Key stats
About iShares Interest Rate Hedged Corporate Bond ETF
Home page
Inception date
May 27, 2014
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
LQDH tracks an index that primarily takes a long position in iShares iBoxx USD Investment Grade Corporate Bond ETF (LQD) 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. Prior to Dec. 1, 2021, the fund is actively-managed holding the ETF LQD and using the same strategy of hedging interest rate risk.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF108.72%
Cash−8.72%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
LQDH last dividends amounted to 0.49 USD. The month before, the issuer paid 0.52 USD in dividends, which shows a 6.09% decrease.
LQDH assets under management is 487.68 M USD. It's risen 3.09% over the last month.
LQDH fund flows account for 122.65 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, LQDH pays dividends to its holders with the dividend yield of 6.82%. The last dividend (Jun 6, 2025) amounted to 0.49 USD. The dividends are paid monthly.
LQDH shares are issued by BlackRock, Inc. under the brand iShares. The ETF was launched on May 27, 2014, and its management style is Passive.
LQDH expense ratio is 0.24% meaning you'd have to pay 0.24% of your investment to help manage the fund.
LQDH follows the BlackRock Interest Rate Hedged Corporate Bond Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
LQDH invests in funds.
LQDH price has risen by 0.02% over the last month, and its yearly performance shows a −1.00% decrease. See more dynamics on LQDH price chart.
NAV returns, another gauge of an ETF dynamics, showed a 1.24% increase in three-month performance and has increased by 5.98% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 1.24% increase in three-month performance and has increased by 5.98% in a year.
LQDH trades at a premium (0.01%) meaning the ETF is trading at a higher price than the calculated NAV.