Source: tradingeconomics.com

Investment-Grade Corporate Bond ETFs Rise

Investment-grade corporate bond ETFs gained like the iShares iBoxx $ Invmt Grade Corp Bd ETF (NYSEArca: LQD) and iShares Interest Rate Hedged Corp Bd ETF (NYSEArca: LQDH). LQD gained .06% while LQDH rose 0.05%.

LQD seeks to track the investment results of the Markit iBoxx® USD Liquid Investment Grade Index composed of U.S. dollar-denominated, investment-grade corporate bonds. LQD allocates 95 percent of its total assets in investment-grade corporate bonds to mitigate credit risk.

LQDH seeks to mitigate the interest rate risk of a portfolio composed of U.S. dollar-denominated, investment-grade corporate bonds without being tied to an underlying index. LQD is actively-managed and seeks to invest in one or more underlying funds that principally invest in investment-grade bonds, and in U.S. Treasury securities (or cash equivalents).

For more trends in fixed income, visit the Rising Rates Channel.