iShares 10+ Year Investment Grade Corporate Bond ETF (LLQD)
iShares 10+ Year Investment Grade Corporate Bond ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in San Francisco, CA, US. The stock last traded at $54.10, down 0.39% on the session, giving a market capitalisation of $13.0M. Its beta of 0.00 implies it has historically moved less than the broad market.
This exchange-traded fund endeavors to mirror the financial performance of the Markit iBoxx® USD Liquid Investment Grade Long Index. Its investment strategy dictates that at least 90% of its capital will be deployed into the underlying index's constituent securities. Up to 10% of its assets may be allocated to various derivatives, such as futures, options, and swap agreements, or held in cash and cash equivalents, including stakes in money market funds. The aforementioned index specifically tracks U.S. dollar-denominated corporate debt with an investment-grade credit rating and remaining maturities exceeding ten years. This fund is categorized as non-diversified.
iShares 10+ Year Investment Grade Corporate Bond ETF is most often compared with the following Financial Services names: