LEGAL & GENERAL UCITS ETF PLC - L&G USD CORPORATE BOND SCREENED UCITS ETFLEGAL & GENERAL UCITS ETF PLC - L&G USD CORPORATE BOND SCREENED UCITS ETFLEGAL & GENERAL UCITS ETF PLC - L&G USD CORPORATE BOND SCREENED UCITS ETF

LEGAL & GENERAL UCITS ETF PLC - L&G USD CORPORATE BOND SCREENED UCITS ETF

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Key stats


Assets under management (AUM)
‪75.33 M‬EUR
Fund flows (1Y)
Dividend yield (indicated)
4.33%
Discount/Premium to NAV
Shares outstanding
‪8.61 M‬
Expense ratio
0.09%

About LEGAL & GENERAL UCITS ETF PLC - L&G USD CORPORATE BOND SCREENED UCITS ETF


Brand
L&G
Inception date
Jan 21, 2021
Structure
Irish VCIC
Index tracked
J.P. Morgan Global Credit Index (GCI) ESG Investment Grade USD Custom Maturity Index - Benchmark TR Net
Replication method
Physical
Management style
Passive
Dividend treatment
Distributes
Primary advisor
LGIM Managers (Europe) Ltd.
ISIN
IE00BLRPRD67
The Fund is a passively managed exchange traded Fund that aims to track the performance of the J.P. Morgan Global Credit Index (GCI) ESG Investment Grade USD Custom Maturity Index (the Index), subject to the deduction of the ongoing charges and other costs associated with operating the Fund.

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Classification


Asset Class
Fixed income
Category
Corporate, broad-based
Focus
Investment grade
Niche
Broad maturities
Strategy
ESG
Geography
Developed Markets
Weighting scheme
Market value
Selection criteria
Principles-based
What's in the fund
Exposure type
Bonds, Cash & Other
Corporate
Stock breakdown by region
2%80%13%3%
Top 10 holdings
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
USAB assets under management is ‪75.33 M‬ EUR. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
USAB invests in bonds. See more details in our Analysis section.
USAB expense ratio is 0.09%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, USAB isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, USAB pays dividends to its holders with the dividend yield of 4.33%.
USAB shares are issued by Legal & General Group Plc
USAB follows the J.P. Morgan Global Credit Index (GCI) ESG Investment Grade USD Custom Maturity Index - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jan 21, 2021.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.