iShares Interest Rate Hedged Corporate Bond ETF trades under ticker LQDH on NYSE as an ETF. Use this page to review its stock price, dividends, and price history. The page also shows Ultrashort Bond exposure. Identifiers: ISIN US46431W7056, CUSIP 46431W705.
About the Company
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.