LDRI’s “laddering methodology evenly staggers bond maturities so that they occur on regular intervals, providing an efficient balance between risk and return, which may help investors manage volatility during a period of rising interest rates,” said PowerShares in the statement.
LDRI holds 45 issues with 44.3% hailing from the financial services sector. The consumer staples and energy sectors also receive weights of north 8.3% in the ETF. LDRI charges just 0.22% per year.
LDRI Credit Quality
Table Courtesy: PowerShares
ETF Trends editorial team contributed to this post.