iShares Investment Grade Corporate Bond Buywrite Strategy ETF Key Executives
This section highlights iShares Investment Grade Corporate Bond Buywrite Strategy ETF's key executives, including their titles and compensation details.
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iShares Investment Grade Corporate Bond Buywrite Strategy ETF Earnings
This section highlights iShares Investment Grade Corporate Bond Buywrite Strategy ETF's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.
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iShares Investment Grade Corporate Bond Buywrite Strategy ETF (LQDW)
The fund will seek to write call options up to (but not exceeding) the full amount of shares of the underlying fund held in the fund (i.e., the short position in the call option is offset, or “covered,” by the long position the fund holds in shares of the underlying fund).
$26.22
Stock Price
$223.16M
Market Cap
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Employees
None, None
Location
Financial Statements
Access annual & quarterly financial statements for iShares Investment Grade Corporate Bond Buywrite Strategy ETF, including income statements, balance sheets, and cash flow statements..
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iShares Investment Grade Corporate Bond Buywrite Strategy ETF Dividends
Explore iShares Investment Grade Corporate Bond Buywrite Strategy ETF's dividend history, including dividend yield, payout ratio, and historical payments.
Dividend Yield
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iShares Investment Grade Corporate Bond Buywrite Strategy ETF Dividend History
| Dividend | Adjusted Dividend | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.25995 | $0.25995 | March 04, 2025 | March 04, 2025 | March 07, 2025 | |
| $0.4334 | $0.4334 | February 04, 2025 | February 04, 2025 | February 07, 2025 | |
| $0.52988 | $0.52988 | December 20, 2024 | December 20, 2024 | December 26, 2024 | |
| $0.31076 | $0.31076 | December 03, 2024 | December 03, 2024 | December 06, 2024 | |
| $0.22625 | $0.22625 | November 04, 2024 | November 04, 2024 | November 07, 2024 | |
| $0.34551 | $0.34551 | October 02, 2024 | October 02, 2024 | October 07, 2024 | October 01, 2024 |
| $0.34109 | $0.34109 | September 04, 2024 | September 04, 2024 | September 09, 2024 | |
| $0.3023 | $0.3023 | August 02, 2024 | August 02, 2024 | August 07, 2024 | |
| $0.32322 | $0.32322 | July 02, 2024 | July 02, 2024 | July 08, 2024 | |
| $0.26349 | $0.26349 | June 04, 2024 | June 04, 2024 | June 10, 2024 | |
| $0.36468 | $0.36468 | May 02, 2024 | May 03, 2024 | May 08, 2024 | May 01, 2024 |
| $0.246 | $0.246 | April 02, 2024 | |||
| $0.47187 | $0.47187 | March 04, 2024 | March 05, 2024 | March 08, 2024 | March 01, 2024 |
| $0.40988 | $0.40988 | February 02, 2024 | February 05, 2024 | February 08, 2024 | |
| $0.61808 | $0.61808 | December 22, 2023 | December 26, 2023 | December 29, 2023 | |
| $0.55954 | $0.55954 | December 04, 2023 | December 05, 2023 | December 08, 2023 | December 01, 2023 |
| $0.42132 | $0.42132 | November 02, 2023 | November 03, 2023 | November 08, 2023 | |
| $0.40378 | $0.40378 | October 03, 2023 | October 04, 2023 | October 10, 2023 | October 02, 2023 |
| $0.38794 | $0.38794 | September 05, 2023 | September 06, 2023 | September 11, 2023 | September 01, 2023 |
| $0.22558 | $0.22558 | August 02, 2023 | August 03, 2023 | August 08, 2023 | August 01, 2023 |
iShares Investment Grade Corporate Bond Buywrite Strategy ETF News
Read the latest news about iShares Investment Grade Corporate Bond Buywrite Strategy ETF, including recent articles, headlines, and updates.
LQDW And HYGW: Avoid These Buy-Write ETFs
Buy-write ETFs like LQDW and HYGW historically underperformed their underlying ETFs due to mechanical monthly covered Call strategies. LQDW and HYGW's make sense in very few scenarios, in most scenarios they either under-perform their underlying or incur losses. Investors should consider direct investments in LQD or HYG if they expect appreciation, or explore other high-income stocks and ETFs for better returns.
LQDW: Attractive Income With Low Volatility For Easing Cycle
Investors may be overexposed to cash, with money market assets totaling $6.1 trillion, highlighting the need for diversified income sources. Moving money to bonds can outperform cash, especially in the months after the first rate cut. But bond ETFs offers lower yields with certain volatility. LQDW deploys covered call strategies on the Investment Grade Corporate Bond ETF (LQD) to get high yield (16%) with historical volatility at low single digit.
LQDW: NAV Erosion And Unsustainable Distributions
iShares Investment Grade Corporate Bond Buywrite Strategy ETF has significantly underperformed its underlying asset, LQD, due to its covered call strategy. LQDW's unsustainable options strategy causes significant NAV erosion, making it a poor choice for long-term investors. NAV drops that are larger than the underlying asset show that LQDW's trades are frequently unprofitable. The fund barely holds its value, even with all distributions reinvested.
LQDW: The Great Illusion Of 2-Digit Yields
iShares Investment Grade Corporate Bond Buywrite Strategy ETF pays a 2-digit yield thanks to a covered call strategy based on a bond ETF. Such a fund is likely to attract income-oriented investors. However, historical data point to a heavy loss in capital and a shrinking average distribution in just 2 years of existence.
LQDW: Not The Best If Expecting Extreme Outcomes
LQDW is a covered call strategy based on writing calls on the LQD while also going long. It's not too bad if you expect downside in the LQD, though it still faces downside risk. It's not great if you expect a decent amount of upside or more in the LQD.
LQDW: Taking Advantage Of Elevated Bond Volatility
The iShares Investment Grade Corporate Bond Buywrite Strategy ETF has lost money since its launch in August 2022 due to rising yields and extreme volatility. The ETF should perform better in 2024 as high Treasury yields and implied volatility rates result in strong income, while the scope for large moved in yields has diminished. A renewed rise in inflation poses the main risk to the LQDW as it would put upside pressure on yields as well as potentially triggering a rise in volatility.
January's 83 Monthly Paid Dividend Stocks And 80 Funds
Imagine stocks or funds that pay-out their dividends once-a-month! Unlike waiting for quarterly, semi-annual or (ugh) annual payouts, your angst awaiting money is reduced by 300%, or more!. These January U.S. exchange-traded monthly-paid (MoPay) dividends, upsides, and net-gains include: 1. Stocks by-yield (83); 2. Stocks by price-upside (30); 3. Closed-End-Investments, Exchange-Traded-Funds & Notes (CEICs/ETFs/ETNs) by-yield >10.4% (80). Items: 1. Top MoPay stock gains; 2. Overall best MoPay gainers; 3. Funds vs. Equities; 4. Fund risks/rewards. All per prices as of 1/11/24.
79 Monthly-Paying Dividend Stocks And 80 Funds For December
Imagine stocks or funds that pay out their dividends once a month! Unlike waiting for quarterly, semi-annual or (ugh) annual payouts, your angst awaiting money is reduced by 300% or more! These December U.S. exchange-traded monthly-paid (MoPay) dividends, upsides, and net gains include: 1. Stocks by yield (79); 2. Stocks by price upside (30); 3. Closed-End-Investments, Exchange-Traded Funds & Notes (CEICs/ETFs/ETNs) by yield >9.5% (80). Items: 1. Top MoPay stock gains; 2. Overall best MoPay gainers; 3. Funds vs. Equities; 4. Fund risks/rewards. All per prices as of 12/8/23.
LQDW Has Been Underperforming But It May Be Salvageable
iShares Investment Grade Corporate Bond BuyWrite Strategy ETF aims to generate high yields by writing covered calls on investment grade corporate bonds. The fund has underperformed its underlying assets even when it theoretically should have outperformed, highlighting the limitations of covered call strategies in volatile markets. Investors can potentially improve returns by converting the fund to a covered call spread fund or by buying a mix of LQD-LQDW for high yield and upside participation.
LQDW: An Innovative Approach But Unclear In The Near Term
iShares Investment Grade Corporate Bond Buywrite Strategy ETF applies a buy-write strategy to the bond market, generating additional income and reducing portfolio volatility. The LQDW ETF has underperformed compared to the iShares iBoxx $ Investment Grade Corporate Bond ETF, highlighting that yield alone does not guarantee stronger returns. LQDW can be a reliable choice for income-focused investors, offering a high-yield component in a diversified portfolio with a focus on reducing volatility.
85 Monthly Paying Dividend Stocks And 80 Funds For August
Imagine stocks or funds that pay out their dividends once a month! Unlike waiting for quarterly, semi-annual or (ugh) annual payouts, your angst waiting for money is reduced by 300%, or more! These August U.S. exchange-traded monthly-paid (MoPay) dividends, upsides, and net-gains include: 1. Stocks by-yield (85); 2. Stocks by price-upside (30); 3. Closed-End-Investments, Exchange-Traded-Funds & Notes (CEICs/ETFs/ETNs) by-yield >8.74% (80). Items: 1. Top MoPay stock gains; 2. Overall best MoPay gainers; 3. Funds vs. Equities; 4. Fund risks/rewards. All per prices as of 8/15/23.
Readers Reveal 30 June Dividend Buys
Prior to June 30, 2023, my readers mentioned 42 equities in their comments on my articles. Some bad-news investments (Rogues) mixed with (mostly) Favorites. Thus, these are ReFa/Ro. Ten analyst-target-estimated TOP-NET-GAIN Re/Fa/Ro: GGB, PFE, VFC, SB, GSL, BTI, PDM, PBR, SBSW, and IPOOF, averaged 65.57% net gains from reader data collected 7/17/23. Ten analyst-target-augured June TOP-PRICE-UPSIDE reader faves & rogues (ReFa/Ro) were: BRSP, GGB, PFE, VFC, SB, PDM, BPI, GSL, SBSW, & IPOOF boasting a 55.56% average target price upside estimate.
87 Monthly Paying Dividend Stocks And 80 Funds For July
Imagine stocks or funds that pay out their dividends once-a-month! Unlike waiting for quarterly, semi-annual or (ugh) annual payouts, your angst waiting for money is reduced by 300%, or more! These July U.S. exchange-traded monthly-paid (MoPay) dividends, upsides, and net-gains include: 1. Stocks by-yield (87); 2. Stocks by price-upside (30); 3. Closed-End-Investments, Exchange-Traded-Funds & Notes (CEICs/ETFs/ETNs) by-yield >8.74% (80). Items: 1. Top MoPay stock gains; 2. Overall best MoPay gainers; 3. Funds vs.Equities; 4. Fund risks/rewards. All per prices as of 7/13/23.
LQDW: Appreciated Addition To The Buy-Write Arena, Sell On Lower Rates
The iShares Investment Grade Corporate Bond Buywrite Strategy ETF is a new exchange-traded fund that offers a unique approach to investing in the fixed income market. The fund invests in an investment-grade corporate bond ETF and then writes covered calls on the name. This strategy allows LQDW to generate income from the option premium. One of the key risks associated with LQDW is that its performance could be hurt by a significant rally in corporate bond prices on the back of lower rates.
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Related Metrics
Explore detailed financial metrics and analysis for LQDW.