, 2024 | November 23, 2023 |
| $0.59551 | $0.59551 | August 02, 2024 | August 02, 2024 | August 07, 2024 | November 23, 2023 |
| $0.54069 | $0.54069 | July 02, 2024 | July 02, 2024 | July 08, 2024 | November 23, 2023 |
| $0.61129 | $0.61129 | June 04, 2024 | June 04, 2024 | June 10, 2024 | November 23, 2023 |
| $0.6392 | $0.6392 | May 02, 2024 | May 03, 2024 | May 08, 2024 | |
| $0.57414 | $0.57414 | April 02, 2024 | April 03, 2024 | April 08, 2024 | November 23, 2023 |
| $0.60585 | $0.60585 | March 04, 2024 | March 05, 2024 | March 08, 2024 | November 23, 2023 |
| $0.66547 | $0.66547 | February 02, 2024 | February 05, 2024 | February 08, 2024 | November 23, 2023 |
| $0.79482 | $0.79482 | December 22, 2023 | December 26, 2023 | December 29, 2023 | November 23, 2022 |
| $0.76178 | $0.76178 | December 04, 2023 | December 05, 2023 | December 08, 2023 | November 23, 2022 |
| $0.76861 | $0.76861 | November 02, 2023 | November 03, 2023 | November 08, 2023 | November 23, 2022 |
| $0.74739 | $0.74739 | October 03, 2023 | October 04, 2023 | October 10, 2023 | November 23, 2022 |
| $0.74341 | $0.74341 | September 05, 2023 | September 06, 2023 | September 11, 2023 | November 23, 2022 |
| $0.58773 | $0.58773 | August 02, 2023 | August 03, 2023 | August 08, 2023 | November 23, 2022 |
iShares Interest Rate Hedged Corporate Bond ETF News
Read the latest news about iShares Interest Rate Hedged Corporate Bond ETF, including recent articles, headlines, and updates.
LQDH: Checking In On Hedged Investment Grade Bonds (Rating Upgrade)
We initially rated LQDH a 'Sell' due to its zero duration profile, making it less beneficial in a falling rate environment. LQD outperformed LQDH by 4% as expected as the Fed announced its intent to cut Fed Funds. LQD benefited from lower intermediate rates, confirming our initial thesis. With the yield curve shift largely behind us, we are upgrading LQDH to 'Hold', anticipating similar performance to LQD in a range-bound rate environment.
LQDH: Investment-Grade Bond ETF, Interest Rate Hedged, Good 6.6% Yield
LQDH is an interest rate hedged investment-grade corporate bond index ETF managed by BlackRock. It provides investors with diversified exposure to investment-grade corporate bonds, and uses swaps to hedge its interest rate risk. It has significantly outperformed its peers since inception, and with lower risk and volatility.
LQDH: A Corporate Spreads Play (Rating Downgrade)
iShares Interest Rate Hedged Corporate Bond ETF is a fixed income ETF that hedges against rising interest rates. LQDH isolates corporate credit spreads and gains when spreads tighten, but loses value when spreads widen. Investment grade corporate spreads are currently at historic lows, indicating a potential future widening and lower NAV for LQDH.
The Credit Opportunity In M&A
M&A was almost dormant in 2023. In the US, as a proportion of the market value of the benchmark equity indices, it fell to its lowest level in 20 years, according to McKinsey. Credit investors are not traditionally supposed to be fans of M&A, and it's true we are wary of leveraging M&A, where debt is loaded onto balance sheets to buy competitors. We are seeing a comeback for M&A that we think is likely to continue through 2024.
LQDH: A Hedge For The Fed Not Pivoting
Bond funds that hedge interest rate risk have performed better than those that don't in recent years. The iShares Interest Rate Hedged Corporate Bond ETF is a cost-effective option for investors seeking interest rate hedged exposure to investment-grade corporate bonds. The LQDH ETF offers a unique blend of features, including investment-grade corporate bond exposure with interest rate hedging, setting it apart from similar ETFs.
LQDH: What Explains The ETF's Outperformance?
The iShares Interest Rate Hedged Corporate Bond ETF tracks a diversified portfolio of U.S. dollar-denominated investment grade corporate bonds. The fund hedges out interest rate risk by owning the iShares iBoxx $ Investment Grade Corporate Bond ETF and a portfolio of interest rate swaps. The LQDH ETF has delivered strong returns in the past year, but investors should not expect the same level of returns going forward.
LQDH: Credit Spreads Probably Too Low
LQDH tracks a corporate bond portfolio of consumer and financial stocks primarily in a way where effective duration, i.e duration risk, is zero. This is good in terms of hedging rate volatility, but it focuses the question of whether to buy this ETF on the matter of corporate credit spreads. In general, when the economy isn't that great credit spreads should increase, but they aren't implying things are economically quite good.
LQDH Will Likely Underperform In A Decreasing Rate Environment
The iShares Interest Rate Hedged Corporate Bond ETF is a fixed-income exchange-traded fund. The vehicle seeks to track the investment results of an index designed to mitigate the interest rate risk of a portfolio composed of U.S. dollar-denominated, investment-grade corporate bonds.
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Related Metrics
Explore detailed financial metrics and analysis for LQDH.